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James Sackl: Difference between revisions

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Created page with "{{person | name = James Sackl 14px | image = James sackl.jpg | caption = | birth_name = Andrew James Sackl | birth_date = | birth_place = Melbourne, Victoria, Australia | nationality = Australian | occupation = Entrepreneur, founder, writer | known_for = Wallace Biotechnologies; Terraform Technologies; Young Media | website = https://jamessackl.com.au/ }}..."
 
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==Early life and Young Media==
==Early life and Young Media==


Sackl was born and raised in Melbourne, Australia. According to his published biography, his parents separated when he was young and he experienced difficulties during his teenage years. He subsequently left home, worked in a number of different jobs and began developing his first business after completing school.<ref>James Sackl, "About", https://jamessackl.com.au/about</ref>
Sackl was born and raised in Melbourne, Australia. He subsequently worked in a number of different jobs and began developing his first business after completing school.<ref>James Sackl, "About", https://jamessackl.com.au/about</ref>


In 2007, at the age of 21, Sackl established Young Media. He initially sold advertising opportunities to local businesses before the website had been completed, using the advertising revenue received in advance to help finance the website's development. The company subsequently expanded into other Australian cities and was later sold.<ref>James Sackl, "About", https://jamessackl.com.au/about</ref>
In 2007, at the age of 21, Sackl established Young Media. He initially sold advertising opportunities to local businesses before the website had been completed, using the advertising revenue received in advance to help finance the website's development. The company subsequently expanded into other Australian cities and was later sold.<ref>James Sackl, "About", https://jamessackl.com.au/about</ref>
The eventual sale of Young Media subsequently became relevant to legal proceedings involving Sackl, including matters concerning the proceeds from the transaction and their treatment.<ref>CaseNote AU, "Director of Public Prosecutions v Sackl", https://casenote.au/cases/director-of-public-prosecutions-v-sackl</ref>


==Business career==
==Business career==
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ASIC stated that the five companies operated in areas including software development, vocational education, animal-feed production, migration services and employment services.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
ASIC stated that the five companies operated in areas including software development, vocational education, animal-feed production, migration services and employment services.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
In May 2022, ASIC disqualified Sackl from managing corporations for three years and six months following the failure of the five companies.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref> ASIC reported that the companies had combined debts of A$2.9 million to creditors at the time of the decision. This amount included approximately A$830,000 owed to the Australian Taxation Office and A$118,800 owed to the Attorney-General's Department under the Fair Entitlements Guarantee.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
ASIC stated that Sackl had failed to meet several statutory obligations associated with his directorships. The matters identified included taxation, superannuation, workers' compensation insurance, financial record keeping and insolvency requirements.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
Sackl applied for a review of the ASIC decision through the Administrative Appeals Tribunal in May 2022. He withdrew the application in March 2023. ASIC subsequently stated that his disqualification would remain in force until 3 November 2025.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>


==Agriculture==
==Agriculture==
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The sales figures are reported on Sackl's own website and are therefore presented here as figures stated by him rather than independently verified financial results.
The sales figures are reported on Sackl's own website and are therefore presented here as figures stated by him rather than independently verified financial results.
==Legal proceedings==
Sackl has been involved in regulatory and criminal proceedings relating to aspects of his business activities.
===Corporate disqualification===
In May 2022, ASIC announced that Sackl had been disqualified from managing corporations for three years and six months following the failure of five companies in which he had served as a director.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
According to ASIC, the findings included failures involving taxes, superannuation and workers' compensation insurance premiums, as well as failures to maintain financial records and other breaches of directors' duties.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
The ASIC decision recorded that Sackl became bankrupt on 13 November 2020. It further stated that he had not been discharged from bankruptcy when the May 2022 decision was made.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref>
===False testimony conviction===
In a separate proceeding, Sackl pleaded guilty to a charge of giving false testimony in a federal judicial proceeding under section 35 of the Crimes Act 1914 (Cth).<ref>CaseNote AU, "Director of Public Prosecutions v Sackl", https://casenote.au/cases/director-of-public-prosecutions-v-sackl</ref>
On 3 April 2025, the County Court of Victoria imposed a total effective sentence of 18 months' imprisonment. The sentence provided for release after six months, subject to entering into a A$2,000 recognisance to be of good behaviour for three years.<ref>CaseNote AU, "Director of Public Prosecutions v Sackl", https://casenote.au/cases/director-of-public-prosecutions-v-sackl</ref>
The judgment identifies Sackl as the defendant and records that the charge concerned false testimony given during federal judicial proceedings.<ref>CaseNote AU, "Director of Public Prosecutions v Sackl", https://casenote.au/cases/director-of-public-prosecutions-v-sackl</ref>
Contemporary reporting linked the proceedings to a dispute involving financial proceeds from the sale of Young Media and statements made during family-law proceedings.<ref>Herald Sun, "Failed Melbourne businessman lied in court about his finances", 3 April 2025, https://www.heraldsun.com.au/leader/melbourne-city/andrew-sackl-fronts-court-for-giving-false-testimony/news-story/93490221ec76a62b39b611029377e563</ref>
Sackl's biography states that he served six months of the sentence before returning to the development of new business ventures.<ref>James Sackl, "About", https://jamessackl.com.au/about</ref>


==Current ventures==
==Current ventures==
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The publications listed in the archive include USA Today, Business Insider, Yahoo Finance, CEO Today Magazine, LawFuel, Infralogic/ION Analytics and other outlets.<ref>James Sackl, "Press", https://jamessackl.com.au/press</ref>
The publications listed in the archive include USA Today, Business Insider, Yahoo Finance, CEO Today Magazine, LawFuel, Infralogic/ION Analytics and other outlets.<ref>James Sackl, "Press", https://jamessackl.com.au/press</ref>
His career has included commercial ventures as well as regulatory and legal proceedings. ASIC imposed the corporate-management disqualification in 2022, which remained in effect until November 2025. In April 2025, the County Court of Victoria sentenced Sackl after he pleaded guilty to giving false testimony in a federal judicial proceeding.<ref>Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/</ref><ref>CaseNote AU, "Director of Public Prosecutions v Sackl", https://casenote.au/cases/director-of-public-prosecutions-v-sackl</ref>


==External Links==
==External Links==

Revision as of 19:11, 1 October 2026

James Sackl
Birth Place Melbourne, Victoria, Australia
Nationality Australian
Occupation Entrepreneur, founder, writer
Known For Wallace Biotechnologies; Terraform Technologies; Young Media
Website https://jamessackl.com.au/


Andrew James Sackl, professionally known as James Sackl, is an Australian entrepreneur, founder and writer based in Melbourne, Victoria. He is the founder of Wallace Biotechnologies and Terraform Technologies and publishes essays, podcasts and videos under the Golden Age project.[1]

Sackl began his business career in 2007, when he founded Young Media at the age of 21. The business operated as a classified advertising platform aimed at younger audiences and local businesses. His later activities included property, recruitment, migration services, restaurants and other commercial ventures, before his work developed further into biotechnology and technology-related businesses.[2]

Early life and Young Media

Sackl was born and raised in Melbourne, Australia. He subsequently worked in a number of different jobs and began developing his first business after completing school.[3]

In 2007, at the age of 21, Sackl established Young Media. He initially sold advertising opportunities to local businesses before the website had been completed, using the advertising revenue received in advance to help finance the website's development. The company subsequently expanded into other Australian cities and was later sold.[4]

Business career

Following the sale of Young Media, Sackl states that he entered property investment and housing development and later became involved in recruitment and migration services. His biography also records involvement in restaurants and several other businesses.[5]

Between October 2013 and December 2018, Sackl was a director of five companies: Dash Technologies Pty Ltd, Ad Astra Institute Pty Ltd, Karma3 Upcycling Pty Ltd, Sino Resources Group (Aust) Pty Ltd and Universal Personnel Pty Ltd.[6]

ASIC stated that the five companies operated in areas including software development, vocational education, animal-feed production, migration services and employment services.[7]

Agriculture

Sackl was involved in cattle production at Blue Lake Station in South Australia alongside Michael Famularo. In 2017, Blue Lake Station received the South Australian Most Outstanding Beef Producer award at the Meat Standards Australia Excellence in Eating Quality Awards.[8]

The award formed part of the Meat Standards Australia Excellence in Eating Quality Awards, which recognised producers and businesses participating in the MSA program in connection with meat eating quality.[9]

COVID-19 testing business

During the COVID-19 pandemic, Sackl became involved in the development and distribution of diagnostic testing products. In his own account, his business initially obtained distribution rights for an antibody test kit and subsequently worked on an integrated testing pen intended for SARS-CoV-2 testing.[10]

Sackl states that the product was subsequently redesigned as a pen-shaped device incorporating the testing components and buffer fluid in a single format. He also states that the business entered into a supply agreement in 2021 and recorded approximately A$130 million in sales during 2021 and 2022.[11]

The sales figures are reported on Sackl's own website and are therefore presented here as figures stated by him rather than independently verified financial results.

Current ventures

Wallace Biotechnologies

Sackl is the founder of Wallace Biotechnologies, a company whose stated activities involve biotechnology applications connected with human health and the environment.[12]

According to Sackl's website, Wallace Biotechnologies develops technologies intended to apply biological processes to areas associated with human health and environmental applications. The website also identifies Wallace Biotechnologies Health as a healthcare initiative focused on extending human health span.[13]

In 2026, Wallace Biotechnologies received published media coverage relating to autonomous laboratory systems and biological testing technologies. Sackl's website maintains a press archive that includes coverage from Yahoo Finance and other publications.[14]

Terraform Technologies

Sackl is the founder of Terraform Technologies, which describes its work as focusing on solar-powered manufacturing and the production of resources and construction materials.[15]

The company's stated model involves using solar energy for industrial manufacturing and developing systems intended to produce materials on a large scale.[16]

In 2026, Terraform Technologies was the subject of media reports concerning modular solar-powered manufacturing and the production of materials for housing. Sackl's website lists USA Today, Business Insider and other publications among the outlets that have covered the company.[17]

Golden Age

Sackl publishes essays, podcasts and videos under the Golden Age banner.[18]

The project addresses subjects including entrepreneurship, technology, business creation and ideas concerning future-oriented industries. Sackl describes Golden Age as a platform for publishing written and other media aimed particularly at younger people interested in entrepreneurship and company building.[19]

In 2026, his website described Golden Age as a long-form writing project and public archive featuring essays on entrepreneurship, technology, execution and business building.[20]

Public profile

Sackl's public profile includes material concerning his entrepreneurial career, business ventures and technology projects. His website maintains a press archive containing interviews and articles from a range of publications.[21]

The publications listed in the archive include USA Today, Business Insider, Yahoo Finance, CEO Today Magazine, LawFuel, Infralogic/ION Analytics and other outlets.[22]

References

  1. ↑ James Sackl, "About", https://jamessackl.com.au/about
  2. ↑ James Sackl, "About", https://jamessackl.com.au/about
  3. ↑ James Sackl, "About", https://jamessackl.com.au/about
  4. ↑ James Sackl, "About", https://jamessackl.com.au/about
  5. ↑ James Sackl, "About", https://jamessackl.com.au/about
  6. ↑ Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/
  7. ↑ Australian Securities and Investments Commission, "ASIC disqualifies former Victorian director for breaching directors' duties", 23 May 2022, https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-116mr-asic-disqualifies-former-victorian-director-for-breaching-directors-duties/
  8. ↑ Meat & Livestock Australia, "2017 MSA Excellence in Eating Quality Awards", https://www.mla.com.au/marketing-beef-and-lamb/meat-standards-australia/msa-beef/msa-excellence-series/2017-msa-excellence-in-eating-quality-awards/
  9. ↑ Meat & Livestock Australia, "2017 MSA Excellence in Eating Quality Awards", https://www.mla.com.au/marketing-beef-and-lamb/meat-standards-australia/msa-beef/msa-excellence-series/2017-msa-excellence-in-eating-quality-awards/
  10. ↑ James Sackl, "About", https://jamessackl.com.au/about
  11. ↑ James Sackl, "About", https://jamessackl.com.au/about
  12. ↑ James Sackl, "About", https://jamessackl.com.au/about
  13. ↑ James Sackl, "About", https://jamessackl.com.au/about
  14. ↑ James Sackl, "Press", https://jamessackl.com.au/press
  15. ↑ James Sackl, "About", https://jamessackl.com.au/about
  16. ↑ James Sackl, "About", https://jamessackl.com.au/about
  17. ↑ James Sackl, "Press", https://jamessackl.com.au/press
  18. ↑ James Sackl, "About", https://jamessackl.com.au/about
  19. ↑ James Sackl, "About", https://jamessackl.com.au/about
  20. ↑ James Sackl, "Press", https://jamessackl.com.au/press
  21. ↑ James Sackl, "Press", https://jamessackl.com.au/press
  22. ↑ James Sackl, "Press", https://jamessackl.com.au/press