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To put it into perspective Australia's population is 23.13 million. Most people live near or around the main capital cities. Flipping the coin on the other side
by hackits 10y ago
To put it into perspective Australia's population is 23.13 million. Most people live near or around the main capital cities. Flipping the coin on the other side when looking at the population for some American States/districts California (38 million), Texas (26 Million), Florida (19 Million) it's pretty easy to see why Aussie market is so much smaller.
- dogma1138 10y agoThere are plenty of smaller nations with booming tech industries, Australia lacks government investment and natural accelerators and incubators which are especially needed in this case due to it's very high COL and COB.
- JimmyAustin 10y agoI don't think it's necessarily true that the government doesn't support startups. Programs like the R&D Tax Incentive (cash back on R&D spent, including local developers) and Export Market Development Grant (refund up to 50% of overseas marketing costs) are very useful to small businesses. That said, I don't think the government does a good job Disclaimer: I work for PwC's Nifty Forms team, which helps SMBs in Australia with these programs.