Australia doesn't have entrepreneurship because historically there has been almost risk free return from real estate investment. Also corporates here have no pr

Australia doesn't have entrepreneurship because historically there has been almost risk free return from real estate investment. Also corporates here have no preference to higher degrees or MBAs, experience trumps education as a general rule. Due to small population and market you can't grow a SaaS business here. But I don't agree to “Australian companies are far less digitally advanced than their global competitors ". Compared to India where I know the ground reality and what I read for US/Japan/Germany we are well ahead here. I can buy $1m property sitting at home online completely paperless, I can pay tax online, open bank account online. Australians are digital savvy. Almost 60% of mobile users here have an Apple iPhone. Big corporate bring features in their apps to iPhones first due to the market share but also because iPhone users spends more. We love using digital services, except perhaps the pensioner cohort.