Australia Falling Behind on Tech Start-ups

Non for profit organisation, StartUp AUS says technological progress in Australia is too slow as we are struggling to keep up with the sector that is rapidly developing overseas.

In the new report titled ‘Crossroads 2015: an action plan to develop vibrant tech start-up ecosystem in Australia”. StartUpAUS claims Australia needs to invest to support high-growth technology-based businesses and that Australia’s investment in innovation and the tech start-up sector is modest compared to both the automotive and mining industries.

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