This week, the StartupAUS Crossroads report underlined the pressing need to fix our start-up eco-system, or risk losing out on the huge opportunity presented by high growth technology companies such as Atlassian, Freelancer and 99designs.
We know Australia’s economy is far too reliant on our all-too-finite resources and tourism industries. These are plagued by fluctuating commodity prices and currencies, and weather -- factors that we have little positive control over. High-growth tech start-ups could account for $US109 billion and 540,000 new jobs by 2033. To say it is a huge opportunity is an understatement.