Innovate or die!

REA Group's Greg Ellis says it’s time to stop waiting for government bailouts and to start getting creative with technology.

REA Group chief executive Greg Ellis is clearly unimpressed with companies who complain that the booming internet has destroyed their business and expect the government to rescue their obsolete business models.

"I must say, just as an Australian, only an Australian could complain about a boom," Ellis told the American Chamber of Commerce in Australia in Sydney yesterday.

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