Aust start-up sector lagging

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[1] Prominent players in the startup sector have pointed out that Australia has the chance to become Asia’s hub for hi-tech start-ups, but is losing the race to Singapore.

[2] Treasurer Joe Hockey, in his second budget, showed support for start-ups pointing out the benefits to the Australian economy.

[3] Mr. Ressi, who is visiting Australia for an event organised by entrepreneur group Unstoppables, said that Australia has the same or better environment to grow startups.

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[Source] Australian Information Technology News – Aust start-up sector lagging