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6/11/2025, 12:47:57 PM
>>105556808
>Why doesn't Australia have a good software or tech industry?
Australia's challenges stem primarily from its small, isolated domestic market combined with the historical dominance and success of the resource sector, which shaped investment patterns, skills, and economic priorities. High costs, distance, and competition make large-scale traditional manufacturing difficult. For tech, overcoming the brain drain, developing deeper capital markets, and achieving critical mass in the ecosystem remain key hurdles. While progress is being made, replicating the scale of industries in vastly larger or more centrally located economies like the US is structurally very difficult. The path forward lies in specialized, high-value niches that leverage Australia's unique strengths and world-class research capabilities.
>Why doesn't Australia have a good software or tech industry?
Australia's challenges stem primarily from its small, isolated domestic market combined with the historical dominance and success of the resource sector, which shaped investment patterns, skills, and economic priorities. High costs, distance, and competition make large-scale traditional manufacturing difficult. For tech, overcoming the brain drain, developing deeper capital markets, and achieving critical mass in the ecosystem remain key hurdles. While progress is being made, replicating the scale of industries in vastly larger or more centrally located economies like the US is structurally very difficult. The path forward lies in specialized, high-value niches that leverage Australia's unique strengths and world-class research capabilities.
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