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Technology

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boyo

Mark Ella (57)
Don't shove us off the life raft, start-ups squeal at federal budget cuts
http://www.smh.com.au/it-pro/busine...al-at-federal-budget-cuts-20140514-zrc5r.html

"Short-sighted savings that represent a shove off the life raft for high tech hopefuls whose bright idea might become the next Facebook or Freelancer.com."

"Ingogo founder Hamish Petrie said scrapping the program represents short term thinking by the government and will leave a funding gap that cash strapped start-ups like The Best Day will struggle to bridge.
"If we want to diversify Australia away from digging dirt out of the ground, it is essential to help foster the start-up eco-system, otherwise Australian consumers will be paying more and more of their income away to foreign technology companies, many of whom pay very little tax here," Petrie said."
 
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