Small businesses are being affected disproportionately by state taxes, according to the State Business Tax Calculator released by the Institute of Public Affairs today.
Canberra Population: 358,000 Start-up survival rate: 71.7% (2007 to 2009). If Australian entrepreneurs are asked to think about the best start-up hubs in the country, it’s safe to say Canberra doesn’t immediately spring to mind.
Five Canberra-based start-ups have received $170,000 in government grants to develop their products and services, but a local player says Canberra’s start-up scene still has a long way to go.
A tech expert says app developers should be wary about development apps based on government-owned information after university students who offered to build a free bus service app for the ACT government were snubbed when the government put the project up for tender, allocating $12.5 million for project.
Three Australian governments have handed down their budgets for 2011-2012, with some states and territories faring better than others as payroll tax and business innovation emerge as hot topics.
Virgin Mobile has followed the lead of NAB by urging rivals’ customers to ‘hang up’ on their current providers.