It’s a story heard time and again from start-ups across Australia since the global financial downturn – the banks simply aren’t lending money to help businesses get up and running.
Ireland is the latest nation to appeal to foreign entrepreneurs to do business in the region, in a desperate bid to boost employment, following similar initiatives in the United States and Britain.
Companies looking to do business in the United Kingdom shouldn’t expect any short-term gains, an economist says, despite the Australian dollar hitting a 27-year high against the British pound.
The Federal Government has been urged to do more to spur start-up investment, following the unveiling of a UK government initiative that gives a huge tax break to venture capitalists.
Rupert Murdoch has pulled the plug on the attempted takeover of UK broadcaster BSkyB in the wake of the phone hacking scandal that has engulfed his media empire.
The Australian Federal Government says it is unlikely to adopt an initiative like the Red Tape Challenge, a high profile blitz on regulation that has just been rolled out in the UK.
We looked on in a mixture of wonder and envy last week as the UK Government launched StartUp Britain, a scheme aimed at propelling wannabe Richard Bransons into business.
It’s official: Australia is the second easiest place in the world to start a business, according to the World Bank.