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Editor's Note

Monday 27 August

By Oliver Milman
Monday, 27 August 2012

Last week saw plenty of political blustering over whether the mining boom has ended or not.

 

For start-ups, it’s more instructive to look at the industries that are to emerge in the coming years as the resources sector slows. Today, we show the results of a new report that outlines the winners and losers in post-boom Australia.

When starting up a business, your budget typically goes out of the window after the first dollar you spend.

But while starting up will probably cost you a lot more – and take you far longer – than you first anticipated, this isn’t necessarily a bad thing.

Tony Hall and Nicholas Bernhardt say they unexpectedly spent “hundreds of thousands of dollars” on the system behind their environmental certification business GreenBizCheck.

But the initial pain of investment paid off, as they explain today.

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