Many things happening globally in today's world are based on a simple principle of "cause and effect". While the underlying principle is simple, much of the simplicity stops there.
Australia has been trending as a place not to be for start-ups. Living in Australia and being involved in the innovative start-up space, it is saddening to see such a trend occurring in our own backyards.
The Australian economy has not been in great shape as of late, with many industries struggling to keep afloat. Retail seems to be one of the worst hit. Constant rate-cuts and the newly introduced income tax cut are just measures the government are trying to put in place to stimulate the very much stagnated domestic economy.