There are plenty of smaller nations with booming tech industries, Australia lacks government investment and natural accelerators and incubators which are especially needed in this case due to it's very high COL and COB.
I don't think it's necessarily true that the government doesn't support startups. Programs like the R&D Tax Incentive (cash back on R&D spent, including local developers) and Export Market Development Grant (refund up to 50% of overseas marketing costs) are very useful to small businesses. That said, I don't think the government does a good job
Disclaimer: I work for PwC's Nifty Forms team, which helps SMBs in Australia with these programs.
