Australia is still lagging behind other developed countries in investment in tech start-up ventures, with a fall in matching government funding as well as under-investment by the private sector.
Australia is becoming a hot place for tech startups. One you are likely to hear more of is Maestrano.
New Zealand-based, listed global accounting software provider Xero has secured NZ$147 million in funding which it will use to drive growth internationally, particularly in the US and UK markets.
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