New tax breaks are luring entrepreneurs from overseas as well as making start-ups more appealing to wealthy locals, venture capital groups say.
Birch Finance, which demystifies hundreds of credit cards and rewards to help people pick the best for them, relocated from Florida, USA, to Sydney partly because of the juicy new tax breaks, said Ben Heap, co-founder of fintech incubator H2 Ventures.
Image: Ben Heap (left), pictured with his brother, Toby (right), says more foreign entrepreneurs will be attracted to Australia Peter Braig
