According to Deloitte, Australia’s innovation future is under threat, due to the many high-growth start-ups, or ‘gazelles’, being lured overseas. They are attracted by favourable incentives, opportunities to network with like-minded gazelles and potential investors, as well as profile-building opportunities in innovation hotspots around the world.
Deloitte has asserted that Australia needs to do more to incentivise start-up companies, in order to prevent talented people and business potential from leaving the country.