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Moving from commodity based, bricks and mortar investment focus to an abstract, information industry innovating mindset is a huge paradigm shift for most Australians. It has unfortunately been popular mantra that banking, real-estate, commodities or finance-oriented (to fund commodity) business is the bread and butter for a happy, future-proof life and not easy to break. Many people have done well under that mantra, by island standards. To put it another way, as a country of very few people, those with the power to control the narrative can, and do so, in servicing that agenda. It's shameful. John Howard's pontifications of Australia 'punching above its weight' were a painful misrepresentation and yet many continue to buy into such impoverished thinking.



Different countries can be good at different things.




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