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International prosperity index sees Australia plummet to #15 for entrepreneurship and innovation

The Prosperity Index, dubbed the world’s only global assessment of wealth and wellbeing, ranked Australia in the top 10 for categories including economic fundamentals, democratic institutions, education, health, safety and security, personal freedom, governance and social. However, Australia fell to 15th place for entrepreneurship and innovation (page 26 of the report). Despite recent economic woes, the US and UK took the top two spots in that category.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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