I’m dismayed that Australia isn’t doing more to foster local fabs.
Their massive import/export taxes on anything related to technology basically kills any of those types of ideas, unfortunately.
Australia has some of the lowest import / export tariffs in the world. I.E. they’re generally zero or close to.
Tariffs, yes. Taxes, no. Simply comparing the cost of technology-based goods between AUS and USA/CAN - or worse, digital-based items - shows why Australia is not an attractive place for technology companies.