Aussie gaming industry shrinks 50% in 3 years

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Aussie dev industry shrinks 50% in 3 years - News at GameSpot
"The business model for the Australian games industry has been thrown out the window--no one works for hire any more," Brow said. "Our industry has gone downhill for a number of reasons, but mostly, in my opinion, because we didn't invest enough into developing our own IP. So when big overseas publishers turned around and said they had no more games to make, because they were giving the work to their internal teams or to countries like Canada and China, the Aussie development industry was hit hard. The strong Australian dollar also had a lot to do with it--it just wouldn't make business sense to invest money in Australia when the dollar is equal with the US dollar. Of course, there's also that quiet, underlying question: Is the product coming out of Australia good enough? Most people would say no"
bad news for cricket i guess
 

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