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  • Essay / Youth unemployment and youth unemployment - 2211

    This is explained in particular by the access of Australian companies to financing, which, although not as easy as that of the United States for example, remains fifth among G20 countries. The country comes second in education and training, and half of those surveyed by EY said they had seen an improvement over the last year in entrepreneur-specific courses at universities and business schools . When it comes to taxation and regulation to encourage entrepreneurship, Australia comes eighth and 15th for coordinated support. The report shows it takes just two days to set up a business in Australia, compared to the G20 average of 22 days. However, improvements still need to be made. 69 percent think students need access to specific training to become entrepreneurs, a reversal of sentiment from 2011, when 64 percent said they didn't think training was necessary. And as investment in the mining sector declines in Australia, successful entrepreneurial businesses will be more important than ever to future job creation and Australia's sustainability.