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Perth the capital city of western australia has a burgeoning startup scene that reflects the citys rich history of entrepreneurship and technological innovation the city located on the west coast of australia has a population of over 2 million people and is known for its stunning natural beauty including pristine beaches and a vibrant arts and cultural scene perths startup scene has been growing rapidly in recent years with new companies being founded at a steady pace the citys focus on innovation and technology along with its supportive ecosystem and entrepreneurial spirit has made it an attractive destination for startups and investors several notable companies have been founded in the area including canva an online design and publishing platform valued at over 40 billion and hivery a technology company that uses artificial intelligence to optimize retail shelf space as for economics the living wage in perth is around 1265 per week which is higher than the national average in australia the unemployment rate in the city is currently at around 48 which is lower than the national average however like many startup scenes perth faces some challenges the citys relatively isolated location coupled with its high cost of living make it difficult to attract talent and investment from other parts of the world despite these challenges however perths startup scene is doing very well thanks to the citys unique combination of entrepreneurial spirit intent on technological innovation and supportive ecosystem
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