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Nation’s lack of smart money hurts technology markets

Investors look at a high-tech like gorillas at alarm clocks

Australian investors aren’t too bright, according to one of the beacons of the Prime Minister’s ideas boom. Peter Rowland is the founder of medical device maker Micro-X, which listed on the ASX in December after being backed by billionaire investor Alex Waislitz’s Thorney Group and raising $20 million.