The early stage technology industry in Australia and New Zealand looks strong judging from the more than 500 attendees at the ANZA/Southern Cross Venture Partners "Success in the US" tour of Australia and New Zealand in March. See more details here.
I was in Australia at the same time for the Australasian Cleantech Forum, so I could not attend the ANZA event. Nonetheless, I can report that my two weeks in Australia confirmed the level of innovation and desire to take on global markets.
I hope to see plenty of Aussie and Kiwi entrepreneurs heading to Silicon Valley soon.