Perth is rolling in money - that's where the mining industry has boomed, dragging the Australian dollar up with it. It's remote, but that doesn't mean it's poor.
Unlikely, given that London is rolling in money, and that Greater London is ten times the size of Greater Perth. Though I really couldn't tell you what the VC culture is like there, because I don't move in those circles :) I have seen a few decent techs coming to Melbourne with places in WA on their resume though.
There is a PHENOMENAL amount of money out in Perth. It may be small, but some of the wealthiest in the world (and the world's wealthiest woman) live there.
Largely due to mining, Australia's average wage is around $70k but our median wage is around $45k. Pretty crazy.
It's a similar atmosphere to Texas oil culture (I hear, anyway). Lots of secessionists saying Western Australia is keeping the country afloat. This is somewhat true (but not entirely), and they tend to forget 20 years ago WA was a shitheap with nothing going for it.
Yeah, that's basically what I was getting at with my comparison as the London VC culture as that isn't greatly interested in stuff that doesn't involve high frequency trading, forex, markets, and anything that basically processes money and transactions.
