PolicyChanticleerChanticleerData centre GDP boost can’t mask our stagflation problemThe staggering $8.7 billion data-centre boom is keeping Australia’s head above water, but beneath it lies a painful reality that could become even worse.Thank goodness for the robots.The unmissable headline story of Wednesday’s national accounts is the stunning boom in capital expenditure in the IT sector, where the acceleration of the data centre boom had a staggering $8.7 billion invested in the March quarter, up 96.1 per cent.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In EconomyFetching latest articlesMost Viewed In Chanticleer
Data centre GDP boost can’t mask our stagflation problem
The staggering $8.7 billion data-centre boom is keeping Australia’s head above water, but beneath it lies a painful reality that could become even worse.
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