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AI revolution and consumer spending give economy a lift
Private business investment jumped by 6 per cent in the March quarter, driven by a 30-year-high increase in machinery and equipment, much of which is used to build data centres.
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afr.com
Data centre investment rivals mining boom
Business investment growth hit 6.5 per cent in the March quarter – a rate last seen in the mining boom – far exceeding expectations of about 1 per cent.
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theage.com.au
AI revolution and consumer spending give economy a lift
Private business investment jumped by 6 per cent in the March quarter, driven by a 30-year-high increase in machinery and equipment, much of which is used to build data centres.
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smh.com.au
Rates may hold for rest of year as Australians struggle under rising costs
Private business investment also jumped by 6 per cent in the March quarter, driven by a 30-year-high increase in machinery and equipment, much of which is used to build data…