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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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3 prospettive sulla stessa storiaTimeline cronologica
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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…
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afr.com
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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theguardian.com
Jim Chalmers is putting a positive spin on the economy, but is Australia’s outlook grim?
The economy was slowing even before the Middle East conflict and interest rate hikes started to bite, while the boom in datacentres was a rare bright spot
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Australia’s GDP figures are meaningless when the boom in datacentres means destroying jobs and the climate | Greg Jericho
In the March quarter Australia’s economy grew 0.3%. But the real issue is what drove that growth