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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 centres.

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AI · summaries

smh.com.auStai leggendo1 g fa

Rates may hold for rest of year as Australians struggle under rising costs

RBA holds rates 2026 as discretionary spending stalls (0.1%); NSW/Victoria AI data centre capex surge dwarfs 2010s mining peak. For tech leaders: imported data centre infrastructure becomes competitive asset, reshaping capex strategy and Asia-Pacific positioning.

originale

theage.com.au1 g fa

AI revolution and consumer spending give economy a lift

Australia's Q1 2026 GDP +0.3%, sustained by consumer spending (+0.5%) and 30-year-high data centre capex for AI. Enterprise race for AI infrastructure accelerating; Australian capex surge mirrors global competition for compute dominance among tech leaders.

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afr.com1 g fa

Economic growth slows to 2.5pc as rates start to bite

Australia's Q1 growth slowed to 0.3% from 0.9%, missing the 0.5% forecast, as Middle East tensions and interest rate hikes bite. Housing sector contraction threatens further slowdown; IT budgets will tighten and digital transformation investments face delay across Asia-Pacific.

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abc.net.au1 g fa

Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins

Australia's economy slowed to 0.3% quarterly growth in Q1 2026, down from 0.9%, following RBA rate hikes and fuel cost spikes. RBA forecasts further slowdown (1.9% annual); potential Q2 contraction threatens venture funding and IT budget growth in APAC.

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Rates may hold for rest of year as Australians struggle under rising costs

Confronto fonti

Rates may hold for rest of year as Australians struggle under rising costs

AI revolution and consumer spending give economy a lift

Economic growth slows to 2.5pc as rates start to bite

Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins

Timeline cronologica

Data centre investment rivals mining boom

ASX gains on rate optimism; Mining, energy stocks jump, Bitcoin tumbles

Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins

Economic growth slows to 2.5pc as rates start to bite

Rates may hold for rest of year as Australians struggle under rising costs

AI revolution and consumer spending give economy a lift

Data centre GDP boost can’t mask our stagflation problem

Australia's economic slowdown is just beginning, the experts warn

Rates may hold for rest of year as Australians struggle under rising costs

Confronto fonti

Rates may hold for rest of year as Australians struggle under rising costs

AI revolution and consumer spending give economy a lift

Economic growth slows to 2.5pc as rates start to bite

Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins

Timeline cronologica

Data centre investment rivals mining boom

ASX gains on rate optimism; Mining, energy stocks jump, Bitcoin tumbles

Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins

Economic growth slows to 2.5pc as rates start to bite

Rates may hold for rest of year as Australians struggle under rising costs

AI revolution and consumer spending give economy a lift

Data centre GDP boost can’t mask our stagflation problem

Australia's economic slowdown is just beginning, the experts warn