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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 leggendo3 mesi 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.

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theage.com.au3 mesi 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.

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

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

AI revolution and consumer spending give economy a lift

Timeline cronologica

Data centre investment rivals mining boom

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

Economic growth slows to 2.5pc as rates start to bite

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

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