Aussie houses and households terminated
Data centre capex is driving the private business investment outlook mad. The third estimate from the ABS for 2026/27 jumped over $25bn, or 1% of GDP. We haven’t seen numbers like these since the China boom. But it’s not mining this time, though it firmed nicely from Estimate 2. It’s data centres that have ripped. The post Aussie houses and households terminated appeared first on MacroBusiness .
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.