Will the $155b data centre boom pay off for us all?
Australia's data centre investment pipeline has reached $155 billion, potentially rivaling past commodity booms. Assistant Minister Dr. Andrew Charlton noted that while this surge may create jobs and boost business investment, the economic benefits may be less substantial than they appear, with most technology purchases made overseas. The government hopes data centres will enhance local AI productivity.
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Published 28 Jun 2026, 19:15 UTC · Updated 28 Jun 2026, 19:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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