Australia's investment growth was boosted by record Q1 data center spending of $6.2B, up ~2x QoQ, supporting an economy strained by energy costs and high rates (James Mayger/Bloomberg)
Techmeme [Unofficial]
May 28, 2026
James Mayger / Bloomberg: Australia's investment growth was boosted by record Q1 data center spending of $6.2B, up ~2x QoQ, supporting an economy strained by energy costs and high rates — Record investment in data centers in Australia is providing much-needed support for the economy that's feeling the strain …
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