Australia's Capital Expenditure Falls as Data Centre Investment Slows

Australia's second-quarter capital expenditure fell 3.6 percent as a cooling demand for data centres reduced overall business investment. The decline marks a notable shift from the previous year's infrastructure boom.

27 Aug, 02:46 — 27 Aug, 02:46

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bloombergHigh2h ago

Australia’s Capex Drops as Data Center Spending Hits Air Pocket

Australian businesses pulled back on investment in the three months through June, with a decline in spending on data centers at the heart of that slowdown.

By James Mayger

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First report: investing-com · 27 Aug, 02:01|Full coverage: 2 · 46m|Window: 46m

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investing-com27 Aug, 02:01First to report

Australia Q2 business investment falls 3.6% as data centre rush fades

bloomberg27 Aug, 02:46Latest update

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Australia's Capital Expenditure Falls as Data Centre Investment Slows

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Australia’s Capex Drops as Data Center Spending Hits Air Pocket

Coverage Timeline

Australia Q2 business investment falls 3.6% as data centre rush fades

Australia’s Capex Drops as Data Center Spending Hits Air Pocket

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