Australia’s private new capital expenditure rose 6.5 per cent in the March 2026 quarter, 14.6 per cent above the same period a year earlier, the Australian Bureau of Statistics (ABS) said. The increase was mainly driven by investment in data‑centre equipment such as server racks and processing units, following a similar surge in September 2025. Non‑mining business investment grew 8.8 per cent, while mining activity was unchanged. Information media and telecommunications recorded the largest industry rise, up 96.1 per cent to a record level. Building and structure capex fell 3.8 per cent, but data‑centre construction grew 12.6 per cent for a seventh straight quarter. Businesses raised expected capex for 2025‑26 by 4.5 per cent and for 2026‑27 by 9.9 per cent, driven by continued data‑centre investment.
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This article is a summary of content originally published by the Australian Bureau of Statistics.
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