Labor’s investment boom survives a data-centre hangover
Private capital expenditure fell in June, but the headline masks strong annual growth, rising investment intentions and an extraordinary data-centre investment cycle.
Topic
Australian Economy
A collection of 29 issues
Mining’s skills problem is unusually specialised
New ABS data shows that mining’s workforce problem is not simply a shortage of labour. Among mining businesses experiencing skill shortages, 77.3% say specialist skills or knowledge are required — the highest proportion of any industry.
Three (blunt) politically relevant messages from the latest RBA Minutes
The latest RBA Minutes contain three unusually clear political messages on interest rates, Australia’s productivity problem and the weakening housing market.