GgoogleAU first seen 7 d ago, last 6 d ago, peak #3

Construction boom strains capacity, complicating RBA inflation task

Original: australia construction boom inflation rba

Australia is experiencing a construction surge that economists compare to the 2000s mining boom, with data centre projects now outpacing that era's demand for labour and materials. The problem is scant spare capacity: builders cannot expand fast enough, so costs keep rising. That sustained price pressure is feeding into inflation figures and complicating the Reserve Bank's task of deciding how long to keep interest rates elevated.

Why now: Capacity constraints in the construction boom are keeping inflation elevated, raising fresh questions about when the RBA can cut rates

Reserve Bank of AustraliaAustraliaThe New Daily

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• Scant capacity as data centres outpace 2000s mining boom · The New Daily

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