August 31, 2026 — 10:30pm

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The boom in AI-related data centres across the country could push up interest rates as companies compete against each other and governments for workers and resources, new Treasury analysis reveals, showing an improvement in Australians’ living standards will depend on the technology.

The work, which will form part of the upcoming federal intergenerational report, finds the $US1 trillion ($1.39 trillion) effort by tech companies to build data centres just as governments ramp up their spending on everything from…

Read the full article at SMH.COM.AU