Australia
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Deals
Australia faces a potential 200,000 dwelling shortfall in new home building targets by 2029
Despite interest rate rises and tax uncertainty cooling the market, Australia's population growth continues to outstrip housing supply. Forecasts indicate a significant gap between current delivery rates and government goals.
Technology
AI adoption in Australia projected to reach 80% by 2025, driving $60 billion data centre boom
Oxford Economics predicts Australian AI adoption will jump from 30% to 80% within a decade, sparking massive infrastructure investment. Meanwhile, Kenya launched the NBO2 data centre to solidify its position as East Africa's digital hub.
Markets
Australian shares rise as energy stocks rally
Market data shows Australian equity prices increased, driven specifically by gains in the energy sector.
Top Stories
Business
Ford commits to expanding coverage to 60% of the Australian market within three years
Technology
Nvidia targets 2 gigawatts of AI capacity in Australia by 2027
Business
Golden Dragon Mining reports 6.98 g/t gold at Behring Bore and 59.2 g/t at Coodardy in WA
Business