Data centres are eating the economy

Data centres are eating the economy

Recent earnings from some of the world’s largest tech companies reveal the eye-watering scale of their AI infrastructure spending. The four largest hyperscalers – Google, Microsoft, Meta, and Amazon – are set to spend $700 billion on AI capital expenditure this year alone. By 2030, total global spending on data centres is expected to reach $5.2 ...
Glass half full

Glass half full

Twelve months ago, in the glow of his government’s landslide re-election, an exultant Anthony Albanese made the case for Australian exceptionalism. “Today, the Australian people have voted for Australian values,” he said. “For fairness, aspiration and opportunity for all. For the strength to show courage in adversity and kindness to
NSW agencies unfairly audited COVID support recipients

NSW agencies unfairly audited COVID support recipients

NSW government agencies unfairly subjected small businesses to compliance audits, according to the state’s ombud. The NSW ombud investigation into Service NSW (SNSW) and Revenue NSW (RNSW) found that the agencies were using audits as an “after-the-fact eligibility assessment”. The NSW Business Grant, JobSaver payment, and Micro-business Grant delivered ...

Data centres are eating the economy

Data centres are eating the economy
Recent earnings from some of the world’s largest tech companies reveal the eye-watering scale of their AI infrastructure spending. The four largest hyperscalers – Google, Microsoft, Meta, and Amazon – are set to spend $700 billion on AI capital expenditure this year alone. By 2030, total global spending on data centres is expected to reach $5.2 ...

Glass half full

Glass half full
Twelve months ago, in the glow of his government’s landslide re-election, an exultant Anthony Albanese made the case for Australian exceptionalism. “Today, the Australian people have voted for Australian values,” he said. “For fairness, aspiration and opportunity for all. For the strength to show courage in adversity and kindness to

NSW agencies unfairly audited COVID support recipients

NSW agencies unfairly audited COVID support recipients
NSW government agencies unfairly subjected small businesses to compliance audits, according to the state’s ombud. The NSW ombud investigation into Service NSW (SNSW) and Revenue NSW (RNSW) found that the agencies were using audits as an “after-the-fact eligibility assessment”. The NSW Business Grant, JobSaver payment, and Micro-business Grant delivered ...