Overview
- Deloitte figures show businesses have planned or started almost $52 billion in data centres, up from $23 billion six months ago.
- Deloitte’s Sheraan Underwood says access to reliable electricity is the key constraint confronting developers.
- Most projects remain in planning, so the enlarged pipeline has not yet produced a sustained lift in construction activity.
- Flagship proposals in Sydney include a $5 billion Mamre Road campus and a $3.1 billion Marsden Park facility.
- Machinery and equipment spending by IT firms has hit record levels, and the RBA noted data-centre growth helped push private demand above forecasts in H2 2025.