Aug 27, 2026 (The Australian - ABIX via COMTEX) --
New data shows that private capital expenditure fell by 3.6 per cent in the June quarter; capital expenditure in the mining sector rose by 1.5 per cent, while non-mining investment fell by 5.3 per cent. Goldman Sachs' chief economist Andrew Boak says firm now expects GPD growth of zero for the June quarter, based on the latest capital investment figures and recently-released construction spending data. Meanwhile, the Productivity Commission's former chairman Gary Banks has described the federal government's economic policies as "anti-productivity"; this includes its budget tax changes and its renewable energy agenda..
Publication Date: 28 August 2026
GOLDMAN SACHS AUSTRALIA GROUP HOLDINGS PTY LTD
AUSTRALIA. PRODUCTIVITY COMMISSION
COMTEX_491577132/2229/2026-08-27T22:54:46
By Matthew Cranston and Thomas Henry
Copyright 2026 Roy Morgan Research. All Rights Reserved.
