Victoria's economy grows just 1% as data centre investments rise
Victoria's economy, facing rising unemployment and slower growth, is increasingly supported by volatile data centre investments. The state expects only 1 percent growth this financial year, down from 1.5 percent, while unemployment is predicted at 5.25 percent. Community concerns and regulatory challenges may impact the future of data centre development amid the upcoming election.
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Published 12 Nov 2026, 01:09 UTC · Updated 12 Nov 2026, 01:10 UTC
Summary by OZbrief Editorial. Original report: The Age. Editorial policy · Corrections
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