# Australia Bets on AI to Spur Economic Growth for Decades

https://mins.news/en/video/68380

- Bloomberg Television, 2026-09-22 04:06 UTC
- Economy
- Original: https://www.youtube.com/watch?v=yi3Q3bpTnl8

> Australia is counting on artificial intelligence to drive economic growth over the next 40 years. A Treasury intergenerational report says AI could help meet a long-term labor productivity target of 1.2% annually, while data-center spending could reach $150 billion by 2030. ANZ chief economist Richard Yetsenga discusses the implications for the country’s growth outlook.

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