Reserve Bank of Australia raises GDP outlook to 1.8%
The Reserve Bank of Australia upgraded its economic growth forecasts in its August statement on monetary policy due to a surge in data centre investments.

Founder and CEO of Grafa, leading the company's vision to democratise financial data and empower investors with innovative tools.
The Reserve Bank of Australia upgraded its economic growth forecasts in its August statement on monetary policy due to a surge in data centre investments.
Wall Street investors are increasingly questioning the risks tied to data centre financing as borrowing and infrastructure spending rise.
TruScreen Group (ASX:TRU) appointed new distributors across Nigeria, Ghana, Côte d'Ivoire, and Rwanda to support public cancer screening programmes.
Sparc Technologies (ASX:SPN) joint venture Sparc Hydrogen has signed a technology collaboration agreement with SunHydrogen to test solar-to-hydrogen modules.
Harry Yeh, a cryptocurrency investor and founder of Quantum Fintech Group, died after a fall in Paraguay, according to reports.
Strategy sold US$108.6 million of Bitcoin (CRYPTO:BTC) to help fund a buyback of its STRC preferred shares.
Minbos Resources (ASX:MNB) expanded its previously announced $4 million placement by an extra $2 to achieve total funding of $6 million.
Hong Kong police arrested 12 people over an alleged crypto-linked rental scam that reportedly targeted victims through fake property listings.
Centuria Industrial REIT (ASX:CIP) reported a 4% increase in annual funds from operations to $114.1 million.
Ethereum (CRYPTO:ETH) staking reached a record level, even as the cryptocurrency’s price remained below its recent highs.