Why we're wrong about our productivity problem

Business investment shapes the future of productivity, from machines and software to buildings and infrastructure. Sean Aylmer speaks with Westpac Chief Economist Luci Ellis about how business investment has tracked over the past year and what’s driving the next phase. Luci explains why confidence and demand matter so much, what’s happening beyond the volatile mining sector, and why data centres and cloud computing are about efficiency as much as AI. This episode is brought to you by Westpac. Fear & Greed's summer series - all-new short episodes every day, with regular news back from January 12.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.