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AAP
AAP
Business
Andrew Brown

Renewables growth energises spending as inflation rises

Spending on renewable energy projects helped pump up capital expenditure in 2025. (Mick Tsikas/AAP PHOTOS)

Growth in the renewable-energy sector has led to a rise in private spending as the treasurer flags his upcoming budget will be ambitious despite pressure to slow inflation.

Capital expenditure rose 0.4 per cent in the December quarter and 7.8 per cent on the same period in 2024, according to data released by the Australian Bureau of Statistics on Thursday.

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