Can Australia Become Asia-Pacific's AI Hub?

John O'Mahony from Deloitte Access Economics discusses Australia's sliding-doors moment to become Asia-Pacific's AI hub. A data-center boom rivaling the mining investment supercycle is underway, driven by hyperscaler demand. Australia offers land, renewable energy potential, and talent, but faces risks from approval delays, NIMBYism, and regional competition. Government policy support and a broader AI ecosystem are key to securing the opportunity. - Australia is experiencing a data-center investment boom with quarterly capex exceeding $10B USD. - Strengths include land availability, renewable energy, AI talent, and government Data Center Principles. - Key risks: approval delays, community opposition (NIMBYism), and competition from Singapore, Malaysia, Japan, India. - The boom could be as transformative as the mining boom, but timing and policy execution are critical. - Renewable energy transition may be accelerated by long-term data-center power purchase agreements. - The discussion follows news that Anthropic is planning a major AI training presence in Australia.