Australia's committed investment in resources and energy projects has peaked, the Bureau of Resources and Energy Economics said in a report released on Wednesday.
It forecasts investment to decline over the next five years as a result of fewer high value projects progressing through the investment pipeline to offset the completion of the LNG projects that are currently under construction.
According to estimates, around A$150 billion of high value projects have been delayed or canceled since April 2012, while cost increases to committed projects currently account for 11 percent of the stock of committed investment.
Australia can generate higher level of investment if projects which are rated currently as "possible" progress through the committed stage over the next five years, said Professor Quentin Grafton, executive director and chief economist at BREE.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.