Conclusion A common global theme in the post-crisis environment has been the lack of investment. I have presented three points around that in the Australian context. First, there has not been a lack of investment in Australia over the past decade. Indeed, it has been close to the opposite, with investment reaching a multi-decade peak.
Second, the strength of investment spending in Australia has been clearly associated with the mining industry and the spillovers (both positive and negative) of that to investment in other parts of the economy have been greater than we thought  ex ante.