Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
1345.4 - SA Stats, Oct 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/10/2007   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

Image: Investment


INVESTMENT


PRIVATE NEW CAPITAL EXPENDITURE

Between the March 2007 and the June 2007 quarters, the South Australian chain volume (trend) estimate of private new capital expenditure increased by 0.9% to $1,248m. Expenditure on equipment, plant and machinery decreased by $11m (or 1.5%) to $740m, while expenditure on buildings and structures increased by $22m (or 4.5%) to $508m. For the same period, private new capital expenditure for Australia increased by 5.3% to $20,685, with both expenditure on buildings and structures and equipment, plant and machinery increasing (by 5.9% and 4.5% respectively).

Comparing the June 2007 quarter with the June 2006 quarter, South Australia's total private new capital expenditure increased by 8.1%. Expenditure on equipment, plant and machinery decreased by 4.9%; expenditure on buildings and structures grew by 21.8%. Nationally, total private new capital expenditure increased by 11.8% for this twelve month period; expenditure on buildings and structures increased by 15.6%, and equipment, plant and machinery increased by 8.9%.

PRIVATE NEW CAPITAL EXPENDITURE, Trend,
Chain volume measures, South Australia
Graph: Private new capital expenditure, trend, chain volume measures, South Australia
Source: Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0)


MINERAL AND PETROLEUM EXPLORATION EXPENDITURE

Since the March quarter 2005, when continuous data on mineral exploration by mineral type in South Australia became available, South Australian expenditure (in original terms) on non-petroleum mineral exploration has increased six-fold, from $14.0m to $84.1m in the June 2007 quarter. Over the same period, Australian expenditure on non-petroleum mineral exploration has more than doubled from $225.8m to $502.5m.

The South Australian increase is reflected in both exploration of new deposits (up from $2.6m to $24.3m), and exploration of existing deposits ($11.4m to $59.7m).

The main mineral types attracting the growth in South Australian mineral exploration were base metals (increasing from $7.6m to $45.4m), copper (from $6.9m to $40.8m) and Uranium (from $2.5m to $22.4m).

Petroleum exploration expenditure data for South Australia are only available on a continuous basis from the March 2005 quarter. The June 2007 quarter expenditure on petroleum exploration in South Australia ($48.6m) was almost five times that of the March quarter 2005 ($9.8m). Nationally, expenditure on petroleum exploration increased from $269.2m in the March quarter 2005 to $732.1m in the June 2007 quarter (an almost three-fold increase). Expenditure on petroleum exploration in the June 2007 quarter was the highest recorded for both South Australia and Australia.

MINERAL AND PETROLEUM EXPLORATION EXPENDITURE,
Original, South Australia
Graph: Mineral and petroleum exploration expenditure, original, South Australia
Source: Mineral and Petroleum Exploration, Australia (cat. no. 8412.0)


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.