ACTUAL AND EXPECTED NEW CAPITAL EXPENDITURE


FINANCIAL YEARS AT CURRENT PRICES

The graphs below show the seven estimates of actual and expected expenditure for each financial year. The estimates appearing below relate to data contained in Tables 5 and 6. Advice about the application of realisation ratios to these estimates is in paragraph 26 to 29 of the Explanatory Notes.

The timing and construction of these estimates are as follows:

TOTAL CAPITAL EXPENDITURE

Estimate 5 for total capital expenditure for 2012-13 is $168,235 million. This is 4.0% higher than Estimate 5 for 2011-12. The main contributor to this increase was Mining (13.9%). Estimate 5 is 1.3% lower than Estimate 4 for 2012-13. The main contributor to this decrease was Mining (-2.7%).

Estimate 1 for total capital expenditure for 2013-14 is $152,494 million. This is 8.1% lower than Estimate 1 for 2012-13. The main contributor to this decrease was Mining (-11.6%).

BUILDINGS AND STRUCTURES

Estimate 5 for buildings and structures for 2012-13 is $115,301 million. This is 8.0% higher than Estimate 5 for 2011-12. The main contributor to this increase was Mining (15.6%). Estimate 5 for buildings and structures is 2.0% lower than Estimate 4 for 2012-13. The main contributor to this decrease was Mining (-2.2%).

Estimate 1 for buildings and structures for 2013-14 is $111,793 million. This is 6.6% lower than Estimate 1 for 2012-13. The main contributor to this decrease was Mining (-8.9%).


EQUIPMENT, PLANT AND MACHINERY

Estimate 5 for equipment, plant and machinery for 2012-13 is $52,934 million. This is 3.6% lower than Estimate 5 for 2011-12. The main contributors to this decrease were Other Selected Industries (-4.1%) and Manufacturing (-17.8%). Estimate 5 for equipment, plant and machinery is 0.4% higher than Estimate 4 for 2012-13. The main contributor to this increase was Other Selected Industries (4.9%).

Estimate 1 for equipment, plant and machinery for 2013-14 is $40,701 million. This is 12.0% lower than Estimate 1 for 2012-13. The main contributor to this decrease was Mining (-27.9%).


MINING

Estimate 5 for Mining for 2012-13 is $105,096 million. This is 13.9% higher than the corresponding estimate for 2011-12. Estimate 5 is 2.7% lower than Estimate 4 for 2012-13. Buildings and structures is 2.2% lower and equipment, plant and machinery is 5.7% lower than the corresponding fourth estimates for 2012-13.

Estimate 1 for Mining for 2013-14 is $100,204 million. This is 11.6% lower than the corresponding estimate for 2012-13. Buildings and structures is 8.9% lower and equipment, plant and machinery is 27.9% lower than the corresponding first estimates for 2012-13.


MANUFACTURING

Estimate 5 for Manufacturing for 2012-13 is $9,429 million. This is 31.7% lower than the corresponding estimate for 2011-12. Estimate 5 is 6.4% lower than Estimate 4 for 2012-13. Buildings and structures is 9.2% lower and equipment, plant and machinery is 4.9% lower than the corresponding fourth estimates for 2012-13.

Estimate 1 for Manufacturing for 2013-14 is $7,920 million. This is 23.5% lower than the corresponding estimate for 2012-13. Buildings and structures is 36.0% lower and equipment, plant and machinery is 13.8% lower than the corresponding first estimates for 2012-13.

OTHER SELECTED INDUSTRIES

Estimate 5 for Other Selected Industries for 2012-13 is $53,710 million. This is 3.5% lower than the corresponding estimate for 2011-12. The main contributor to this decrease was Transport, Postal and Warehousing (-18.9%). Estimate 5 is 2.8% higher than Estimate 4 for 2012-13. Buildings and structures is 0.1% higher and equipment, plant and machinery is 4.9% higher than the corresponding fourth estimates for 2012-13.

Estimate 1 for Other Selected Industries for 2013-14 is $44,371 million. This is 5.3% higher than the corresponding estimate for 2012-13. The main contributors to this increase were Rental, Hiring and Real Estate Services (20.4%) and Transport, Postal and Warehousing (12.0%). Buildings and structures is 12.9% higher while equipment, plant and machinery is 0.5% lower than the corresponding first estimates for 2012-13.