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5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Jun 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/08/2008   
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ACTUAL NEW CAPITAL EXPENDITURE IN VOLUME TERMS


TOTAL CAPITAL EXPENDITURE

In trend terms, total new capital expenditure rose 4.1%. This is the fifth consecutive rise since the trend break applied in March quarter 2007. In seasonally adjusted terms the series rose 5.7% for the June quarter 2008. These outcomes are generally below the level implied by expectations in the March quarter 2008.

Graph: Total Capital Expenditure, CVM


BUILDINGS AND STRUCTURES

In trend terms the building series rose 2.0% in the June quarter. Mining (3.2%), Manufacturing (2.7%) and Other selected industries (1.0%) all increased. Building fell 0.5% in seasonally adjusted terms. Manufacturing fell 6.6%, Other selected industries decreased 2.3% while Mining rose 2.3%.

Graph: Building, CVM


EQUIPMENT, PLANT AND MACHINERY

In trend terms the equipment series increased 4.4% this quarter. Mining rose 14.4% and Other selected industries gained 3.7% while Manufacturing fell 1.4%. The seasonally adjusted equipment series rose 8.0%. Mining increased 21.3% and Other selected industries rose 9.0% while Manufacturing decreased by 2.8%.

Graph: Equipment, Plant and Machinery, CVM


MINING

In trend terms the Mining series rose 7.1% in the June quarter 2008. Building rose 3.2% and equipment rose 14.4%. The Mining seasonally adjusted series rose 8.1%. The equipment asset class rose 21.3% while building increased 2.3%.

Graph: Mining, CVM


MANUFACTURING

In trend terms the Manufacturing series fell 0.3% in the June quarter. Building rose 2.7% and equipment fell 1.4%. The seasonally adjusted series fell 3.9% this quarter. Building decreased 6.6% while equipment fell 2.8% in the June quarter.

Graph: Manufacturing, CVM


OTHER SELECTED INDUSTRIES

In trend terms the Other selected industries series rose 3.7% in the June quarter. There were gains for both assets with building rising 1.0% and equipment 3.7%. Other selected industries has increased 7.2% in seasonally adjusted terms this quarter. By asset class, building fell 2.3% while equipment rose 9.0%.

Graph: Other Selected Industries, CVM


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