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 4 for total capital expenditure for 2012-13 is $173,350 million. This is 4.9% higher than Estimate 4 for 2011-12. The main contributor to this increase was Mining (17.1%). Estimate 4 is 3.3% lower than Estimate 3 for 2012-13. The main contributor to this decrease was Mining (-8.1%).
BUILDINGS AND STRUCTURES

Estimate 4 for buildings and structures for 2012-13 is $119,734 million. This is 10.9% higher than Estimate 4 for 2011-12. The main contributor to this increase was Mining (22.1%). Estimate 4 for buildings and structures is 5.3% lower than Estimate 3 for 2012-13. The main contributor to this decrease was Mining (-7.7%).

EQUIPMENT, PLANT AND MACHINERY

Estimate 4 for equipment, plant and machinery for 2012-13 is $53,617 million. This is 6.2% lower than Estimate 4 for 2011-12. The main contributor to this decrease was Other Selected Industries (-6.0%). Estimate 4 for equipment, plant and machinery is 1.5% higher than Estimate 3 for 2012-13. The main contributor to this increase was Other Selected Industries (9.4%).

MINING

Estimate 4 for Mining for 2012-13 is $109,353 million. This is 17.1% higher than the corresponding estimate for 2011-12. Estimate 4 is 8.1% lower than Estimate 3 for 2012-13. Buildings and structures is 7.7% lower and equipment, plant and machinery is 10.4% lower than the corresponding third estimates for 2012-13.

MANUFACTURING

Estimate 4 for Manufacturing for 2012-13 is $11,366 million. This is 17.7% lower than the corresponding estimate for 2011-12. Estimate 4 is 0.4% lower than Estimate 3 for 2012-13. Buildings and structures is 3.1% lower while equipment, plant and machinery is 1.3% higher than the corresponding third estimates for 2012-13.

OTHER SELECTED INDUSTRIES

Estimate 4 for Other Selected Industries for 2012-13 is $52,632 million. This is 9.2% lower than the corresponding estimate for 2011-12. Estimate 4 is 7.7% higher than Estimate 3 for 2012-13. Buildings and structures is 5.4% higher and equipment, plant and machinery is 9.4% higher than the corresponding third estimates for 2012-13.