Australian Bureau of Statistics
5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Dec 2007
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/02/2008
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EXPERIMENTAL PROJECTED CAPITAL EXPENDITURE
BUILDINGS AND STRUCTURES
The buildings and structures current price trend series has seen continued growth over the past five years and the projections shown in this series are suggesting further strong growth through the remainder of this financial year and in 2008-09.
EQUIPMENT, PLANT AND MACHINERY
Projections for the equipment, plant and machinery current price trend series remain very strong in the coming twelve months with a possible turning point in the second half of the 2008-09 financial year.
The Mining current price trend series has been exceptionally strong in the past five years. With the availability of the first estimate for 2008-09 the model is projecting this series to grow to above $10,000m capital expenditure per quarter.
In recent quarters the Manufacturing trend series has turned upwards after a sustained period of decline that began in late 2005. The projections for the series over the coming eighteen months suggest there will be growth in the series but at a moderate level.
OTHER SELECTED INDUSTRIES
This series was affected by the trend break applied between December quarter 2006 and March quarter 2007. The new trend has shown a large shift in level and the series projections look to be extremely strong for the remainder of 2007-08 and for the 2008-09 financial year.
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This page last updated 28 May 2008