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EXPERIMENTAL PROJECTED CAPITAL EXPENDITURE
BUILDINGS AND STRUCTURES
The buildings and structures current price trend series has grown substantially in the past five years. The expectations are that the momentum will continue and the series will surge past the $12,000m level per quarter during the second half of the 2007-08 financial year.
EQUIPMENT, PLANT AND MACHINERY
The equipment, plant and machinery current price trend series has displayed significant growth from June 2004. The projections for this series suggest that the current levels will be maintained with the possibility of a renewed rise towards the end of the 2007-08 financial year.
The Mining series has grown from the $2,000m per quarter level in 2002 to $6,000m in recent quarters. The projections for this series see increased momentum for the remainder of the financial year with the series driving towards $8,000m capital expenditure per quarter.
The Manufacturing trend series has been in a state of continual decline since its high in the 2005-06 financial year. While September quarter estimates showed further decline in the series, the expectations for the remainder of the financial year suggest that the series will plateau.
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.
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