5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Mar 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/05/2008   
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WHAT IF...? REVISIONS TO TREND ESTIMATES


EFFECT OF NEW SEASONALLY ADJUSTED ESTIMATES ON TREND ESTIMATES


TREND REVISIONS

Recent seasonally adjusted and trend estimates are likely to be revised when original estimates for subsequent quarters become available. The approximate effects of possible scenarios on trend estimates for capital expenditure in chain volume terms are presented below by illustrating the impact if next quarter's seasonally adjusted estimate rises or falls by a specified percentage (based on the historical average of movements in seasonally adjusted estimates). For further information, see paragraphs 44 and 45 in the EN.

Buildings and Structures

Graph: What If Buildings

What if next quarter's seasonally adjusted estimate:
Trend as published
(1) rises by 6.7%
on this quarter
(2) falls by 6.7%
on this quarter
$m
%
$m
%
$m
%
2007
June
8 683
3.9
8 683
3.9
8 683
3.9
September
8 797
1.3
8 790
1.2
8 836
1.8
December
8 873
0.9
8 881
1.0
8 863
0.3
2008
March
8 986
1.3
9 113
2.6
8 887
0.3


Equipment, Plant and Machinery

Graph: What If Equipment

What if next quarter's seasonally adjusted estimate:
Trend as published
(1) rises by 4.9%
on this quarter
(2) falls by 4.9%
on this quarter
$m
%
$m
%
$m
%
2007
June
11 534
2.7
11 534
2.7
11 534
2.7
September
11 679
1.3
11 671
1.2
11 738
1.8
December
11 699
0.2
11 706
0.3
11 682
-0.5
2008
March
11 680
-0.2
11 817
0.9
11 496
-1.6


Total Capital Expenditure

Graph: What If Total

What if next quarter's seasonally adjusted estimate:
Trend as published
(1) rises by 4.4%
on this quarter
(2) falls by 4.4%
on this quarter
$m
%
$m
%
$m
%
2007
June
20 217
3.2
20 217
3.2
20 217
3.2
September
20 473
1.3
20 438
1.1
20 600
1.9
December
20 572
0.5
20 592
0.8
20 536
-0.3
2008
March
20 648
0.4
21 023
2.1
20 244
-1.4