CAPITAL EXPENDITURE
Net capital expenditure for the electricity supply industry increased in 2005-06 by $1.7b (27%) to $8.1b, reflecting substantial investment in upgrading networks and improving reliability of supply. Some of this additional capital expenditure was in response to cyclone damage in Queensland.
Acquisition of plant, machinery and equipment by the electricity supply industry increased by 49%, or $1.7b, between 2004-05 and 2005-06. By contrast, a decrease of $0.8b (or 28%) occurred in expenditure on dwellings, other buildings and structures. Outlays on other assets more than trebled, to $0.9b.
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