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5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, March 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/05/2013   
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MARCH KEY FIGURES

Mar Qtr 13
Dec Qtr 12 to Mar Qtr 13
Mar Qtr 12 to Mar Qtr 13
$m
% change
% change

Trend estimates(a)
Total new capital expenditure
39 083
-2.7
-2.0
Buildings and structures
24 424
-3.0
-2.7
Equipment, plant and machinery
14 702
-1.9
-0.7
Seasonally adjusted(a)
Total new capital expenditure
38 510
-4.7
-4.4
Buildings and structures
24 028
-5.5
-6.0
Equipment, plant and machinery
14 482
-3.3
-1.6

(a) In volume terms

New Capital Expenditure, in Volume terms
Graph: Total asset, total industry



MARCH KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)
  • The trend volume estimate for total new capital expenditure fell 2.7% in the March quarter 2013 while the seasonally adjusted estimate fell 4.7%.
  • The trend volume estimate for buildings and structures fell 3.0% in the March quarter 2013 while the seasonally adjusted estimate fell 5.5%.
  • The trend volume estimate for equipment, plant and machinery fell 1.9% in the March quarter 2013 while the seasonally adjusted estimate fell 3.3%.


EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
  • This issue includes the sixth estimate (Estimate 6) for 2012-13 and the second estimate (Estimate 2) for 2013-14.
  • Estimate 6 for 2012-13 is $163,018m. This is 2.6% higher than Estimate 6 for 2011-12. Estimate 6 is 2.0% lower than Estimate 5 for 2012-13.
  • Estimate 2 for 2013-14 is $156,467m. This is 9.8% lower than Estimate 2 for 2012-13. Estimate 2 is 3.4% higher then Estimate 1 for 2013-14.
  • See pages 7 to 10 for further commentary on expectations data.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2013 29 August 2013
September 2013 28 November 2013
December 2013 27 February 2014
March 2014 29 May 2014



REVISIONS
  • The December quarter 2012 estimate for total Mining capital expenditure has been revised downwards $550m (-2.1%) in current price, original terms. The revision was due to updated information received from survey respondents. Within the total revision, equipment, plant and machinery has been revised downwards $402m (-8.4%) and buildings and structures has been revised downwards $148m (-0.7%). Revisions to seasonally adjusted estimates are due to revisions to original estimates as well as concurrent methodology for deriving seasonal factors.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Liz Bolzan on Sydney (02) 9268 4508.


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