5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Sep 2013 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/11/2013   
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SEPTEMBER KEY FIGURES

Sep Qtr 13
Jun Qtr 13 to Sep Qtr 13
Sep Qtr 12 to Sep Qtr 13
$m
% change
% change

Trend estimates(a)
Total new capital expenditure
40 271
1.6
-1.8
Buildings and structures
26 713
3.1
1.0
Equipment, plant and machinery
13 520
-1.5
-7.2
Seasonally adjusted(a)
Total new capital expenditure
40 866
3.6
-0.7
Buildings and structures
27 315
6.3
3.9
Equipment, plant and machinery
13 551
-1.5
-8.8

(a) In volume terms

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



SEPTEMBER KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)
  • The trend volume estimate for total new capital expenditure rose 1.6% in the September quarter 2013 while the seasonally adjusted estimate rose 3.6%.
  • The trend volume estimate for buildings and structures rose 3.1% in the September quarter 2013 while the seasonally adjusted estimate rose 6.3%.
  • The trend volume estimate for equipment, plant and machinery fell 1.5% in the September quarter 2013 while the seasonally adjusted estimate fell 1.5%.


EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
  • This issue includes the fourth estimate (Estimate 4) for 2013-14.
  • Estimate 4 for 2013-14 is $166,832m. This is 2.0.% lower than Estimate 4 for 2012-13. Estimate 4 is 3.2% higher than Estimate 3 for 2013-14.
  • See pages 7 to 10 for further commentary on expectations data.


NOTES

FORTHCOMING ISSUES

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



CHANGES TO THIS ISSUE
  • Each September quarter the reference and base year for chain volume estimates for the Survey of Private New Capital Expenditure are updated. A new base year, 2011-12, has been introduced into the chain volume estimates which has resulted in minor revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2011-12. Additivity is preserved in the quarters of the reference year and subsequent quarters. Re-referencing affects the level of, but not the movements in, chain volume estimates.
  • As happens each year, a seasonal re-analysis has been undertaken based on estimates up to and including the June quarter 2013. This re-analysis has resulted in a downward revision to total Mining capital expenditure in current price, seasonally adjusted terms of -$595m (-2.5%). There were other minor revisions to industry estimates producing a net revision to total capital expenditure of -$421m (-1.0%). In chain volume measure, seasonally adjusted terms the revision to total Mining capital expenditure was -$354m (-1.5%). There were other minor revisions to industry estimates producing a net revision to total capital expenditure of -$555m (-1.4%).


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tony Mitchell on Sydney (02) 9268 4044.