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5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, March 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 29/05/2014   
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MARCH KEY FIGURES

Mar Qtr 14
Dec Qtr 13 to Mar Qtr 14
Mar Qtr 13 to Mar Qtr 14
$m
% change
% change

Trend estimates(a)
Total new capital expenditure
39 480
-0.3
-0.5
Buildings and structures
27 177
1.0
6.4
Equipment, plant and machinery
12 270
-3.3
-13.1
Seasonally adjusted(a)
Total new capital expenditure
37 076
-4.2
-5.0
Buildings and structures
24 524
-7.4
-2.5
Equipment, plant and machinery
12 552
2.8
-9.6

(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 decreased by 0.3% in the March quarter 2014 while the seasonally adjusted estimate decreased 4.2%.
  • The trend volume estimate for buildings and structures increased by 1.0% in the March quarter 2014 while the seasonally adjusted estimate decreased by 7.4%.
  • The trend volume estimate for equipment, plant and machinery decreased by 3.3% in the March quarter 2014 while the seasonally adjusted estimate increased by 2.8%.


EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
  • This issue includes the sixth estimate (Estimate 6) for 2013-14 and the second estimate (Estimate 2) for 2014-15.
  • Estimate 6 for 2013-14 is $162,849m. This is unchanged from Estimate 6 for 2012-13. Estimate 6 is 2.5% lower than Estimate 5 for 2013-14.
  • Estimate 2 for 2014-15 is $137,063m. This is 12.0% lower than Estimate 2 for 2013-14.
  • See pages 7 to 10 for further commentary on expectations data.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2014 28 August 2014
September 2014 27 November 2014
December 2014 26 February 2015
March 2015 28 May 2015



CHANGES TO THIS ISSUE
  • The December quarter 2013 estimate for total capital expenditure has been revised upwards by $334m (+0.8%). Buildings and structures was revised upwards by $282m (+1.0%) and equipment, plant and machinery was revised upwards by $52m (+0.4%). The revisions are due to updated information received from survey respondents.
  • The December Quarter 2013 estimate for total Other Selected Industries has been revised upwards by $251m (+1.7%) in current price, original terms. Equipment, plant and machinery was revised upwards by $213m (+2.3%) and buildings and structures was revised upwards by $37m (+0.6%). The revisions are due to updated information received from survey respondents.
  • Revisions to seasonally adjusted estimates are due to revisions to original estimates as well as concurrent methodology for deriving seasonal factors.


INQUIRIES

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Commonwealth of Australia 2014

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