Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013

INVESTMENT


PRIVATE NEW CAPITAL EXPENDITURE

Between the June 2008 and September 2008 quarters, the South Australian chain volume (trend) estimate of private new capital expenditure increased by 2.7% to $1,363m. Expenditure on Equipment, plant and machinery increased by $69m (or 9.9%) to $766m, while expenditure on Buildings and structures decreased by $33m (or 5.2%) to $597m.

Between the June 2008 and September 2008 quarters, private new capital expenditure for Australia increased by 2.9% to $23,377m. Expenditure on Equipment, plants and machinery increased by 2.4%, while Buildings and structures expenditure increased by 3.1% over this period.

MINERAL AND PETROLEUM EXPLORATION EXPENDITURE

The value of mineral exploration expenditure in South Australia during the September quarter 2008 was $75.0m (in original terms), down 21.2% from $95.2m for the June quarter 2008. Over the same period, Australian expenditure on mineral exploration decreased by 5.5% from $728.1m in the June quarter 2008 to $687.7m in the September quarter 2008.

The main minerals sought in South Australia in the September quarter 2008 were copper ($28.5m exploration expenditure), uranium ($22.4m), and gold ($13.6m).

Expenditure on petroleum exploration in South Australia in the September quarter 2008 was $37.9m, down 3.5% from the June quarter 2008. Nationally, expenditure on petroleum exploration decreased 8.9% from $857.2m in the June quarter 2008 to $781.3m in the September quarter 2008.