CAPITAL
Private gross fixed capital formation, (from Table 3.4) Seasonally adjusted
- Chain volume measures

Private gross fixed capital formation and inventories, Chain volume measures(a) |
|  |
 |  | Private gross fixed capital formation | Changes in inventories |  |
| Period | Dwellings | Non-dwelling construction | Machinery and equipment | Livestock | Intangible fixed assets | Ownership transfer costs | Total | Private non-farm | Farm and public authority |  |
ANNUAL ($ MILLION) |  |
|  |
| 2004-05 | 63 152 | 45 784 | 64 872 | 2 773 | 11 072 | 15 619 | 203 083 | 5 665 | 168 |  |
| 2005-06 | 60 462 | 55 368 | 74 372 | 2 816 | 11 832 | 15 972 | 220 823 | -386 | 836 |  |
| 2006-07 | 61 924 | 61 681 | 75 648 | 2 092 | 13 880 | 15 831 | 231 056 | 1 291 | 661 |  |
PERCENTAGE CHANGE FROM PREVIOUS YEAR |  |
|  |
| 2004-05 | -0.8 | 8.4 | 16.3 | 3.7 | 8.8 | -16.6 | 5.8 | na | na |  |
| 2005-06 | -4.3 | 20.9 | 14.6 | 1.6 | 6.9 | 2.3 | 8.7 | na | na |  |
| 2006-07 | 2.4 | 11.4 | 1.7 | -25.7 | 17.3 | -0.9 | 4.6 | na | na |  |
SEASONALLY ADJUSTED ($ MILLION) |  |
|  |
| 2005-2006 |  |  |  |  |  |  |  |  |  |  |
 | March | 14 470 | 13 895 | 19 233 | 704 | 2 960 | 4 117 | 55 447 | -178 | 277 |  |
 | June | 15 299 | 14 211 | 18 466 | 704 | 3 080 | 4 255 | 56 100 | -1 172 | 195 |  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |
 | September | 15 099 | 14 223 | 18 306 | 523 | 3 247 | 3 809 | 55 207 | -995 | 139 |  |
 | December | 15 646 | 14 659 | 17 908 | 523 | 3 339 | 3 694 | 55 769 | 189 | 345 |  |
 | March | 15 681 | 16 453 | 19 134 | 523 | 3 498 | 3 965 | 59 254 | 1 599 | -21 |  |
 | June | 15 498 | 16 345 | 20 301 | 523 | 3 797 | 4 362 | 60 826 | 765 | 213 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |
 | September | 15 631 | 17 294 | 19 709 | 565 | 3 851 | 4 157 | 61 208 | 1 396 | 481 |  |
 | December | 15 563 | 16 788 | 20 457 | 565 | 3 927 | 4 070 | 61 372 | 1 117 | 435 |  |
 | March | 15 569 | 17 554 | 20 142 | 565 | 4 084 | 3 931 | 61 846 | 1 013 | 500 |  |
PERCENTAGE CHANGE FROM PREVIOUS QUARTER |  |
|  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |
 | December | 3.6 | 3.1 | -2.2 | 0.0 | 2.8 | -3.0 | 1.0 | na | na |  |
 | March | 0.2 | 12.2 | 6.8 | 0.0 | 4.8 | 7.3 | 6.2 | na | na |  |
 | June | -1.2 | -0.7 | 6.1 | 0.0 | 8.5 | 10.0 | 2.7 | na | na |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |
 | September | 0.9 | 5.8 | -2.9 | 8.1 | 1.4 | -4.7 | 0.6 | na | na |  |
 | December | -0.4 | -2.9 | 3.8 | 0.0 | 2.0 | -2.1 | 0.3 | na | na |  |
 | March | 0.0 | 4.6 | -1.5 | 0.0 | 4.0 | -3.4 | 0.8 | na | na |  |
|  |
| na not available |
| (a) Reference year 2005-06. |
| Source: Australian National Accounts: National Income, Expenditure and Product, cat. no. 5206.0 |
Actual Private New Capital Expenditure, By type of asset and selected industry(a) |
|  |
 |  | Current prices | Chain volume measures(b) |  |
| Period | Asset- Buil -
dings and struc-
tures | Asset- Equip-
ment, plant and mach-
inery | Industry - Mining | Industry - Manufac-
turing | Industry - Other selected indus-
tries | Total | Asset- Buildings and struc-
tures | Asset- Equip-
ment, plant and mach-
inery | Industry - Mining | Industry - Manufac-
turing | Industry - Other selected indus-
tries | Total |  |
Annual ($ million) |  |
|  |
| 2004-05 | 19 262 | 38 293 | 10 253 | 12 681 | 34 620 | 57 554 | 20 521 | 37 088 | 10 747 | 12 796 | 34 065 | 57 848 |  |
| 2005-06 | 29 057 | 43 584 | 18 609 | 15 428 | 38 605 | 72 641 | 29 057 | 43 584 | 18 609 | 15 428 | 38 605 | 72 641 |  |
| 2006-07 | 34 461 | 43 090 | 22 118 | 13 264 | 42 169 | 77 552 | 32 307 | 44 243 | 21 080 | 13 150 | 42 320 | 76 550 |  |
Percentage change from previous year |  |
|  |
| 2004-05 | 23.1 | 7.6 | 10.5 | 11.0 | 13.4 | 12.3 | 14.0 | 13.0 | 6.2 | 11.2 | 16.2 | 13.3 |  |
| 2005-06 | 50.9 | 13.8 | 81.5 | 21.7 | 11.5 | 26.2 | 41.6 | 17.5 | 73.1 | 20.6 | 13.3 | 25.6 |  |
| 2006-07 | 18.6 | -1.1 | 18.9 | -14.0 | 9.2 | 6.8 | 11.2 | 1.5 | 13.3 | -14.8 | 9.6 | 5.4 |  |
Seasonally adjusted ($ million) |  |
|  |
| 2005-2006 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | March | 7 328 | 11 483 | 5 140 | 3 858 | 9 812 | 18 810 | 7 342 | 11 465 | 5 136 | 3 819 | 9 835 | 18 777 |  |
 | June | 8 308 | 10 481 | 5 532 | 3 618 | 9 639 | 18 789 | 8 142 | 10 649 | 5 437 | 3 611 | 9 729 | 18 758 |  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 7 724 | 10 527 | 4 897 | 3 522 | 9 832 | 18 251 | 7 410 | 10 688 | 4 751 | 3 485 | 9 777 | 18 013 |  |
 | December | 7 744 | 10 354 | 5 340 | 3 427 | 9 330 | 18 097 | 7 298 | 10 545 | 5 136 | 3 397 | 9 391 | 17 923 |  |
 | March | 9 098 | 10 929 | 5 682 | 3 243 | 11 102 | 20 027 | 8 476 | 11 291 | 5 397 | 3 202 | 11 053 | 19 651 |  |
 | June | 9 947 | 11 267 | 6 144 | 3 075 | 11 996 | 21 215 | 9 123 | 11 720 | 5 796 | 3 067 | 12 099 | 20 963 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 9 147 | 10 982 | 6 045 | 3 196 | 10 890 | 20 131 | 8 280 | 11 483 | 5 630 | 3 155 | 10 863 | 19 648 |  |
 | December | 10 121 | 11 194 | 6 470 | 3 422 | 11 424 | 21 316 | 9 103 | 11 886 | 6 033 | 3 432 | 11 612 | 21 077 |  |
 | March | 10 241 | 10 840 | 6 850 | 3 473 | 10 759 | 21 082 | 9 031 | 11 579 | 6 273 | 3 413 | 10 873 | 20 559 |  |
Percentage change from previous quarter - Seasonally adjusted |  |
|  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | December | 0.3 | -1.6 | 9.0 | -2.7 | -5.1 | -0.8 | -1.5 | -1.3 | 8.1 | -2.5 | -4.0 | -0.5 |  |
 | March | 17.5 | 5.6 | 6.4 | -5.4 | 19.0 | 10.7 | 16.1 | 7.1 | 5.1 | -5.7 | 17.7 | 9.6 |  |
 | June | 9.3 | 3.1 | 8.1 | -5.2 | 8.1 | 5.9 | 7.6 | 3.8 | 7.4 | -4.2 | 9.5 | 6.7 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | -8.0 | -2.5 | -1.6 | 3.9 | -9.2 | -5.1 | -9.2 | -2.0 | -2.9 | 2.8 | -10.2 | -6.3 |  |
 | December | 10.6 | 1.9 | 7.0 | 7.1 | 4.9 | 5.9 | 9.9 | 3.5 | 7.2 | 8.8 | 6.9 | 7.3 |  |
 | March | 1.2 | -3.2 | 5.9 | 1.5 | -5.8 | -1.1 | -0.8 | -2.6 | 4.0 | -0.6 | -6.4 | -2.5 |  |
Trend ($ million) |  |
|  |
| 2005-2006 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | March | 7 534 | 11 036 | 5 016 | 3 848 | 9 571 | 18 435 | 7 581 | 11 049 | 5 004 | 3 830 | 9 785 | 18 612 |  |
 | June | 7 849 | 10 793 | 5 248 | 3 664 | 9 628 | 18 540 | 7 696 | 10 894 | 5 167 | 3 640 | 9 762 | 18 557 |  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 7 898 | 10 481 | 5 238 | 3 527 | 9 567 | 18 332 | 7 566 | 10 653 | 5 089 | 3 496 | 9 601 | 18 178 |  |
 | December | 8 007 | 10 480 | 5 340 | 3 380 | 9 757 | 18 477 | 7 631 | 10 719 | 5 127 | 3 348 | 9 853 | 18 339 |  |
 | March | 9 079 | 10 899 | 5 655 | 3 229 | 11 109 | 19 993 | 8 353 | 11 227 | 5 374 | 3 196 | 11 013 | 19 581 |  |
 | June | 9 457 | 11 095 | 5 982 | 3 151 | 11 418 | 20 551 | 8 683 | 11 534 | 5 639 | 3 128 | 11 448 | 20 217 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 9 686 | 11 133 | 6 209 | 3 221 | 11 390 | 20 820 | 8 797 | 11 679 | 5 803 | 3 202 | 11 468 | 20 473 |  |
 | December | 9 906 | 11 049 | 6 469 | 3 357 | 11 129 | 20 955 | 8 873 | 11 699 | 5 998 | 3 333 | 11 241 | 20 572 |  |
 | March | 10 135 | 10 929 | 6 736 | 3 487 | 10 860 | 21 083 | 8 986 | 11 680 | 6 206 | 3 453 | 10 981 | 20 648 |  |
Percentage change from previous quarter - Trend |  |
|  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | December | 1.4 | 0.0 | 1.9 | -4.2 | 2.0 | 0.8 | 0.9 | 0.6 | 0.7 | -4.3 | 2.6 | 0.9 |  |
 | March | 13.4 | 4.0 | 5.9 | -4.5 | 13.9 | 8.2 | 9.5 | 4.7 | 4.8 | -4.5 | 11.8 | 6.8 |  |
 | June | 4.2 | 1.8 | 5.8 | -2.4 | 2.8 | 2.8 | 3.9 | 2.7 | 4.9 | -2.1 | 3.9 | 3.2 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 2.4 | 0.3 | 3.8 | 2.2 | -0.2 | 1.3 | 1.3 | 1.3 | 2.9 | 2.4 | 0.2 | 1.3 |  |
 | December | 2.3 | -0.8 | 4.2 | 4.2 | -2.3 | 0.6 | 0.9 | 0.2 | 3.4 | 4.1 | -2.0 | 0.5 |  |
 | March | 2.3 | -1.1 | 4.1 | 3.9 | -2.4 | 0.6 | 1.3 | -0.2 | 3.5 | 3.6 | -2.3 | 0.4 |  |
|  |
| (a) Excludes public sector and all businesses classified to agriculture, forestry, fishing, hunting and community services. |
| (b) Reference year 2005-06. |
| Source: Private New Capital Expenditure and Expected Expenditure, Australia, cat. no. 5625.0 |
Expected and actual private new capital expenditure, By selected industry and type of asset(a) |
|  |
 | Estimate 1 | Estimate 2 | Estimate 3 | Estimate 4 | Estimate 5 | Estimate 6 | Estimate 7 |  |
| Period | Expected expenditure reported 5-6 months before period began | Expected expenditure reported 2-3 months before period began | Expected expenditure reported at beginning of period | Expected expenditure reported 3-4 months into period (includes 3 months actual expenditure | Expected expenditure reported 6-7 months into period (includes 6 months actual expenditure | Expected expenditure reported 9-10 months into period (includes 9 months actual expenditure | 12 months actual expenditure |  |
New capital expenditure-Total ($ million) |  |
|  |
| 2006-07 | 53 299 | 57 564 | 63 634 | 69 814 | 73 923 | 78 336 | 77 552 |  |
| 2007-08 | 63 568 | 70 978 | 79 062 | 84 205 | 85 898 | 87 007 | nya |  |
| 2008-09 | 79 392 | 84 835 | nya | nya | nya | nya | nya |  |
New capital expenditure by industry-Mining ($ million) |  |
|  |
| 2006-07 | 15 298 | 17 100 | 18 260 | 20 858 | 24 073 | 23 396 | 22 118 |  |
| 2007-08 | 26 691 | 26 970 | 28 450 | 29 230 | 30 001 | 28 992 | nya |  |
| 2008-09 | 30 595 | 33 569 | nya | nya | nya | nya | nya |  |
Manufacturing ($ million) |  |
|  |
| 2006-07 | 11 651 | 11 293 | 12 471 | 13 067 | 13 071 | 13 718 | 13 264 |  |
| 2007-08 | 9 343 | 10 218 | 11 618 | 12 517 | 13 170 | 13 639 | nya |  |
| 2008-09 | 10 939 | 11 549 | nya | nya | nya | nya | nya |  |
Other Selected Industries ($ million) |  |
|  |
| 2006-07 | 26 350 | 29 171 | 32 903 | 35 890 | 36 779 | 41 221 | 42 169 |  |
| 2007-08 | 27 534 | 33 791 | 38 995 | 42 457 | 42 727 | 44 376 | nya |  |
| 2008-09 | 37 858 | 39 718 | nya | nya | nya | nya | nya |  |
New capital expenditure by asset-Buildings and Structures ($ million) |  |
|  |
| 2006-07 | 22 695 | 24 648 | 29 103 | 32 239 | 34 513 | 36 042 | 34 461 |  |
| 2007-08 | 33 848 | 38 112 | 41 574 | 43 570 | 43 197 | 42 608 | nya |  |
| 2008-09 | 41 902 | 46 115 | nya | nya | nya | nya | nya |  |
Equipment, Plant and Machinery ($ million) |  |
|  |
| 2006-07 | 30 603 | 32 916 | 34 530 | 37 575 | 39 411 | 42 294 | 43 090 |  |
| 2007-08 | 29 720 | 32 866 | 37 489 | 40 634 | 42 700 | 44 400 | nya |  |
| 2008-09 | 37 488 | 38 720 | nya | nya | nya | nya | nya |  |
|  |
| nya not yet available |
| (a) Excludes public sector and all businesses classified to agriculture, forestry, fishing, hunting and community services. |
| Source: Private New Capital Expenditure and Expected Expenditure, Australia, cat. no. 5625.0 |
This page last updated 5 February 2009