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) |  |
|  |
| 2005-06 | 60 462 | 55 368 | 74 372 | 2 816 | 11 832 | 15 972 | 220 823 | -386 | 836 |  |
| 2006-07 | 61 925 | 61 680 | 76 612 | 1 995 | 13 881 | 15 831 | 231 923 | 1 291 | -81 |  |
| 2007-08 | 62 875 | 69 019 | 86 474 | 2 195 | 16 173 | 15 902 | 252 638 | 4 543 | -287 |  |
PERCENTAGE CHANGE FROM PREVIOUS YEAR |  |
|  |
| 2005-06 | -4.3 | 20.9 | 14.6 | 1.6 | 6.9 | 2.3 | 8.7 | na | na |  |
| 2006-07 | 2.4 | 11.4 | 3.0 | -29.2 | 17.3 | -0.9 | 5.0 | na | na |  |
| 2007-08 | 1.5 | 11.9 | 12.9 | 10.0 | 16.5 | 0.4 | 8.9 | na | na |  |
SEASONALLY ADJUSTED ($ MILLION) |  |
|  |
| 2005-2006 |  |  |  |  |  |  |  |  |  |  |
 | June | 15 276 | 14 200 | 18 491 | 704 | 3 080 | 4 262 | 56 099 | -1 412 | 258 |  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |
 | September | 15 110 | 14 207 | 18 508 | 499 | 3 240 | 3 807 | 55 371 | -870 | 21 |  |
 | December | 15 654 | 14 691 | 18 189 | 499 | 3 334 | 3 699 | 56 065 | 202 | 111 |  |
 | March | 15 726 | 16 453 | 19 420 | 499 | 3 502 | 3 951 | 59 550 | 1 767 | -134 |  |
 | June | 15 435 | 16 329 | 20 496 | 499 | 3 806 | 4 373 | 60 937 | 409 | -10 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |
 | September | 15 627 | 17 222 | 20 466 | 549 | 3 860 | 4 158 | 61 881 | 1 575 | -222 |  |
 | December | 15 658 | 16 851 | 21 251 | 549 | 3 966 | 4 081 | 62 356 | 1 127 | 81 |  |
 | March | 15 757 | 17 720 | 21 184 | 549 | 4 126 | 3 919 | 63 254 | 1 629 | 8 |  |
 | June | 15 833 | 17 227 | 23 574 | 549 | 4 220 | 3 744 | 65 148 | 306 | -99 |  |
PERCENTAGE CHANGE FROM PREVIOUS QUARTER |  |
|  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |
 | March | 0.5 | 12.0 | 6.8 | 0.0 | 5.0 | 6.8 | 6.2 | na | na |  |
 | June | -1.9 | -0.8 | 5.5 | 0.0 | 8.7 | 10.7 | 2.3 | na | na |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |
 | September | 1.2 | 5.5 | -0.1 | 10.0 | 1.4 | -4.9 | 1.5 | na | na |  |
 | December | 0.2 | -2.2 | 3.8 | 0.0 | 2.8 | -1.9 | 0.8 | na | na |  |
 | March | 0.6 | 5.2 | -0.3 | 0.0 | 4.0 | -4.0 | 1.4 | na | na |  |
 | June | 0.5 | -2.8 | 11.3 | 0.0 | 2.3 | -4.5 | 3.0 | 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) |  |
|  |
| 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 |  |
| 2007-08 | 40 449 | 45 955 | 27 347 | 13 390 | 45 666 | 86 404 | 35 985 | 48 840 | 25 187 | 13 266 | 46 372 | 84 825 |  |
Percentage change from previous year |  |
|  |
| 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 |  |
| 2007-08 | 17.4 | 6.6 | 23.6 | 0.9 | 8.3 | 11.4 | 11.4 | 10.4 | 19.5 | 0.9 | 9.6 | 10.8 |  |
Seasonally adjusted ($ million) |  |
|  |
| 2005-2006 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | June | 8 274 | 10 387 | 5 465 | 3 625 | 9 571 | 18 661 | 8 110 | 10 552 | 5 375 | 3 628 | 9 657 | 18 642 |  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 7 742 | 10 519 | 4 906 | 3 529 | 9 826 | 18 261 | 7 423 | 10 678 | 4 757 | 3 490 | 9 767 | 18 014 |  |
 | December | 7 737 | 10 421 | 5 350 | 3 420 | 9 386 | 18 156 | 7 289 | 10 614 | 5 140 | 3 381 | 9 400 | 17 921 |  |
 | March | 9 128 | 11 001 | 5 771 | 3 230 | 11 128 | 20 129 | 8 502 | 11 369 | 5 484 | 3 191 | 11 041 | 19 717 |  |
 | June | 9 904 | 11 127 | 6 032 | 3 088 | 11 911 | 21 031 | 9 093 | 11 583 | 5 698 | 3 088 | 12 112 | 20 898 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 9 178 | 10 977 | 6 057 | 3 204 | 10 893 | 20 154 | 8 330 | 11 493 | 5 640 | 3 157 | 10 903 | 19 701 |  |
 | December | 10 121 | 11 284 | 6 495 | 3 413 | 11 497 | 21 405 | 9 144 | 12 003 | 6 053 | 3 412 | 11 695 | 21 160 |  |
 | March | 10 473 | 11 379 | 7 053 | 3 472 | 11 326 | 21 851 | 9 281 | 12 176 | 6 484 | 3 416 | 11 465 | 21 366 |  |
 | June | 10 627 | 12 211 | 7 661 | 3 308 | 11 868 | 22 837 | 9 233 | 13 153 | 7 010 | 3 282 | 12 296 | 22 587 |  |
Percentage change from previous quarter - Seasonally adjusted |  |
|  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | March | 18.0 | 5.6 | 7.9 | -5.6 | 18.6 | 10.9 | 16.7 | 7.1 | 6.7 | -5.6 | 17.5 | 10.0 |  |
 | June | 8.5 | 1.1 | 4.5 | -4.4 | 7.0 | 4.5 | 6.9 | 1.9 | 3.9 | -3.2 | 9.7 | 6.0 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | -7.3 | -1.3 | 0.4 | 3.8 | -8.5 | -4.2 | -8.4 | -0.8 | -1.0 | 2.2 | -10.0 | -5.7 |  |
 | December | 10.3 | 2.8 | 7.2 | 6.5 | 5.5 | 6.2 | 9.8 | 4.4 | 7.3 | 8.1 | 7.3 | 7.4 |  |
 | March | 3.5 | 0.8 | 8.6 | 1.7 | -1.5 | 2.1 | 1.5 | 1.4 | 7.1 | 0.1 | -2.0 | 1.0 |  |
 | June | 1.5 | 7.3 | 8.6 | -4.7 | 4.8 | 4.5 | -0.5 | 8.0 | 8.1 | -3.9 | 7.2 | 5.7 |  |
Trend ($ million) |  |
|  |
| 2005-2006 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | June | 7 843 | 10 770 | 5 236 | 3 666 | 9 608 | 18 510 | 7 691 | 10 869 | 5 157 | 3 645 | 9 742 | 18 531 |  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 7 901 | 10 482 | 5 240 | 3 529 | 9 568 | 18 337 | 7 564 | 10 653 | 5 090 | 3 498 | 9 576 | 18 154 |  |
 | December | 8 008 | 10 509 | 5 357 | 3 376 | 9 774 | 18 507 | 7 631 | 10 749 | 5 142 | 3 342 | 9 844 | 18 339 |  |
 | March | 9 084 | 10 907 | 5 666 | 3 226 | 11 114 | 20 006 | 8 356 | 11 238 | 5 385 | 3 194 | 11 016 | 19 593 |  |
 | June | 9 443 | 11 034 | 5 956 | 3 154 | 11 366 | 20 476 | 8 679 | 11 480 | 5 616 | 3 132 | 11 433 | 20 182 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 9 698 | 11 087 | 6 167 | 3 230 | 11 388 | 20 785 | 8 842 | 11 646 | 5 768 | 3 208 | 11 502 | 20 479 |  |
 | December | 9 981 | 11 240 | 6 541 | 3 352 | 11 330 | 21 223 | 8 971 | 11 923 | 6 067 | 3 324 | 11 470 | 20 862 |  |
 | March | 10 358 | 11 572 | 7 046 | 3 409 | 11 475 | 21 930 | 9 176 | 12 386 | 6 489 | 3 376 | 11 700 | 21 565 |  |
 | June | 10 736 | 11 998 | 7 572 | 3 402 | 11 736 | 22 710 | 9 362 | 12 935 | 6 949 | 3 367 | 12 133 | 22 452 |  |
Percentage change from previous quarter - Trend |  |
|  |
| 2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | March | 13.4 | 3.8 | 5.8 | -4.4 | 13.7 | 8.1 | 9.5 | 4.5 | 4.7 | -4.5 | 11.9 | 6.8 |  |
 | June | 4.0 | 1.2 | 5.1 | -2.2 | 2.3 | 2.3 | 3.9 | 2.1 | 4.3 | -1.9 | 3.8 | 3.0 |  |
| 2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |  |
 | September | 2.7 | 0.5 | 3.5 | 2.4 | 0.2 | 1.5 | 1.9 | 1.4 | 2.7 | 2.4 | 0.6 | 1.5 |  |
 | December | 2.9 | 1.4 | 6.1 | 3.8 | -0.5 | 2.1 | 1.5 | 2.4 | 5.2 | 3.6 | -0.3 | 1.9 |  |
 | March | 3.8 | 3.0 | 7.7 | 1.7 | 1.3 | 3.3 | 2.3 | 3.9 | 7.0 | 1.6 | 2.0 | 3.4 |  |
 | June | 3.6 | 3.7 | 7.5 | -0.2 | 2.3 | 3.6 | 2.0 | 4.4 | 7.1 | -0.3 | 3.7 | 4.1 |  |
|  |
| (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 | 87 797 | 86 404 |  |
| 2008-09 | 79 392 | 87 088 | 99 758 | 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 | 29 177 | 27 347 |  |
| 2008-09 | 30 595 | 34 177 | 39 935 | 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 | 13 581 | 13 390 |  |
| 2008-09 | 10 939 | 11 397 | 13 819 | 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 | 45 039 | 45 666 |  |
| 2008-09 | 37 858 | 41 514 | 46 004 | 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 | 42 434 | 40 449 |  |
| 2008-09 | 41 902 | 46 778 | 53 822 | 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 | 45 363 | 45 955 |  |
| 2008-09 | 37 488 | 40 310 | 45 936 | 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 30 October 2008