5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, March 2014 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/05/2014   
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ACTUAL NEW CAPITAL EXPENDITURE IN VOLUME TERMS


TOTAL CAPITAL EXPENDITURE

The trend estimate for total new capital expenditure decreased 0.3% (-$106m) in the March quarter 2014. By asset type, the trend estimate for equipment, plant and machinery decreased by 3.3% (-$414m) and buildings and structures increased by 1.0% (+$275m). The seasonally adjusted estimate for total new capital expenditure decreased by 4.2% (-$1,635m) in the March quarter 2014.

Graph: Total industry, total asset


BUILDINGS AND STRUCTURES

The trend estimate for buildings and structures increased 1.0% (+$275m) in the March quarter 2014. Buildings and structures for Mining increased by 0.8% (+$171m), Other Selected Industries increased by 2.4% (+$130m) and Manufacturing decreased by 3.8% (-$25m). The seasonally adjusted estimate for buildings and structures decreased by 7.4% (-$1,972m) in the March Quarter 2014. Mining decreased by 10.0% (-$2,037m), Manufacturing decreased by 7.2% (-$48m) and Other Selected Industries increased by 2.1% (+$113m) in seasonally adjusted terms.

Graph: Buildings and structures


EQUIPMENT, PLANT AND MACHINERY

The trend estimate for equipment, plant and machinery decreased by 3.3% (-$414m) in the March quarter 2014. Equipment, plant and machinery for Mining decreased by 10.4% (-$237m), Other Selected Industries decreased by 2.2% (-$197m) and Manufacturing increased by 1.9% (+$30m). The seasonally adjusted estimate for equipment, plant and machinery increased by 2.8% (+$337m) in the March quarter 2014. Other Selected Industries increased by 2.1% (+$181m), Manufacturing increased by 5.4% (+$85m) and Mining increased by 3.3% (+$70m) in seasonally adjusted terms.

Graph: Equipment, Plant and Machinery


MINING

The trend estimate for Mining decreased 0.2% (-$55m) in the March quarter 2014. Equipment, plant and machinery decreased by 10.4% (-$237m) and buildings and structures increased by 0.8% (+$171m). The seasonally adjusted estimate for Mining decreased by 8.7% (-$1,967m) in the March quarter 2014. Buildings and structures decreased by 10.0% (-$2,037m) and equipment, plant and machinery increased by 3.3% (+$70m) in seasonally adjusted terms.

Graph: Mining


MANUFACTURING

The trend estimate for Manufacturing increased by 0.3% (+$7m) in the March quarter 2014. Equipment, plant and machinery increased by 1.9% (+$30m) and buildings and structures decreased by 3.8% (-$25m). The seasonally adjusted estimate for Manufacturing increased by 1.7% (+$37m) in the March quarter 2014. Equipment, plant and machinery increased by 5.4% (+$85m) and buildings and structures decreased by 7.2% (-$48m) in seasonally adjusted terms.

Graph: Manufacturing


OTHER SELECTED INDUSTRIES

The trend estimate for Other Selected Industries decreased by 0.5% (-$67m) in the March quarter 2014. Equipment, plant and machinery decreased by 2.2% (-$197m) and buildings and structures increased by 2.4% (+$130m). The seasonally adjusted estimate for Other Selected Industries increased by 2.1% (+$294m) in the March quarter 2014. Equipment, plant and machinery increased by 2.1% (+$181m) and buildings and structures increased by 2.1% (+$113m) in seasonally adjusted terms.

Graph: Other selected industries