1345.4 - SA Stats, Oct 2006
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 08/11/2006
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PRIVATE NEW CAPITAL EXPENDITURE
In the June 2006 quarter, the South Australian chain volume (trend) estimate of private new capital expenditure decreased by 1.1% to $1,119m. Expenditure on equipment, plant and machinery decreased by 3.0% to $772m while expenditure on buildings and structures increased by 3.2% to $351m. For the same period, private new capital expenditure for Australia increased by 2.6% to $18,756m.
Comparing June quarter 2006 with June quarter 2005, South Australia's expenditure on equipment, plant and machinery fell by 1.4%; expenditure on buildings and structures grew by 27.2%; and total private new capital expenditure increased by 5.8%. Nationally, total private new capital expenditure increased by 21.3%.
PRIVATE NEW CAPITAL EXPENDITURE, Trend,
Chain volume measures, South Australia
Source: Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0)
MINERAL AND PETROLEUM EXPLORATION EXPENDITURE
Since the March quarter 2005, when continuous data on mineral exploration by mineral type in South Australia became available, South Australian expenditure (in original terms) on non-petroleum mineral exploration quadrupled, from $14.0m to $56.5m in the June 2006 quarter. Over the same period, Australian expenditure on non-petroleum mineral exploration increased by about 58% from $225.8m to ($357.4m).
The South Australian increase is reflected in both exploration of new deposits (up from $2.6m to $11.2m), and exploration of existing deposits ($11.4m to $45.2m).
The main mineral types attracting the growth in South Australian mineral exploration were base metals (increasing from $7.6m to $32.1m), copper (from $6.9m to $27.6m) and Uranium (from $2.5m to $10.5m).
Petroleum expenditure data for South Australia were only available on a continuous basis from the March 2005 quarter. South Australian expenditure on petroleum exploration more than trebled between the March quarter 2005 and the June quarter 2006 (from $9.8m to $33.0m). Nationally, expenditure on petroleum exploration increased from $269.2m in the March quarter 2005 to $379.9m in the June 2006 quarter (a 41.1% increase).
MINERAL AND PETROLEUM EXPLORATION EXPENDITURE,
Original, South Australia
Source: Mineral and Petroleum Exploration, Australia (cat. no. 8412.0)
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