5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Mar 2017 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/06/2017
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MARCH KEY POINTS
ACTUAL EXPENDITURE (VOLUME TERMS)
EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
CHANGES TO THIS ISSUE
This issue contains a feature article titled "The GFC Investment Tax Credit" which is based on the research undertaken by David Rodgers, Research Economist, Reserve Bank of Australia on secondment to the ABS. The article uses business-level data from the Australian Bureau of Statistics’ Survey of New Capital Expenditure, which underlies the Private New Capital Expenditure and Expected Expenditure release, to analyse the effects of an investment tax credit that was in force during the global financial crisis. The article is available on the ABS website <https://www.abs.gov.au>.
Mining projects tend to be complex in structure and comprise a number of different investment activities including exploration, engineering construction, plant and equipment and buildings. A feature article released in the March 2012 issue of Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0) provides a summary of the conceptual basis of the relevant ABS publications that measure investment in Australia, using a hypothetical mining project to illustrate how this investment is reflected in ABS data.
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