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ACTUAL AND EXPECTED NEW CAPITAL EXPENDITURE
TOTAL CAPITAL EXPENDITURE
Estimate 7, recorded at $77,341m for 2006-07 is 6.5% higher than the corresponding estimate for the previous year. This increase comes through the buildings and structures asset class which rose by 17.6%, while equipment, plant and machinery fell by 1.0% between the two estimates. Mining showed strong growth by increasing 18.6% as did Other selected industries which rose 8.8%. A fall in Manufacturing of 14.0% tempered these rises.
BUILDING AND STRUCTURES
Estimate 7 for 2006-07 is at $34,176m. This is a rise of 17.6% from the same estimate in 2005-06. Mining (24.1%) and Other selected industries (25.8%) recorded strong upwards movements while Manufacturing fell by 17.6%.
EQUIPMENT, PLANT AND MACHINERY
Estimate 7 for 2006-07 was relatively unchanged (-1.0%) from the previous financial year which remains the historical high for Estimate 7. Estimate 7 for 2006-07 is $43,165m. In comparison to Estimate 6 there has been a small increase of 2.1%.
Estimate 7 for 2006-07 was recorded at $22,062m and is 18.6% higher than the corresponding estimate in 2005-06. There has been growth across both asset classes with building and structures rising 24.1% and equipment, plant and machinery 5.6%. Estimate 7 is 5.7% lower than estimate 6 this quarter. This decline resulted from a decrease in both asset types with building 7.5% lower and equipment 0.3% lower.
Estimate 7 for 2006-07 at $13,267m is 14.0% lower than the corresponding estimate in 2005-06. This decline has been seen in both equipment, plant and machinery (-12.3%) and building and structures (-17.6%). Estimate 7 has fallen by 3.3% from estimate 6 with both building and structures (-3.3%) and equipment, plant and machinery (-3.2%) recording similar declines.
OTHER SELECTED INDUSTRIES
Telstra has been included in these data since the March quarter 2007. Estimate 7 has risen 8.8% compared with estimate 7 for 2005-06. The growth is a result mainly through increases in expenditure in the building asset class (25.8%) while equipment had a more modest rise of 2.0%. Estimate 7 has risen a relatively small 1.9% from estimate 6 with the larger contribution coming from equipment (4.5%).
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