5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Mar 2009 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/05/2009   
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ACTUAL NEW CAPITAL EXPENDITURE IN VOLUME TERMS


TOTAL CAPITAL EXPENDITURE

The trend estimate for total new capital expenditure fell 0.7% in the March quarter 2009. By asset type, the trend estimate for buildings and structures in volume terms rose 4.4% while equipment, plant and machinery fell 5.3%. The seasonally adjusted series for total new capital expenditure fell 8.9% in the March quarter 2009.

Graph: Total Capital Expenditure, CVM


BUILDINGS AND STRUCTURES

The trend estimate for buildings and structures rose 4.4% in the March quarter 2009. Mining buildings rose 6.1% and Other selected industries rose 3.9%, compared to a fall for Manufacturing (-0.3%). The seasonally adjusted estimate for buildings and structures fell 4.7% in the March quarter 2009.

Graph: Building, CVM


EQUIPMENT, PLANT AND MACHINERY

The trend estimate for equipment, plant and machinery fell 5.3% in the March quarter 2009. Other selected industries fell 6.0%, Mining fell 4.6% and Manufacturing fell 3.2% in the quarter. The seasonally adjusted series fell 10.8%. Weakness was widespread. In seasonally adjusted terms, Other selected industries fell 13.2%, Manufacturing fell 7.1% and Mining fell 6.9% in the quarter.

Graph: Equipment, Plant and Machinery, CVM


MINING

The trend estimate for Mining rose 3.7% in the March quarter 2009. The buildings and structures asset type rose 6.1%, against a fall of 4.6% for equipment, plant and machinery. The seasonally adjusted March quarter estimate for Mining fell 1.2%. By asset type, buildings and structures rose 0.7% in the quarter compared to a fall of 6.9% in equipment, plant and machinery, in seasonally adjusted terms.

Graph: Mining, CVM


MANUFACTURING

The Manufacturing trend estimate fell 2.4% in the March quarter 2009. Buildings and structures fell 0.3% while equipment, plant and machinery fell 3.2%. In seasonally adjusted terms the Manufacturing estimate fell 12.2%. Buildings and structures fell 21.9% while equipment, plant and machinery fell 7.1%.

Graph: Manufacturing, CVM


OTHER SELECTED INDUSTRIES

The trend estimate for Other selected industries fell 3.2% in the March quarter 2009. Buildings and structures rose 3.9% while equipment, plant and machinery fell 6.0%. The seasonally adjusted estimate for Other selected industries fell 13.1%. Buildings and structures fell 7.7% and equipment, plant and machinery fell 13.2%.

Graph: Other Selected Industries, CVM