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EXPERIMENTAL PROJECTED CAPITAL EXPENDITURE
BUILDINGS AND STRUCTURES
Current price trend estimates for buildings and structures have shown continued growth for the past five years. The expectations are that momentum will continue and the series will surge past the $12,000m level during the 2007-08 financial year.
EQUIPMENT, PLANT AND MACHINERY
The equipment, plant and machinery current price trend series displayed significant growth from June 2004. This strength continued until December 2005 where the trend shifted downwards. The projections of this series indicate a resurgence in the trend in the coming financial year.
Expectations for the Mining industry continue to appear strong and show no sign of slowing in the coming financial year. The projected capital expenditure for the Mining series in 2007-08 will record new historical highs.
The decline experienced in the Manufacturing current price trend series since its peak in 2005-06 is projected to continue through the remainder of 2007. The projected series indicates a slight shift in this movement in the March and June quarters in 2008 and the possibility of a turning point in Manufacturing.
OTHER SELECTED INDUSTRIES
This series was affected by the trend break applied between December quarter 2006 and March quarter 2007. The new trend has shown a large shift in level though the behaviour of the projected series remains similar and the series is projected to be strong in 2007-08.
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