5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Dec 2003  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 26/02/2004   
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What If...? Revisions to Trend Estimates


Effect of new seasonally adjusted estimates on trend estimates


Trend revisions

Recent seasonally adjusted and trend estimates are likely to be revised when original estimates for subsequent quarters become available. The approximate effect of possible scenarios on trend estimates for capital expenditure in chain volume terms are presented below by illustrating the impact if next quarter's seasonally adjusted estimate rises or falls by a specified percentage (based on the historical average of movements in seasonally adjusted estimates). For further information, see paragraphs 36 and 37 in the Explanatory Notes.


Buildings and Structures

Graph: cap_graphs_Buildings whatif graph
What if next quarter's seasonally adjusted estimate:
Trend as published
(1) rises by 6.7%
on this quarter
(2) falls by 6.7%
on this quarter
$m
%
$m
%
$m
%
2003
March
3,250
3.6
3,250
3.6
3,250
3.6
June
3,296
1.4
3,292
1.3
3,309
1.8
September
3,328
1.0
3,329
1.1
3,322
0.4
December
3,335
0.2
3,367
1.2
3,285
-1.1

Equipment, Plant and Machinery

Graph: cap_graphs_Equipment whatif graph
What if next quarter's seasonally adjusted estimate:
Trend as published
(1) rises by 4.9%
on this quarter
(2) falls by 4.9%
on this quarter
$m
%
$m
%
$m
%
2003
March
9,980
2.7
9,980
2.7
9,980
2.7
June
10,259
2.8
10,237
2.6
10,300
3.2
September
10,590
3.2
10,598
3.5
10,575
2.7
December
10,922
3.1
11,051
4.3
10,746
1.6

Total Capital Expenditure

Graph: cap_graphs_Total whatif graph
What if next quarter's seasonally adjusted estimate:
Trend as published
(1) rises by 4.4%
on this quarter
(2) falls by 4.4%
on this quarter
$m
%
$m
%
$m
%
2003
March
13,230
2.9
13,230
2.9
13,230
2.9
June
13,553
2.4
13,513
2.1
13,625
3.0
September
13,917
2.7
13,929
3.1
13,890
1.9
December
14,264
2.5
14,494
4.1
13,953
0.4