Quarterly statistics about actual and expected private new capex investment spend on buildings and equipment by industry
| Jun Qtr 22 | Mar Qtr 22 to Jun Qtr 22 | Jun Qtr 21 to Jun Qtr 22 | ||
|---|---|---|---|---|
| $m | % change | % change | ||
| Seasonally adjusted(a) | ||||
| Total new capital expenditure | 33907 | -0.3 | 2.0 | |
| Buildings and structures | 17220 | -2.5 | 1.0 | |
| Equipment, plant and machinery | 16687 | 2.1 | 3.2 | |
a. In volume terms
The New Capital Expenditure trend series will be reinstated in September quarter 2022.
The Extraordinary Annual Seasonal Review undertaken this quarter has individually assessed each series to determine how each observation from recent years should be treated for estimation of the seasonal factors used to seasonally adjust the current end of the series. This process has ensured disruption to series caused by COVID-19 does not unduly affect estimates of the seasonal factors.
For series which have used the forward factors method the decision was made to revert these series to concurrent adjustment. The forward factors method is no longer used for any New Capital Expenditure series.
Revisions arising from the annual review are relatively minor for most series, but series which previously used forward factors are likely to have larger revisions.
The graphs below show the seven estimates of actual and expected expenditure for each financial year.
The timing and composition of these estimates are as follows:
| Estimate Based on data reported at: | COMPOSITION OF ESTIMATE | |||
|---|---|---|---|---|
| Data on long-term expected expenditure | Data on Short-term expected expenditure | Data on actual expenditure | ||
1. | Jan-Feb, 5-6 months before period begins | 12 months | Nil | Nil |
2. | Apr-May, 2-3 months before period begins | 12 months | Nil | Nil |
3. | Jul-Aug, at beginning of period | 6 months | 6 months | Nil |
4. | Oct-Nov, 3-4 months into period | 6 months | 3 months | 3 months |
5. | Jan-Feb, 6-7 months into period | Nil | 6 months | 6 months |
6. | Apr-May, 9-10 months into period | Nil | 3 months | 9 months |
7. | Jul-Aug, at end of period | Nil | Nil | 12 months |
| Mar Qtr 22 to Jun Qtr 22 | Jun Qtr 21 to Jun Qtr 22 | |
|---|---|---|
| % change | % change | |
| Mining | -0.3 | 10.1 |
| Manufacturing | 2.2 | 3.9 |
| Electricity, Gas, Water and Waste | -3.9 | -4.2 |
| Construction | 8.1 | 8.2 |
| Wholesale Trade | -3.5 | 4.5 |
| Retail Trade | 9.6 | -12.1 |
| Accommodation and Food Services | 9.6 | 22.3 |
| Transport, Postal and Warehousing | -4.1 | 3.5 |
| Information Media and Telecommunications | -10.2 | -9.3 |
| Financial and Insurance Services | -1.5 | 3.5 |
| Rental, Hiring and Real Estate | 8.1 | 7.0 |
| Professional, Scientific and Technical Services | 6.8 | 1.5 |
| Administrative and Support Services | -5.8 | -7.7 |
| Education and Training | 0.1 | -10.1 |
| Health Care and Social Assistance | -12.6 | -8.3 |
| Arts and Recreation Services | 0.8 | 24.2 |
| Other Services | -25.4 | -54.8 |
| Mar Qtr 22 to Jun Qtr 22 | Jun Qtr 21 to Jun Qtr 22 | |
|---|---|---|
| % change | % change | |
| Mining | -2.9 | 8.2 |
| Manufacturing | 7.7 | 1.8 |
| Electricity, Gas, Water and Waste | -5.3 | -4.6 |
| Construction | 75.0 | 12.6 |
| Wholesale Trade | 2.1 | 12.8 |
| Retail Trade | -2.4 | -9.6 |
| Accommodation and Food Services | 28.2 | 54.5 |
| Transport, Postal and Warehousing | -11.2 | -12.5 |
| Information Media and Telecommunications | -15.9 | -9.9 |
| Financial and Insurance Services | -1.8 | -32.2 |
| Rental, Hiring and Real Estate | 8.5 | 2.9 |
| Professional, Scientific and Technical Services | 4.5 | 32.4 |
| Administrative and Support Services | -21.7 | -18.8 |
| Education and Training | 3.6 | -7.1 |
| Health Care and Social Assistance | -8.5 | -4.5 |
| Arts and Recreation Services | 0.9 | 22.6 |
| Other Services | 11.2 | -16.8 |
| Mar Qtr 22 to Jun Qtr 22 | Jun Qtr 21 to Jun Qtr 22 | |
|---|---|---|
| % change | % change | |
| Mining | 6.2 | 14.4 |
| Manufacturing | 0.4 | 4.7 |
| Electricity, Gas, Water and Waste | 5.6 | -1.8 |
| Construction | 6.0 | 8.0 |
| Wholesale Trade | -5.1 | 2.1 |
| Retail Trade | 13.8 | -12.8 |
| Accommodation and Food Services | -0.9 | 6.1 |
| Transport, Postal and Warehousing | 0.9 | 16.5 |
| Information Media and Telecommunications | 17.2 | -7.2 |
| Financial and Insurance Services | -1.5 | 17.1 |
| Rental, Hiring and Real Estate | 7.6 | 13.7 |
| Professional, Scientific and Technical Services | 7.0 | -2.2 |
| Administrative and Support Services | -1.3 | -4.9 |
| Education and Training | -7.6 | -17.3 |
| Health Care and Social Assistance | -17.4 | -12.6 |
| Arts and Recreation Services | 0.7 | 26.3 |
| Other Services | -37.5 | -64.4 |
| Mar Qtr 22 to Jun Qtr 22 | Jun Qtr 21 to Jun Qtr 22 | |
|---|---|---|
| % change | % change | |
| New South Wales | 0.4 | -5.2 |
| Victoria | 7.7 | 6.4 |
| Queensland | -0.7 | 5.4 |
| South Australia | -0.1 | -2.9 |
| Western Australia | 2.5 | 6.3 |
| Tasmania | 0.0 | 6.5 |
| Northern Territory | 5.8 | 8.2 |
| Australian Capital Territory | -14.9 | -1.8 |
Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website.
Please check the reference period when using Data Explorer.
Private New Capital Expenditure and Expected Expenditure - estimates of actual and expected new capital expenditure by private businesses for selected industries in Australia
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This release previously used catalogue number 5625.0.