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5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Sep 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/11/2015   
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SEPTEMBER KEY FIGURES

Sep Qtr 15
Jun Qtr 15 to Sep Qtr 15
Sep Qtr 14 to Sep Qtr 15
$m
% change
% change

Trend estimates(a)
Total new capital expenditure
31 949
-6.5
-17.8
Buildings and structures
20 217
-7.0
-21.7
Equipment, plant and machinery
11 837
-4.7
-9.3
Seasonally adjusted(a)
Total new capital expenditure
31 398
-9.2
-20.0
Buildings and structures
19 832
-9.8
-23.6
Equipment, plant and machinery
11 565
-8.2
-12.7

(a) In volume terms

New Capital Expenditure, in volume terms
Graph: Total asset, total industry



SEPTEMBER KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)
  • The trend volume estimate for total new capital expenditure fell 6.5% in the September quarter 2015 while the seasonally adjusted estimate fell 9.2%.
  • The trend volume estimate for buildings and structures fell 7.0% in the September quarter 2015 while the seasonally adjusted estimate fell 9.8%.
  • The trend volume estimate for equipment, plant and machinery fell 4.7% in the September quarter 2015 while the seasonally adjusted estimate fell 8.2%.


EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
  • This issue includes the fourth estimate (Estimate 4) for 2015-16.
  • Estimate 4 for 2015-16 is $120,353m. This is 20.9% lower than Estimate 4 for 2014-15. Estimate 4 is 4.0% higher than Estimate 3 for 2015-16.
  • See pages 7-10 for further commentary on expectations data.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2015 25 February 2016
March 2016 26 May 2016
June 2016 25 August 2016
September 2016 24 November 2016



CHANGES TO THIS ISSUE
  • Each September quarter, the reference and base year for chain volume estimates for the Survey of Private New Capital Expenditure are updated. A new base year, 2013-14, has been introduced into the chain volume estimates which has resulted in minor revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2013-14. Additivity is preserved in the quarters of the reference year and subsequent quarters. Re-referencing affects the level of, but not the movements in, chain volume estimates.
  • As happens each year, a seasonal review has been undertaken based on estimates up to and including the June quarter 2015. This review has not resulted in noteworthy revisions to estimates up to and including June quarter 2015. There are no noteworthy revisions to previous estimates.


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