1345.4 - SA Stats, Jun 2011  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/06/2011  Final
   Page tools: Print Print Page Print all pages in this productPrint All

INVESTMENT


PRIVATE NEW CAPITAL EXPENDITURE

Between the December quarter 2010 and March quarter 2011, the South Australian chain volume (trend) estimate of private new capital expenditure rose by 6.4% to $1,517m. Expenditure on Buildings and structures rose $49m (8.1%) to $651m, and expenditure on Equipment, plant and machinery rose $42m (5.1%) to $865m.

Over the same period, private new capital expenditure for Australia rose $981m (3.3%) to $30,915m. Expenditure on Equipment, plant and machinery rose 2.6%, and expenditure on Buildings and structures rose 3.8%.

PRIVATE NEW CAPITAL EXPENDITURE, South Australia - Chain volume measures - Trend
Graph: PRIVATE NEW CAPITAL EXPENDITURE, South Australia - Chain volume measures - Trend



MINERAL AND PETROLEUM EXPLORATION EXPENDITURE

The value of South Australian mineral exploration expenditure (in original terms) was $62.6m in the March quarter 2011; an increase of 5.1% over the previous quarter but 34.2% below the peak recorded in the June quarter 2008 ($95.2m). Australian expenditure on mineral exploration was $644.6m in the March quarter 2011; a decrease of 8.4% from the December quarter 2010 estimate ($703.3m).

Exploration expenditure on Copper ($25.1m) and Iron ore ($13.9m) accounted for nearly two thirds (62.3%) of all South Australian mineral exploration expenditure in the March quarter 2011. A further $9.3m was spent on exploration for Uranium.

Expenditure on petroleum exploration in South Australia in the March quarter 2011 rose to $28.3m, up (88.0%) from $15.1m the previous quarter. The latest figure is more than double (106.6%) the expenditure recorded in March 2010 ($13.7m). Nationally, expenditure on petroleum exploration decreased by 9.8% from $849.6m to $766.1m between the December quarter 2010 and March quarter 2011.

MINERAL AND PETROLEUM EXPLORATION EXPENDITURE, Original, South Australia
Graph: MINERAL AND PETROLEUM EXPLORATION EXPENDITURE, Original, South Australia



*DATA NOTES

Please refer to source publications for impact of floods on data and collections.