5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Mar 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/05/2016   
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MARCH KEY FIGURES

Mar Qtr 16
Dec Qtr 15 to Mar Qtr 16
Mar Qtr 15 to Mar Qtr 16
$m
% change
% change

Trend estimates(a)
Total new capital expenditure
30 724
-2.8
-15.4
Buildings and structures
19 160
-3.6
-18.0
Equipment, plant and machinery
11 621
-1.0
-10.2
Seasonally adjusted(a)
Total new capital expenditure
30 613
-5.2
-15.4
Buildings and structures
18 860
-7.9
-18.8
Equipment, plant and machinery
11 753
-0.5
-9.2

(a) In volume terms

New Capital Expenditure, in volume terms
Chart: New capital expenditure in volume terms



MARCH KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)
  • The trend volume estimate for total new capital expenditure fell by 2.8% in the March quarter 2016 while the seasonally adjusted estimate fell by 5.2%.
  • The trend volume estimate for buildings and structures fell by 3.6% in the March quarter 2016 while the seasonally adjusted estimate fell by 7.9%.
  • The trend volume estimate for equipment, plant and machinery fell by 1.0% in the March quarter 2016 while the seasonally adjusted estimate fell by 0.5%.


EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
  • This issue includes the sixth estimate (Estimate 6) for 2015-16 and the second estimate (Estimate 2) for 2016-17.
  • Estimate 6 for 2015-16 is $126,819m. This is 15.3% lower than Estimate 6 for 2014-15. Estimate 6 is 2.9% higher than Estimate 5 for 2015-16.
  • Estimate 2 for 2016-17 is $89,231m. This is 14.6% lower than Estimate 2 for 2015-16. Estimate 2 is 6.3% higher than Estimate 1 for 2016-17.
  • See pages 7-10 for further commentary on expectations data.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2016 25 August 2016
September 2016 24 November 2016
December 2016 23 February 2017
March 2017 25 May 2017



CHANGES TO THIS ISSUE

There are no changes to this issue.


DATA NOTES

Mining projects tend to be complex in structure and comprise a number of different investment activities including exploration, engineering construction, plant and equipment and buildings. A feature article released in the March 2012 issue of Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0) provides a summary of the conceptual basis of the relevant ABS publications that measure investment in Australia, using a hypothetical mining project to illustrate how this investment is reflected in ABS data.


INQUIRIES

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