ACTUAL AND EXPECTED NEW CAPITAL EXPENDITURE


FINANCIAL YEARS AT CURRENT PRICES

The graphs below show the seven estimates of actual and expected expenditure for each financial year. The estimates appearing below relate to data contained in Tables 5 and 6. Advice about the application of realisation ratios to these estimates is in paragraphs 26 to 29 of the Explanatory Notes.

The timing and construction of these estimates are as follows:

TOTAL CAPITAL EXPENDITURE

Estimate 4 for total capital expenditure for 2009-10 is $105,010 million. This is 7.7% lower than Estimate 4 for 2008-09. The key contributors to this decline have been Mining (-15.1%), Manufacturing (-10.1%) and Rental, Hiring and Real Estate Services (-8.7%). Estimate 4 is 5.9% higher than Estimate 3 for 2009-10. By major industry group, the key contributor to this rise was the total for Other selected industries (7.7%). Manufacturing rose 6.4% and Mining rose 3.2% between these estimates.

BUILDINGS AND STRUCTURES

Estimate 4 for buildings and structures for 2009-10 is $55,061 million which is 9.8% lower than Estimate 4 for buildings and structures for 2008-09. The main contributor to this fall was Mining (-13.2%). Estimate 4 for buildings and structures is 2.7% higher than Estimate 3 for 2009-10. The main contributors to this rise were Mining (2.4%) and Information Media and Telecommunications (18.1%).

EQUIPMENT, PLANT AND MACHINERY

Estimate 4 for equipment, plant and machinery for 2009-10 is $49,949m. This is 5.4% lower than the same estimate for 2008-09. The largest contributors to this fall were Mining (-20.6%) and Manufacturing (-19.0%). Estimate 4 for equipment, plant and machinery for 2009-10 is 9.6% higher than for Estimate 3 for 2009-10. The main contributors to this rise were Rental, Hiring and Real Estate Services (22.4%) and Transport and Storage (15.2%).

MINING

Estimate 4 for Mining for 2009-10 is $38,104 million. This is 15.1% lower than Estimate 4 for 2008-09. Buildings and structures fell 13.2% and equipment, plant and machinery fell 20.6%. Estimate 4 is 3.2% higher than Estimate 3 for 2009-10. Buildings and structures rose 2.4% and equipment, plant and machinery rose 5.7%.

MANUFACTURING

Estimate 4 for Manufacturing for 2009-10 is $12,030 million. This is 10.1% lower than Estimate 4 for 2008-09. Buildings and structures rose 6.9% while equipment, plant and machinery fell 19.0%. Estimate 4 is 6.4% higher than Estimate 3 for 2009-10. Buildings and structures rose 11.9% and equipment, plant and machinery rose 2.9%.

OTHER SELECTED INDUSTRIES

Estimate 4 for Other Selected Industries for 2009-10 is $54,876 million. This is 1.2% lower than Estimate 4 for 2008-09. Buildings and structures fell 8.1% while equipment, plant and machinery rose 3.8%. Estimate 4 is 7.7% higher than Estimate 3 for 2009-10. Buildings and structures rose 1.3% and equipment, plant and machinery rose by 12.2%.