INVESTMENT
PRIVATE NEW CAPITAL EXPENDITURE
Between the September 2006 and the December 2006 quarters, the South Australian chain volume (trend) estimate of private new capital expenditure decreased by 0.3% to $1,140m. Expenditure on equipment, plant and machinery remained unchanged at $756m, while expenditure on buildings and structures decreased by 0.8% to $384m. For the same period, private new capital expenditure for Australia decreased by 2.3% to $17,814m.
Comparing the December 2006 quarter with the December 2005 quarter, South Australia's total private new capital expenditure did not change. Expenditure on equipment, plant and machinery fell by 7.5%; expenditure on buildings and structures grew by 19.3%. Nationally, total private new capital expenditure decreased by 0.1%.
PRIVATE NEW CAPITAL EXPENDITURE, Trend,
Chain volume measures, South Australia