ACTUAL NEW CAPITAL EXPENDITURE IN VOLUME TERMS


TOTAL CAPITAL EXPENDITURE

The trend estimate for total new capital expenditure rose by 5.3% in the June quarter 2007. This follows the break in the trend series in the March quarter 2007. The growth has come through in Other selected industries which rose 6.9% this quarter while Manufacturing fell by 3.8%. The seasonally adjusted series for total new capital expenditure rose by 6.3% in the June quarter 2007.

BUILDINGS AND STRUCTURES

Buildings and structures trend estimate has risen 5.9% in the June quarter 2007. The seasonally adjusted estimate for buildings and structures rose by 4.3% in the June quarter 2007 with a 12.0% rise in Other selected industries the main contributor.

EQUIPMENT, PLANT AND MACHINERY

The trend estimate for equipment, plant and machinery rose by 4.5% in the June quarter 2007. Both Mining (7.8%) and Other selected industries (6.9%) increased this quarter while Manufacturing fell (-3.8%). The seasonally adjusted series has risen by 5.5% this quarter with all publication industries increasing.

MINING

The trend estimate for Mining has risen 7.8% in the June quarter 2007. Both asset classes have risen this quarter, building by 6.2% and equipment by 10.6%. In seasonally adjusted terms the Mining estimate rose by 5.6%. This increase was driven by the equipment, plant and machinery asset class (15.8%) while building and structures had a more moderate increase of 1.6%.

MANUFACTURING

The Manufacturing trend estimate fell by 3.8% in the June quarter 2007 which is the sixth consecutive fall. Building and structures fell 12.6% while equipment, plant and machinery had a small fall of 1.0%. In seasonally adjusted terms, the Manufacturing estimate fell by 3.7%, which is the seventh consecutive fall. Building and structures fell by 14.9% while equipment, plant and machinery was relatively unchanged (0.3%).

OTHER SELECTED INDUSTRIES

The trend estimate for Other selected industries rose by 6.9% in the June quarter 2007. Both asset classes rose with building and structures increasing by 9.7% and equipment, plant and machinery by 5.2%. The seasonally adjusted estimate for Other selected industries increased by 9.5%. In terms of asset classes, buildings and structures rose by 12.0% and equipment, plant and machinery by 5.6%.