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. Commentary in this section includes reference to some unpublished data, providing some further analysis of change in these estimates by detailed industry. 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 2010-11 is $123,941 million. This is 19.5% higher than Estimate 4 for 2009-10. The main contributors to this increase were Mining (46.6%) and Rental, Hiring and Real Estate Services (40.1%). Estimate 4 for total capital expenditure is flat compared with Estimate 3 for 2010-11.

BUILDINGS AND STRUCTURES

Estimate 4 for buildings and structures for 2010-11 is $74,749 million. This is 37.6% higher than Estimate 4 for 2009-10. The main contributors to this increase were Mining (52.0%) and Other Selected Industries (19.8%). Estimate 4 for buildings and structures is 2.1% lower than Estimate 3 for 2010-11. The main contributor to this decrease was Mining (-4.4%).

EQUIPMENT, PLANT AND MACHINERY

Estimate 4 for equipment, plant and machinery for 2010-11 is $49,193 million. This is 0.3% lower than Estimate 4 for 2009-10. Mining has increased (29.3%), however, this has been offset by Other Selected Industries (-8.9%). By major industry, the main contributors to this decrease were Transport, Postal and Warehousing (-18.1%) and Other Selected Services (-20.1%). Estimate 4 for equipment, plant and machinery is 3.3% higher than Estimate 3 for 2010-11. The main contributors to this increase were Mining (5.2%) and Other Selected Industries (3.0%)

MINING

Estimate 4 for Mining for 2010-11 is $55,355 million. This is 46.6% higher than the corresponding estimate for 2009-10. Estimate 4 is 2.5% lower than Estimate 3 for 2010-11. Buildings and structures is 4.4% lower and equipment, plant and machinery is 5.2% higher than the corresponding third estimates for 2010-11.

MANUFACTURING

Estimate 4 for Manufacturing for 2010-11 is $13,774 million. This is 12.1% higher than the corresponding estimate for 2009-10. Estimate 4 is 1.9% lower than Estimate 3 for 2010-11. Buildings and structures is 5.7% lower and equipment, plant and machinery is 1.4% higher than the corresponding third estimates for 2010-11.

OTHER SELECTED INDUSTRIES

Estimate 4 for Other Selected Industries for 2010-11 is $54,813 million. This is 2.2% higher than Estimate 4 for 2009-10. Rental, Hiring and Real Estate Services (40.1%) was the main contributor to the increase. Building and structures is 19.8% higher and equipment, plant and machinery is 8.9% lower. Estimate 4 for Other Selected Industries is 3.2% higher than Estimate 3 for 2010-11. Buildings and structures is 3.4% higher and equipment, plant and machinery is 3.0% higher than the corresponding third estimates for 2010-11.