ACTUAL NEW CAPITAL EXPENDITURE IN VOLUME TERMS


TOTAL CAPITAL EXPENDITURE

The trend estimate for total new capital expenditure rose 5.9% in the December quarter 2011. By asset type, the trend estimate for buildings and structures rose 8.1% and equipment, plant and machinery rose 2.1%. The seasonally adjusted estimate for total new capital expenditure fell 0.3% in the December quarter 2011.

BUILDINGS AND STRUCTURES

The trend estimate for buildings and structures rose 8.1% in the December quarter 2011. Buildings and structures for Mining rose 13.4%, Manufacturing rose 1.1% while Other Selected Industries fell 2.3%. The seasonally adjusted estimate for buildings and structures rose 0.9% in the December quarter 2011. Mining rose 5.4%, while Manufacturing fell 12.3% and Other Selected Industries fell 6.3% in seasonally adjusted terms.

The proportion of expenditure on items which are classified as buildings and structures in this publication that is imported has been increasing because of major mining projects. For a description of buildings and structures see paragraph 45 of the explanatory notes. For more detail of imports of goods, see International Trade in Goods and Services, Australia (cat. no. 5368.0)

EQUIPMENT, PLANT AND MACHINERY

The trend estimate for equipment, plant and machinery rose 2.1% in the December quarter 2011. Equipment, plant and machinery for Mining rose 7.5%, Manufacturing rose 0.4% and Other Selected Industries rose 0.4%. The seasonally adjusted estimate for equipment, plant and machinery fell 2.1% in the December quarter 2011. Mining rose 6.6%, while Manufacturing fell 6.5% and Other Selected Industries fell 4.0% in seasonally adjusted terms.

MINING

The trend estimate for Mining rose 13.2% in the December quarter 2011. Buildings and structures rose 13.4% and equipment, plant and machinery rose 7.5%. The seasonally adjusted estimate for Mining rose 5.6% in the December quarter 2011. Buildings and structures rose 5.4% and equipment, plant and machinery rose 6.6% in seasonally adjusted terms.

MANUFACTURING

The trend estimate for Manufacturing rose 0.7% in the December quarter 2011. Buildings and structures rose 1.1% and equipment, plant and machinery rose 0.4%. The seasonally adjusted estimate for Manufacturing fell 9.0% in the December quarter 2011. Buildings and structures fell 12.3% and equipment, plant and machinery fell 6.5% in seasonally adjusted terms.

OTHER SELECTED INDUSTRIES

The trend estimate for Other Selected Industries fell 0.6% in the December quarter 2011. Buildings and structures fell 2.3% while equipment, plant and machinery rose 0.4%. The seasonally adjusted estimate for Other Selected Industries fell 4.8% in the December quarter 2011. Buildings and structures fell 6.3% and equipment, plant and machinery fell 4.0% in seasonally adjusted terms.