DECEMBER KEY FIGURES
| | Dec Qtr 15 | Sep Qtr 15 to Dec Qtr 15 | Dec Qtr 14 to Dec Qtr 15 |
| | $m | % change | % change |
|
Trend estimates(a) | | | |
| Total new capital expenditure | 31 302 | -4.0 | -17.7 |
| Buildings and structures | 20 000 | -3.5 | -19.6 |
| Equipment, plant and machinery | 11 366 | -4.2 | -13.8 |
Seasonally adjusted(a) | | | |
| Total new capital expenditure | 31 941 | 0.8 | -16.4 |
| Buildings and structures | 20 401 | 1.2 | -18.5 |
| Equipment, plant and machinery | 11 540 | 0.1 | -12.4 |
|
(a) In volume terms |
New Capital Expenditure, in volume terms
| |
DECEMBER KEY POINTS
ACTUAL EXPENDITURE (VOLUME TERMS)
- The trend volume estimate for total new capital expenditure fell 4.0% in the December quarter 2015 while the seasonally adjusted estimate rose 0.8%.
- The trend volume estimate for buildings and structures fell 3.5% in the December quarter 2015 while the seasonally adjusted estimate rose 1.2%.
- The trend volume estimate for equipment, plant and machinery fell 4.2% in the December quarter 2015 while the seasonally adjusted estimate rose 0.1%.
EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
- This issue includes the fifth estimate (Estimate 5) for 2015-16 and the first estimate (Estimate 1) for 2016-17.
- Estimate 5 for 2015-16 is $123,956m. This is 17.8% lower than Estimate 5 for 2014-15. Estimate 5 is 0.6% lower than Estimate 4 for 2015-16.
- Estimate 1 for 2016-17 is $82,572m. This is 19.5% lower than Estimate 1 for 2015-16.
- See pages 7-10 for further commentary on expectations data.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
March 2016 | 26 May 2016 |
June 2016 | 25 August 2016 |
September 2016 | 24 November 2016 |
December 2016 | 23 February 2017 |
CHANGES TO THIS ISSUE
- As with each December quarter, this issue includes expected capital expenditure data by state. These data are available from the Downloads tab of this issue on the ABS website.
DATA NOTES
Mining projects tend to be complex in structure and comprise a number of different investment activities including exploration, engineering construction, plant and equipment and buildings. A feature article released in the March 2012 issue of
Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0) provides a summary of the conceptual basis of the relevant ABS publications that measure investment in Australia, using a hypothetical mining project to illustrate how this investment is reflected in ABS data.
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