DECEMBER KEY FIGURES

		Dec Qtr 10	Sep Qtr 10 to Dec Qtr 10	Dec Qtr 09 to Dec Qtr 10
		$m	% change	% change
Trend estimates(a)
	Total new capital expenditure	29 785	3.5	9.2
	Buildings and structures	15 847	4.9	24.9
	Equipment, plant and machinery	13 878	1.4	-5.0
Seasonally adjusted(a)
	Total new capital expenditure	29 691	1.3	5.6
	Buildings and structures	15 412	-2.8	20.8
	Equipment, plant and machinery	14 279	6.1	-7.1
(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 rose 3.5% in the December quarter 2010 while the seasonally adjusted estimate rose 1.3%.
• The trend volume estimate for buildings and structures rose 4.9% in the December quarter 2010 while the seasonally adjusted estimate fell 2.8%.
• The trend volume estimate for equipment, plant and machinery rose 1.4% in the December quarter 2010 while the seasonally adjusted estimate rose 6.1%.

EXPECTED EXPENDITURE (CURRENT PRICE TERMS)

• This issue includes the fifth estimate (Estimate 5) for 2010-11 and the first estimate (Estimate 1) for 2011-12.
• Estimate 5 for 2010-11 is $128,931m. This is 16.2% higher than Estimate 5 for 2009-10. Estimate 5 is 3.6% higher than Estimate 4 for 2010-11.
• Estimate 1 for 2011-12 is $132,716m. This is 30.3% higher than Estimate 1 for 2010-11.
• See pages 6 to 10 for further commentary on expectations data.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
March 2011	26 May 2011
June 2011	25 August 2011
September 2011	24 November 2011
December 2011	23 February 2012

IMPACT OF THE FLOODS

Heavy rain and flooding occurred in Queensland in December 2010. This publication presents the first significant economic impact of this and floods in other states.

Data collection activities for December quarter 2010, particularly in Queensland, were affected by the floods, however, this has not affected the data quality or reliability of the Australian series. The estimates for Queensland, particularly in the mining industry, have been impacted by lower than usual response to the survey and therefore should be used with caution.


CHANGES IN THIS ISSUE

As happens each December quarter, the Survey of Private New Capital Expenditure and Expected Expenditure produces expected capital expenditure data by state. These data are available from the Downloads tab of this issue on the ABS website.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Liz Bolzan-Aravena on Sydney (02) 9268 4508.