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DECEMBER KEY FIGURES

		Dec Qtr 12	Sep Qtr 12 to Dec Qtr 12	Dec Qtr 11 to Dec Qtr 12
		$m	% change	% change
Trend estimates(a)
	Total new capital expenditure	41 385	0.1	8.8
	Buildings and structures	25 951	-0.6	10.9
	Equipment, plant and machinery	15 428	1.3	5.0
Seasonally adjusted(a)
	Total new capital expenditure	40 988	-1.2	10.0
	Buildings and structures	25 783	-0.6	14.2
	Equipment, plant and machinery	15 205	-2.3	3.5
(a) In volume terms

New Capital Expenditure, in Volume terms

• The trend volume estimate for total new capital expenditure rose 0.1% in the December quarter 2012 while the seasonally adjusted estimate fell 1.2%.
• The trend volume estimate for buildings and structures fell 0.6% in the December quarter 2012 while the seasonally adjusted estimate fell 0.6%.
• The trend volume estimate for equipment, plant and machinery rose 1.3% in the December quarter 2012 while the seasonally adjusted estimate fell 2.3%.

• This issue includes the fifth estimate (Estimate 5) for 2012-13 and the first estimate (Estimate 1) for 2013-14.
• Estimate 5 for 2012-13 is $168,235m. This is 4.0% higher than Estimate 5 for 2011-12. Estimate 5 is 1.3% lower than Estimate 4 for 2012-13.
• Estimate 1 for 2013-14 is $152,494m. This is 8.1% lower than Estimate 1 for 2012-13.
• See pages 7 to 10 for further commentary on expectations data.

• 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.

• The September quarter 2012 estimate for total capital expenditure has been revised downwards $763 million (-1.9%) in current price, original terms. The revision was due to updated information received from survey respondents for Mining and Manufacturing. Within the total revision, equipment, plant and machinery has been revised downwards $66 million (-0.5%) and buildings and structures has been revised downwards $697 million (-2.6%). Revisions to seasonally adjusted estimates are due to revisions to original estimates as well as the concurrent methodology for deriving seasonal factors.

• The ABS has suppressed the release of some data in the December quarter release of 5625.0. Tables affected include electronic tables 10A and 10B; Actual and Expected Capital Expenditure by Asset - Western Australia Current Prices, and Actual and Expected Capital Expenditure by Industry - Western Australia Current Prices.
  The data items affected include original current price estimates of:
  Short Term Expected Expenditure - Buildings and Structures
  Short Term Expected Expenditure - Total
  Long Term Expected Expenditure - Buildings and Structures
  Long Term Expected Expenditure - Total
  Short Term Expected Expenditure - Mining
  Short Term Expected Expenditure - Total
  Long Term Expected Expenditure - Mining
  Long Term Expected Expenditure - Total