JUNE KEY FIGURES

		Jun Qtr 09	Mar Qtr 09 to Jun Qtr 09	Jun Qtr 08 to Jun Qtr 09
		$m	% change	% change
Trend estimates(a)
	Total new capital expenditure	23 925	-0.6	4.5
	Buildings & structures	12 244	0.9	20.6
	Equipment, plant & machinery	11 659	-2.9	-8.5
Seasonally adjusted(a)
	Total new capital expenditure	24 070	3.3	4.4
	Buildings & structures	12 072	0.7	21.6
	Equipment, plant & machinery	12 008	5.3	-7.1
(a) In volume terms.

New Capital Expenditure, in volume terms

JUNE KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)

• The trend estimate for total new capital expenditure (in volume terms) fell 0.6% in the June quarter 2009 while the seasonally adjusted estimate rose 3.3%.
• The trend estimate for buildings and structures rose 0.9% this quarter while the seasonally adjusted estimate rose 0.7%.
• The equipment, plant and machinery trend volume estimate fell 2.9% in the June quarter 2009. In seasonally adjusted terms the estimate rose 5.3%.

EXPECTED EXPENDITURE (CURRENT PRICE TERMS)

• This issue includes the seventh and final estimate for 2008-09 and the third estimate for 2009-10.
• Estimate 7 for 2008-09 is $101,134m. This is 16.9% higher than Estimate 7 for 2007-08. Estimate 7 is 1.4% higher than Estimate 6 for 2008-09.
• Estimate 3 for 2009-10 is $90,557m. This is 10.4% lower than the third estimate for 2008-09.
• See pages 6 to 9 for further commentary on expectations data.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
September 2009	26 November 2009
December 2009	25 February 2010
March quarter 2010	27 May 2010
June quarter 2010	26 August 2010

INTERPRETING TREND ESTIMATES

The trend series in this publication should be interpreted with caution as the underlying behaviour of a number of series may have been impacted by global economic conditions and the Federal Government's Economic Security Package implemented in December 2008.


CHANGES IN NEXT ISSUE

Commencing with September quarter 2009 reference period, the frame information and sample design for the Survey of Private New Capital Expenditure have been improved by incorporation of the 2006 Australian and New Zealand Standard Industrial Classification (cat. no. 1292.0), replacing the 1993 ANZSIC, the inclusion of non-employing businesses which contribute significantly to economic activity and integration of updated size variable information for each business on the frame. These changes will result in impacts on our Survey estimates, relative to current published historic series.

These changes will be managed for the Survey of Private New Capital Expenditure published statistics by production of revised historic series which align past published estimates to the estimates including statistical changes introduced from September quarter 2009. An information paper describing these changes in more detail is scheduled for release in early November. The information paper will include mock-ups of the time series spreadsheets and publication as they will appear from the September 2009 issue.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Doran on Sydney (02) 9268 4357.