5625.0 - Private New Capital Expenditure and Expected Expenditure, Australia, Jun 2017 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/08/2017   
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JUNE KEY FIGURES

Jun Qtr 17
Mar Qtr 17 to Jun Qtr 17
Jun Qtr 16 to Jun Qtr 17
$m
% change
% change
Trend estimates(a)
Total new capital expenditure
28 169
0.6
-4.0
Buildings and structures
15 800
0.3
-7.1
Equipment, plant and machinery
12 371
1.1
0.2
Seasonally adjusted(a)
Total new capital expenditure
28 275
0.8
-3.0
Buildings and structures
15 786
-0.6
-5.1
Equipment, plant and machinery
12 489
2.7
-0.1
(a) In volume terms

Graph: Frontpage Total Capex


JUNE KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)
  • The trend volume estimate for total new capital expenditure rose 0.6% in the June quarter 2017 while the seasonally adjusted estimate rose by 0.8%.
  • The trend volume estimate for buildings and structures rose by 0.3% in the June quarter 2017 while the seasonally adjusted estimate fell by 0.6%.
  • The trend volume estimate for equipment, plant and machinery rose by 1.1% in the June quarter 2017 while the seasonally adjusted estimate rose by 2.7%.


EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
  • This issue includes the seventh estimate (Estimate 7) for 2016-17 and the third estimate (Estimate 3) for 2017-18.
  • Estimate 7 for 2016-17 is $114,281m. This is 10.5% lower than Estimate 7 for 2015-16. Estimate 7 is 1.0% higher than Estimate 6 for 2016-17.
  • Estimate 3 for 2017-18 is $101,783m. This is 3.6% lower than Estimate 3 for 2016-17. Estimate 3 is 17.6% higher than Estimate 2 for 2017-18.
  • See pages 7-10 for further commentary on expectations data.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
Sept 2017 30 November 2017
December 2017 1 March 2018
March 2018 31 May 2018
June 2018 30 August 2018



CHANGES TO THIS ISSUE

No changes to this issue.


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.


INQUIRIES

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