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MARCH KEY FIGURES

		Mar Qtr 15	Dec Qtr 14 to Mar Qtr 15	Mar Qtr 14 to Mar Qtr 15
		$m	% change	% change
Trend estimates(a)
	Total new capital expenditure	36 399	-2.3	-5.7
	Buildings and structures	23 553	-3.7	-10.8
	Equipment, plant and machinery	12 902	0.7	5.8
Seasonally adjusted(a)
	Total new capital expenditure	35 895	-4.4	-5.3
	Buildings and structures	23 100	-6.5	-9.5
	Equipment, plant and machinery	12 795	-0.5	3.5
(a) In volume terms

New Capital Expenditure, in volume terms

• The trend volume estimate for total new capital expenditure fell 2.3% in the March quarter 2015 while the seasonally adjusted estimate fell 4.4%.
• The trend volume estimate for buildings and structures fell 3.7% in the March quarter 2015 while the seasonally adjusted estimate fell 6.5%.
• The trend volume estimate for equipment, plant and machinery rose 0.7% in the March quarter 2015 while the seasonally adjusted estimate fell 0.5%.

• This issue includes the sixth estimate (Estimate 6) for 2014-15 and the second estimate (Estimate 2) for 2015-16.
• Estimate 6 for 2014-15 is $149,946m. This is 8.1% lower than Estimate 6 for 2013-14. Estimate 6 is 0.6% lower than Estimate 5 for 2014-15.
• Estimate 2 for 2015-16 is $104,033m. This is 24.6% lower than Estimate 2 for 2014-15. Estimate 2 is 1.4% higher than Estimate 1 for 2015-16.
• See pages 7-10 for further commentary on expectations data.

• The December quarter estimate for expected expenditure in 2015-16, Estimate 1, has been revised downwards by $7,228m (-6.6%). Buildings and structures was revised downwards by $6,788m (-8.9%) and equipment, plant and machinery was revised downwards by $440m (-1.3%). The December quarter estimate of short term expectation for total capital expenditure in the six months ending 30th June 2015 was revised downwards by $2,196m (-3.0%) and the estimate for actual total capital expenditure for the December quarter 2014 was revised upwards by $338m (+0.8%) in original, current price terms. The revisions are due to updated information received from survey respondents.