MARCH KEY FIGURES
| | Mar Qtr 16 | Dec Qtr 15 to Mar Qtr 16 | Mar Qtr 15 to Mar Qtr 16 |
| | $m | % change | % change |
|
Trend estimates(a) | | | |
| Total new capital expenditure | 30 724 | -2.8 | -15.4 |
| Buildings and structures | 19 160 | -3.6 | -18.0 |
| Equipment, plant and machinery | 11 621 | -1.0 | -10.2 |
Seasonally adjusted(a) | | | |
| Total new capital expenditure | 30 613 | -5.2 | -15.4 |
| Buildings and structures | 18 860 | -7.9 | -18.8 |
| Equipment, plant and machinery | 11 753 | -0.5 | -9.2 |
|
(a) In volume terms |
New Capital Expenditure, in volume terms
| |
MARCH KEY POINTS
ACTUAL EXPENDITURE (VOLUME TERMS)
- The trend volume estimate for total new capital expenditure fell by 2.8% in the March quarter 2016 while the seasonally adjusted estimate fell by 5.2%.
- The trend volume estimate for buildings and structures fell by 3.6% in the March quarter 2016 while the seasonally adjusted estimate fell by 7.9%.
- The trend volume estimate for equipment, plant and machinery fell by 1.0% in the March quarter 2016 while the seasonally adjusted estimate fell by 0.5%.
EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
- This issue includes the sixth estimate (Estimate 6) for 2015-16 and the second estimate (Estimate 2) for 2016-17.
- Estimate 6 for 2015-16 is $126,819m. This is 15.3% lower than Estimate 6 for 2014-15. Estimate 6 is 2.9% higher than Estimate 5 for 2015-16.
- Estimate 2 for 2016-17 is $89,231m. This is 14.6% lower than Estimate 2 for 2015-16. Estimate 2 is 6.3% higher than Estimate 1 for 2016-17.
- See pages 7-10 for further commentary on expectations data.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
June 2016 | 1 September 2016 |
September 2016 | 24 November 2016 |
December 2016 | 23 February 2017 |
March 2017 | 25 May 2017 |
CHANGES TO THIS ISSUE
There are 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.
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