MARCH KEY FIGURES
| | Mar Qtr 08 | Dec Qtr 07 to Mar Qtr 08 | Mar Qtr 07 to Mar Qtr 08 | |
| | $m | % change | % change | |
| |
Trend estimates(a) | | | | |
| Total new capital expenditure | 20 648 | 0.4 | 5.5 | |
| Buildings & structures | 8 986 | 1.3 | 7.6 | |
| Equipment, plant & machinery | 11 680 | -0.2 | 4.0 | |
Seasonally adjusted(a) | | | | |
| Total new capital expenditure | 20 559 | -2.5 | 4.6 | |
| Buildings & structures | 9 031 | -0.8 | 6.5 | |
| Equipment, plant & machinery | 11 579 | -2.6 | 2.6 | |
| |
(a) In volume terms. |
New Capital Expenditure, in volume terms
| |
MARCH KEY POINTS
ACTUAL EXPENDITURE (VOLUME TERMS)
- The trend estimate for total new capital expenditure (in volume terms) rose 0.4% in the March quarter 2008 while the seasonally adjusted estimate fell 2.5%.
- The equipment, plant and machinery trend volume estimate fell 0.2% in the March quarter 2008. In seasonally adjusted terms the estimate fell 2.6%.
- The trend estimate for buildings and structures rose 1.3% this quarter while the seasonally adjusted estimate fell 0.8%.
EXPECTED EXPENDITURE (CURRENT TERMS)
- This issue includes the sixth estimate for 2007-08 and the second estimate for 2008-09.
- The sixth estimate for 2007-08 is $87,007m. This is 11.1% higher than the sixth estimate for 2006-07. Estimate 6 is 1.3% higher than the fifth estimate for 2007-08.
- The second estimate for 2008-09 is 19.5% higher than the second estimate of 2007-08 at $84,835m. Estimate 2 is 6.9% higher than the first estimate for 2008-09.
- See pages 6 to 9 for further commentary on expectations data.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
June 2008 | 28 August 2008 |
September 2008 | 27 November 2008 |
REVISIONS IN THIS ISSUE
The December quarter 2007 building and structures estimate has been revised upwards $452 million or 4.3% in original terms. This was largely the result of an unusually high incidence of actual data replacing previously imputed data. There were also occurrences of incorrectly provided December data being adjusted which contributed to the size of the revisions. The impact of these revisions were primarily seen across Property and business services and Other services.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Scott Johnston on Sydney (02) 9268 4357.