SEPTEMBER KEY FIGURES

		Sep Qtr 09	Jun Qtr 09 to Sep Qtr 09	Sep Qtr 08 to Sep Qtr 09
		$m	% change	% change
Trend estimates(a)
	Total new capital expenditure	26 717	-1.9	-1.1
	Buildings and structures	13 453	-2.6	5.7
	Equipment, plant and machinery	13 283	-1.1	-7.0
Seasonally adjusted(a)
	Total new capital expenditure	26 552	-3.9	-1.3
	Buildings and structures	13 287	-4.8	6.5
	Equipment, plant and machinery	13 265	-2.9	-8.1
(a) In volume terms

New Captial Expenditure, in volume terms

SEPTEMBER KEY POINTS


ACTUAL EXPENDITURE (VOLUME TERMS)

• The trend estimate for total new capital expenditure (in volume terms) fell 1.9% in the September quarter 2009 while the seasonally adjusted estimate fell 3.9%.
• The trend estimate for buildings and structures fell 2.6% this quarter while the seasonally adjusted estimate fell 4.8%.
• The equipment, plant and machinery trend volume estimate fell 1.1% in the September quarter 2009. In seasonally adjusted terms the estimate fell 2.9%.

EXPECTED EXPENDITURE (CURRENT PRICE TERMS)

• This issue includes the fourth estimate for 2009-10.
• Estimate 4 for 2009-10 is $105,010m. This is 7.7% lower than the fourth estimate for 2008-09. Estimate 4 is 5.9% higher than Estimate 3 for 2009-10.
• See pages 6 to 9 for further commentary on expectations data.

NOTES

FORTHCOMING ISSUES

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

CHANGES IN THIS ISSUE

Commencing with this quarter, 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 (ANZSIC), (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 have resulted in statistical impacts on our previously published historic data series. This publication and other Survey of Private New Capital Expenditure outputs released on or after November 26, 2009, feature revised historic series which align past published estimates to the estimates including statistical changes introduced from this quarter. An information paper (cat. no. 5625.0.55.001) describing these changes in more detail is available at www.abs.gov.au.


CAPEX AS A PARTIAL INDICATOR OF THE NATIONAL ACCOUNTS

Part of the compilation of Capital Expenditure estimates is confrontation with data from a variety of sources assembled in the national accounts framework as part of the process of compiling the quarterly Australian National Accounts,(cat. no. 5206.0). The September quarter 2009 Australian National Accounts will be released two weeks later than usual due to the introduction of new standards. This means that the confrontation has been less comprehensive than usual. Caution should be exercised in using data in this publication as an indicator of capital expenditure in the National Accounts.


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.