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SEPTEMBER KEY FIGURES

		Sep Qtr 14	Jun Qtr 14 to Sep Qtr 14	Sep Qtr 13 to Sep Qtr 14
		$m	% change	% change
Trend estimates(a)
	Total new capital expenditure	38 176	0.0	-3.9
	Buildings and structures	25 458	-1.2	-5.1
	Equipment, plant and machinery	12 743	2.6	-1.1
Seasonally adjusted(a)
	Total new capital expenditure	38 254	0.2	-5.9
	Buildings and structures	25 382	-1.9	-8.0
	Equipment, plant and machinery	12 872	4.4	-1.4
(a) In volume terms

New Capital Expenditure, in volume terms

• The trend volume estimate for total new capital expenditure was unchanged in the September quarter 2014 while the seasonally adjusted estimate increased by 0.2%.
• The trend volume estimate for buildings and structures decreased by 1.2% in the September quarter 2014 while the seasonally adjusted estimate decreased by 1.9%.
• The trend volume estimate for equipment, plant and machinery increased by 2.6% in the September quarter 2014 while the seasonally adjusted estimate increased by 4.4%.

• This issue includes the fourth estimate (Estimate 4) for 2014-15.
• Estimate 4 for 2014-15 is $153,210m. This is 7.5% lower than Estimate 4 for 2013-14. Estimate 4 is 2.2% higher than Estimate 3 for 2014-15.
• See pages 7-10 for further commentary on expectations data.

• Each September quarter the reference and base year for chain volume estimates for the Survey of Private New Capital Expenditure are updated. A new base year, 2012-13, has been introduced into the chain volume estimates which has resulted in minor revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2012-13. Additivity is preserved in the quarters of the reference year and subsequent quarters. Re-referencing affects the level of, but not the movements in, chain volume estimates.
• As happens each year, a seasonal re-analysis has been undertaken based on estimates up to and including the June quarter 2014. This re-analysis has not resulted in noteworthy revisions to estimates up to and including June quarter 2014. There are no other noteworthy revisions to previous estimates.