SEPTEMBER KEY FIGURES
| | Sep Qtr 15 | Jun Qtr 15 to Sep Qtr 15 | Sep Qtr 14 to Sep Qtr 15 |
| | $m | % change | % change |
|
Trend estimates(a) | | | |
| Total new capital expenditure | 31 949 | -6.5 | -17.8 |
| Buildings and structures | 20 217 | -7.0 | -21.7 |
| Equipment, plant and machinery | 11 837 | -4.7 | -9.3 |
Seasonally adjusted(a) | | | |
| Total new capital expenditure | 31 398 | -9.2 | -20.0 |
| Buildings and structures | 19 832 | -9.8 | -23.6 |
| Equipment, plant and machinery | 11 565 | -8.2 | -12.7 |
|
(a) In volume terms |
New Capital Expenditure, in volume terms
| |
SEPTEMBER KEY POINTS
ACTUAL EXPENDITURE (VOLUME TERMS)
- The trend volume estimate for total new capital expenditure fell 6.5% in the September quarter 2015 while the seasonally adjusted estimate fell 9.2%.
- The trend volume estimate for buildings and structures fell 7.0% in the September quarter 2015 while the seasonally adjusted estimate fell 9.8%.
- The trend volume estimate for equipment, plant and machinery fell 4.7% in the September quarter 2015 while the seasonally adjusted estimate fell 8.2%.
EXPECTED EXPENDITURE (CURRENT PRICE TERMS)
- This issue includes the fourth estimate (Estimate 4) for 2015-16.
- Estimate 4 for 2015-16 is $120,353m. This is 20.9% lower than Estimate 4 for 2014-15. Estimate 4 is 4.0% higher than Estimate 3 for 2015-16.
- See pages 7-10 for further commentary on expectations data.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
December 2015 | 25 February 2016 |
March 2016 | 26 May 2016 |
June 2016 | 25 August 2016 |
September 2016 | 24 November 2016 |
CHANGES TO THIS ISSUE
- 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, 2013-14, 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 2013-14. 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 review has been undertaken based on estimates up to and including the June quarter 2015. This review has not resulted in noteworthy revisions to estimates up to and including June quarter 2015. There are no noteworthy revisions to previous estimates.
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