Private New Capital Expenditure and Expected Expenditure, Australia

Latest release

Quarterly statistics about actual and expected private new capex investment spend on buildings and equipment by industry

Reference period
December 2024
Released
27/02/2025
  • Next Release 29/05/2025
    Private New Capital Expenditure and Expected Expenditure, Australia, March 2025
  • Next Release 28/08/2025
    Private New Capital Expenditure and Expected Expenditure, Australia, June 2025
  • Next Release 27/11/2025
    Private New Capital Expenditure and Expected Expenditure, Australia, September 2025
  • View all releases

Key statistics

  • Total new capital expenditure fell by 0.2%
  • Buildings and structures rose by 0.2%
  • Equipment, plant and machinery fell by 0.8%
  • Estimate 1 for 2025-26 is $148.0b. This is 1.8% higher than Estimate 1 for 2024-25
Key data items
 Dec Qtr 24 
($m)
Sep Qtr 24 to Dec Qtr 24 
(% change)
Dec Qtr 23 to Dec Qtr 24 
(% change)
Seasonally adjusted(a) 
 Total new capital expenditure43961-0.20.6
 Buildings and structures232810.2-1.0
 Equipment, plant and machinery20680-0.82.4
Trend(a) 
 Total new capital expenditure439040.10.4
 Buildings and structures231800.2-1.3
 Equipment, plant and machinery20726-0.11.9
  1. In volume terms

New capital expenditure in volume terms

Total new capital expenditure

  • The trend estimate for total new capital expenditure rose 0.1%
  • The seasonally adjusted estimate for total new capital expenditure fell 0.2% 
  1. Trend break added to 'Total new capital expenditure' trend series for June 2020, Dec 2018, Sep 2015, Sep 2008, Mar 2007 and Jun 2003.

Buildings and structures

  • The trend estimate for buildings and structures rose 0.2% 
  • The seasonally adjusted estimate for buildings and structures rose 0.2%
  1. Trend break added to 'Buildings and Structures new capital expenditure' trend series for Dec 2018, Sep 2015, Sep 2008, Mar 2007 and Jun 2003.

Equipment and machinery

  • The trend estimate for equipment, plant and machinery fell 0.1 %
  • The seasonally adjusted estimate for equipment, plant and machinery fell 0.8% 
  1. Trend break added to 'Equipment and machinery new capital expenditure' trend series for Mar 2007.

Mining and non-mining

  • The trend estimate for Mining fell 0.6%
  • The seasonally adjusted estimate for Mining fell 0.6% 
  • The trend estimate for Non-mining rose 0.4%
  • The seasonally adjusted estimate for Non-mining fell 0.1%
  1. Trend break added to 'Total non-mining capital expenditure' trend series for Dec 2018, Sep 2015, Sep 2008, Mar 2007 and Jun 2003.

Financial years at current prices

Timing and composition

The graphs below show the seven estimates of actual and expected expenditure for each financial year.

The timing and composition of these estimates are as follows:

Composition of estimates 
Estimate Based on data reported at:Data on long-term expected expenditureData on Short-term expected expenditureData on actual expenditure
1Jan-Feb, 5-6 months before period begins12 monthsNilNil
2Apr-May, 2-3 months before period begins12 monthsNilNil
3Jul-Aug, at beginning of period6 months6 monthsNil
4Oct-Nov, 3-4 months into period6 months3 months3 months
5Jan-Feb, 6-7 months into periodNil6 months6 months
6Apr-May, 9-10 months into periodNil3 months9 months
7Jul-Aug, at end of periodNilNil12 months

Total capital expenditure

  • Estimate 5 for 2024-25 is $183.4b
  • This is 3.2% higher than Estimate 4 for 2024-25
  • Estimate 1 for 2025-26 is $148.0b
  • This is 1.8% higher than Estimate 1 for 2024-25

Buildings and structures

  • Estimate 5 for 2024-25 is $106.4b
  • This is 2.1% higher than Estimate 4 for 2024-25
  • Estimate 1 for 2025-26 is $89.8b
  • This is 1.3% higher than Estimate 1 for 2024-25

Equipment and machinery

  • Estimate 5 for 2024-25 is $77.0b
  • This is 4.6% higher than Estimate 4 for 2024-25
  • Estimate 1 for 2025-26 is $58.3b
  • This is 2.5% higher than Estimate 1 for 2024-25

Mining

  • Estimate 5 for 2024-25 is $54.8b
  • This is 1.8% higher than Estimate 4 for 2024-25
  • Estimate 1 for 2025-26 is $46.7b
  • This is 3.8% higher than Estimate 1 for 2024-25

Non-mining

  • Estimate 5 for 2024-25 is $128.7b
  • This is 3.8% higher than Estimate 4 for 2024-25
  • Estimate 1 for 2025-26 is $101.4b
  • This is 0.9% higher than Estimate 1 for 2024-25

Detailed industry movements by asset type

Industry chain volume seasonally adjusted total capex percentage change
Sep Qtr 24 to Dec Qtr 24Dec Qtr 23 to Dec Qtr 24
% change% change
Mining-0.6-5.9
Manufacturing-7.1-12.1
Electricity, Gas, Water and Waste8.719.7
Construction-8.4-6.4
Wholesale Trade3.7-4.3
Retail Trade3.51.0
Accommodation and Food Services-3.1-10.6
Transport, Postal and Warehousing-3.6-1.3
Information Media and Telecommunications6.635.0
Financial and Insurance Services-5.46.2
Rental, Hiring and Real Estate2.2-10.4
Professional, Scientific and Technical Services4.035.4
Administrative and Support Services19.0100.5
Education and Training-3.8-10.9
Health Care and Social Assistance-7.01.3
Arts and Recreation Services10.038.0
Other Services7.723.1
Industry chain volume buildings and structures percentage change
Sep Qtr 24 to Dec Qtr 24Dec Qtr 23 to Dec Qtr 24
% change% change
Mining-1.1-6.3
Manufacturing-8.5-7.6
Electricity, Gas, Water and Waste8.919.6
Construction-13.7-39.2
Wholesale Trade16.017.8
Retail Trade0.017.5
Accommodation and Food Services8.82.8
Transport, Postal and Warehousing-1.20.7
Information Media and Telecommunications-3.4-3.0
Financial and Insurance Services7.559.8
Rental, Hiring and Real Estate8.5-5.5
Professional, Scientific and Technical Services-4.652.5
Administrative and Support Services-1.450.0
Education and Training-2.2-9.4
Health Care and Social Assistance-7.8-7.7
Arts and Recreation Services-22.211.3
Other Services-18.9-6.5
Industry chain volume equipment and machinery percentage change
Sep Qtr 24 to Dec Qtr 24Dec Qtr 23 to Dec Qtr 24
% change% change
Mining0.6-4.7
Manufacturing-6.4-14.4
Electricity, Gas, Water and Waste7.421.0
Construction-8.1-3.7
Wholesale Trade0.3-9.7
Retail Trade4.7-3.3
Accommodation and Food Services-12.0-20.2
Transport, Postal and Warehousing-5.1-2.4
Information Media and Telecommunications22.3158.9
Financial and Insurance Services-7.6-0.7
Rental, Hiring and Real Estate-7.8-18.4
Professional, Scientific and Technical Services5.932.6
Administrative and Support Services24.1116.0
Education and Training-10.0-16.9
Health Care and Social Assistance-6.411.6
Arts and Recreation Services52.464.5
Other Services17.934.4

State movements

State chain volume seasonally adjusted total capex percentage change
Sep Qtr 24 to Dec Qtr 24Dec Qtr 23 to Dec Qtr 24
% change% change
New South Wales-1.65.3
Victoria1.12.6
Queensland-1.6-0.4
South Australia-6.7-2.6
Western Australia3.1-3.1
Tasmania2.03.9
Northern Territory6.1-14.0
Australian Capital Territory-8.3-3.0

Data downloads

Data downloads

Data files

Data Explorer datasets

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website.

Please check the reference period when using Data Explorer.

Private New Capital Expenditure and Expected Expenditure - estimates of actual and expected new capital expenditure by private businesses for selected industries in Australia

Enquiries

For enquiries about these and related statistics, contact the Customer Assistance Service via the ABS website Contact Us page. The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to us.

Previous catalogue number

This release previously used catalogue number 5625.0.

Back to top of the page