In 2003-04, private new capital expenditure for all industries totalled $699 million. This was a decrease of $182 million, or 20.7%, on the $881 million expended in 2002-03 and a decrease of $263 million, or 27.3%, on the $962 million expended in 2001-02.
Between 2002-03 and 2003-04, private new capital expenditure in the mining industry decreased by $13 million, or 28.9%, from $45 million to $32 million, while expenditure in the manufacturing industry in Tasmania decreased by $115 million, or 48.1%, from $239 million to $124 million.
PRIVATE NEW CAPITAL EXPENDITURE BY INDUSTRY, Tasmania(a)(b) |
|
| 1999-2000 | 2000-01 | 2001-02 | 2002-03 | 2003-04 |
| | | | | |
| $m | $m | $m | $m | $m |
|
Mining | 54 | 87 | 57 | 45 | 32 |
Manufacturing | 135 | 162 | 154 | r 239 | 124 |
Other selected industries | 319 | 352 | 752 | r 598 | 544 |
Total all industries(c) | 508 | 600 | r 962 | r 881 | 699 |
|
(a) Estimates based on a sample survey and therefore subject to sampling variability. Covers selected industries only - mining, manufacturing, finance, property and other selected industries.
(b) Current prices.
(c) Estimates have been rounded and minor discrepancies may occur between sums of component items and totals.
Source: Private New Capital Expenditure and Expected Expenditure, Australia - Time Series Spreadsheet (cat. no. 5625.0, table 11B). |