PRIVATE NEW CAPITAL EXPENDITURE
SEPTEMBER KEY FIGURES, Western Australia |
|
| Sep qtr 2010 | Jun qtr 2010 to Sep qtr 2010 | Sep qtr 2009 to Sep qtr 2010 |
| $m | % change | % change |
Trend estimates(a) |
|
Total new capital expenditure | 8 849 | 5.5 | 13.0 |
Buildings & structures | 6 690 | 8.8 | 26.8 |
Equipment, plant & machinery | 2 115 | -5.6 | -17.6 |
Seasonally adjusted estimates(a) |
|
Total new capital expenditure | 9 089 | 10.4 | 19.9 |
Buildings & structures | 6 928 | 13.6 | 35.6 |
Equipment, plant & machinery | 2 162 | 1.3 | -12.7 |
|
(a) In chain volume measures |
Source: Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0). |
- In September quarter 2010, total new capital expenditure in WA was 13% higher in trend terms, and 20% higher in seasonally adjusted terms, than in the corresponding quarter of the previous year. The increase was due to a large rise in new capital expenditure on Building and Structures, partially offset by a decrease in expenditure on Equipment, plant and machinery.
Private New Capital Expenditure, Chain Volume Measures
- After decreasing for four quarters, private new capital expenditure turned around in the June quarter 2010 and then reached a new high of $8.8 billion (trend) in the September quarter 2010.
PRIVATE NEW CAPITAL EXPENDITURE, by Industry - Current Prices, Western Australia |
|
| Sep qtr 2010 | Jun qtr 2010 to Sep qtr 2010 | Sep qtr 2009 to Sep qtr 2010 |
Original | $m | % change | % change |
|
Mining | 6 445 | 5.5 | 26.4 |
Manufacturing | ^730 | 1.1 | 78.5 |
Total(a) | 8 465 | 0.8 | 19.7 |
|
^estimate has a relative standard error of 10% to less than 25% and should be used with caution.
(a) Includes other industries
Source: Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0). |
|
- In the September quarter 2010, new capital expenditure on mining increased by 5.5% to $6.4 billion (original data), the largest quarterly expenditure since December 2008 ($6.7 billion).
- While the estimates for manufacturing should be treated with caution due to high standard errors, the original data suggest a considerable increase in capital expenditure on manufacturing over the year to September 2010.
This link takes you to time series spreadsheets from
Private New Capital Expenditure and Expected Expenditure, Australia, Sep 2010 (cat. no. 5625.0).
Tables 5B and 5C contain Actual Expenditure by Type of Asset and State, Chain volume measures (Seasonally Adjusted and Trend). Tables 10A and 10B contain Actual and Expected Capital Expenditure by Asset and Industry for Western Australia (Current Prices).