December key figures
Dec Qtr 19 | Sep Qtr 19 to Dec Qtr 19 | Dec Qtr 18 to Dec Qtr 19 | ||
---|---|---|---|---|
$m | % change | % change | ||
Trend estimates(a) | ||||
Total new capital expenditure | 28 663 | -1.4 | -4.5 | |
Buildings and structures | 15 083 | -1.7 | -6.6 | |
Equipment, plant and machinery | 13 599 | -0.8 | -1.9 | |
Seasonally adjusted(a) | ||||
Total new capital expenditure | 28 454 | -2.8 | -5.8 | |
Buildings and structures | 14 815 | -5.9 | -9.6 | |
Equipment, plant and machinery | 13 639 | 0.8 | -1.3 |
a. In volume terms
December key points
Actual expenditure (volume terms)
- The trend estimate for total new capital expenditure fell by -1.4% in the December quarter 2019. This follows a fall of -1.3% in the September quarter 2019.
- The seasonally adjusted estimate for total new capital expenditure fell by -2.8% in the December quarter 2019. This follows a fall of -0.4% in the September quarter 2019.
- The trend volume estimate for buildings and structures fell by -1.7% in the December quarter 2019. This follows a fall of -1.9% in the September quarter 2019.
- The seasonally adjusted estimate for buildings and structures fell by -5.9% in the December quarter 2019. This follows a rise of 2.5% in the September quarter 2019.
- The trend volume estimate for equipment, plant and machinery fell by -0.8% in the December quarter 2019. This follows a fall of -0.7% in the September quarter 2019.
- The seasonally adjusted volume estimate for equipment, plant and machinery rose by 0.8% in the December quarter 2019. This follows a fall of -3.6% in the September quarter 2019.
Expected expenditure (current price terms)
- This issue includes the fifth estimate (Estimate 5) for 2019-20 and the first estimate (Estimate 1) for 2020-21.
- Estimate 5 for 2019-20 is $120,344m. This is 2.1% higher than Estimate 5 for 2018-19. Estimate 5 is 2.8% higher than Estimate 4 for 2019-20.
- Estimate 1 for 2020-21 is $100,186m. This is 8.8% higher than Estimate 1 for 2019-20.