Quarterly statistics about actual and expected private new capex investment spend on buildings and equipment by industry
| Sep Qtr 21 | Jun Qtr 21 to Sep Qtr 21 | Sep Qtr 20 to Sep Qtr 21 | ||
|---|---|---|---|---|
| $m | % change | % change | ||
| Seasonally adjusted(a) | ||||
| Total new capital expenditure | 32 699 | -2.2 | 12.9 | |
| Buildings and structures | 16 922 | -0.2 | 9.0 | |
| Equipment, plant and machinery | 15 777 | -4.1 | 17.4 | |
a. In volume terms
The trend series attempts to measure underlying behaviour in business activity. In the short term, this measurement will be significantly affected by changes to regular patterns in spending that will occur during this time, as certain businesses are restricted from trading for example. If the trend estimates in this publication were to be calculated without fully accounting for this irregular event, they would likely provide a misleading view of underlying business activity.
It may be some time before the underlying trend in business activity can be accurately estimated. The New Capital Expenditure trend series have therefore been suspended and will be reinstated when more certainty emerges in the underlying trend in business activity.
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, 2019-20, 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 2019-20. 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.
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:
| Estimate Based on data reported at: | COMPOSITION OF ESTIMATE | |||
|---|---|---|---|---|
| Data on long-term expected expenditure | Data on Short-term expected expenditure | Data on actual expenditure | ||
| 1. | Jan-Feb, 5-6 months before period begins | 12 months | Nil | Nil |
| 2. | Apr-May, 2-3 months before period begins | 12 months | Nil | Nil |
| 3. | Jul-Aug, at beginning of period | 6 months | 6 months | Nil |
| 4. | Oct-Nov, 3-4 months into period | 6 months | 3 months | 3 months |
| 5. | Jan-Feb, 6-7 months into period | Nil | 6 months | 6 months |
| 6. | Apr-May, 9-10 months into period | Nil | 3 months | 9 months |
| 7. | Jul-Aug, at end of period | Nil | Nil | 12 months |
| Jun Qtr 21 to Sep Qtr 21 | Sep Qtr 20 to Sep Qtr 21 | |
|---|---|---|
| % change | % change | |
| Mining | 1.2 | 4.5 |
| Manufacturing | -5.8 | 7.4 |
| Electricity, Gas, Water and Waste | -2.9 | 7.7 |
| Construction | -0.9 | 35.1 |
| Wholesale Trade | 9.1 | 27.1 |
| Retail Trade | -14.6 | 11.4 |
| Accommodation and Food Services | -0.7 | 26.8 |
| Transport, Postal and Warehousing | -1.4 | 38.6 |
| Information Media and Telecommunications | -5.8 | 18.1 |
| Financial and Insurance Services | -3.2 | 2.8 |
| Rental, Hiring and Real Estate | -3.3 | 19.7 |
| Professional, Scientific and Technical Services | -10.8 | 0.9 |
| Administrative and Support Services | -13.6 | -2.0 |
| Education and Training | -7.3 | -7.0 |
| Health Care and Social Assistance | 10.2 | 9.4 |
| Arts and Recreation Services | 20.9 | 47.7 |
| Other Services | -16.2 | 22.4 |
| Jun Qtr 21 to Sep Qtr 21 | Sep Qtr 20 to Sep Qtr 21 | |
|---|---|---|
| % change | % change | |
| Mining | 2.5 | 6.9 |
| Manufacturing | -15.1 | 0.7 |
| Electricity, Gas, Water and Waste | -2.5 | 9.3 |
| Construction | -73.6 | -61.9 |
| Wholesale Trade | 21.4 | 53.1 |
| Retail Trade | 8.8 | 15.0 |
| Accommodation and Food Services | 2.8 | 41.9 |
| Transport, Postal and Warehousing | -1.3 | 18.0 |
| Information Media and Telecommunications | -4.3 | 19.4 |
| Financial and Insurance Services | -13.6 | 13.5 |
| Rental, Hiring and Real Estate | -1.2 | 7.6 |
| Professional, Scientific and Technical Services | -3.8 | -14.4 |
| Administrative and Support Services | -36.8 | 41.2 |
| Education and Training | 3.1 | 1.4 |
| Health Care and Social Assistance | 12.7 | 4.7 |
| Arts and Recreation Services | 14.0 | -4.9 |
| Other Services | -26.6 | -19.8 |
| Jun Qtr 21 to Sep Qtr 21 | Sep Qtr 20 to Sep Qtr 21 | |
|---|---|---|
| % change | % change | |
| Mining | -1.9 | -0.9 |
| Manufacturing | -2.4 | 9.7 |
| Electricity, Gas, Water and Waste | -5.3 | -1.5 |
| Construction | 2.9 | 39.9 |
| Wholesale Trade | 5.6 | 20.4 |
| Retail Trade | -20.8 | 10.0 |
| Accommodation and Food Services | -2.8 | 19.4 |
| Transport, Postal and Warehousing | -1.5 | 60.7 |
| Information Media and Telecommunications | -10.8 | 13.4 |
| Financial and Insurance Services | 0.8 | 0.0 |
| Rental, Hiring and Real Estate | -6.8 | 48.1 |
| Professional, Scientific and Technical Services | -11.6 | 3.0 |
| Administrative and Support Services | -8.0 | -6.8 |
| Education and Training | -32.5 | -29.2 |
| Health Care and Social Assistance | 7.4 | 15.7 |
| Arts and Recreation Services | 25.6 | 121.9 |
| Other Services | -13.5 | 38.3 |
| Jun Qtr 21 to Sep Qtr 21 | Sep Qtr 20 to Sep Qtr 21 | |
|---|---|---|
| % change | % change | |
| New South Wales | -8.5 | 12.8 |
| Victoria | -1.6 | 19.2 |
| Queensland | -0.7 | 0.2 |
| South Australia | 4.2 | 19.1 |
| Western Australia | -0.3 | 13.6 |
| Tasmania | 25.8 | 66.5 |
| Northern Territory | 2.3 | 62.0 |
| Australian Capital Territory | -16.7 | 3.8 |
Please note, we will be progressively transitioning to releasing Excel files in .XLSX format from 3 December 2021.
Caution: Data in ABS.Stat is currently released after the 11:30am release on the ABS website. Please check the reference period when using ABS.Stat.
Private new capital and expected expenditure - estimates of actual and expected new capital expenditure by private businesses for selected industries in Australia
ABS.Stat is updating and the above datasets are now available in 'Data Explorer'.
The data available in Data Explorer is similar to ABS.Stat but with a new interface and added functionality.
For more information about Data Explorer and to see what's changed, see the Data Explorer user guide.
The current version of ABS.Stat will be removed at the end of 2021.
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
This release previously used catalogue number 5625.0.