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Private New Capital Expenditure and Expected Expenditure, Australia, December 2023
Key statistics: • Total new capital expenditure rose by 0.8% • Buildings and structures rose by 1.5% • Equipment, plant and machinery fell by 0.1% • Estimate 1 for 2024-25 is $145.6b. This is 12.6% higher than Estimate 1 for 2023-24 table New capital expenditure in seasonally adjusted volume terms Total new capital expenditure: • The trend estimate for total new capital expenditure rose 0.9% • The seasonally adjusted estimate for total new capital expenditure rose 0.8% chart Buildings and structures: • The trend estimate for buildings and structures rose 1.2% • The seasonally adjusted estimate for ... (full story)