• Australian new capital expenditure rose by 0.5% in March

Market news

31 May 2018

Australian new capital expenditure rose by 0.5% in March

  • The trend volume estimate for total new capital expenditure rose by 0.5% in the March quarter 2018 while the seasonally adjusted estimate rose by 0.4%.

  • The trend volume estimate for buildings and structures fell by 0.6% in the March quarter 2018 while the seasonally adjusted estimate fell by 1.3%.

  • The trend volume estimate for equipment, plant and machinery rose by 1.9% in the March quarter 2018 while the seasonally adjusted estimate rose by 2.5%.

  • This issue includes the sixth estimate (Estimate 6) for 2017-18 and the second estimate (Estimate 2) for 2018-19.

  • Estimate 6 for 2017-18 is $117,501m. This is 3.8% higher than Estimate 6 for 2016-17. Estimate 6 is 2.8% higher than Estimate 5 for 2017-18.

  • Estimate 2 for 2018-19 is $87,740m. This is 1.4% higher than Estimate 2 for 2017-18. Estimate 2 is 5.7% higher than Estimate 1 for 2018-19.

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