Private Capital Expenditure from the Australian Bureau of Statistics
The headline figure is +0.3% q/q (+1.0% expected and +2.8% prior) and +4.8% y/y (+5.0% prior)
- Total new capital expenditure rose by 0.6% q/q and 10.7% y/y
- Buildings and structures rose by 0.7% q/q and by 13.7% y/y
- Equipment, plant and machinery rose by 0.5% q/q and by 7.4% y/y
- Estimate 4 for 2023-24 is $171.2b. This is 8.5% higher than Estimate 3 for 2023-24
