May 30, 2024 02:03 GMT
Australia Q1 Total New Capital Expenditure +1.0%
AUSTRALIA DATA
MNI (Singapore)
- Total new capital expenditure rose by 1.0%
- Buildings and structures fell by 0.9%
- Equipment, plant and machinery rose by 3.3%
- Estimate 2 for 2024-25 is $155.4b. This is 6.8% higher than Estimate 1 for 2024-25
- The trend estimate for total new capital expenditure rose 0.6%
- The seasonally adjusted estimate for total new capital expenditure rose 1.0%
- The trend estimate for buildings and structures fell 0.1%
- The seasonally adjusted estimate for buildings and structures fell 0.9%
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