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MNI Survey Of Australia Q2 Capex, Estimate 3 Of 2017-18 Capex

-2017-18 Capex 3rd Estimate Seen at A$95.0 Bln 
     SYDNEY (MNI) - Below is a table detailing individual forecasts for total
new capital expenditure for the the second quarter, and estimate three for
2017-18 capex, based on a survey by MNI. The Australian Bureau of Statistics
will publish the data at 1130 hours local time Thursday (0130 hours GMT). 
                  Total New Capex   2017-18 Capex
-------------------------------------------------
                               Q2      Estimate 3
                   % Change (Q/Q)  In A$ Billions
Median Forecast              +0.2            95.0
High Forecast                +2.5           100.0
Low Forecast                 -2.0            88.5
Mean                         +0.3            95.3
No of Responses                13              11
Previous Report              +0.3            85.4
ANZ                          -0.8            95.0
CBA                          -2.0            93.0
NAB                          -1.0            95.0
Westpac                      -0.8            96.0
JP Morgan                    +1.0            95.0
UBS                          -1.5            95.7
Deutsche Bank                +2.4             N/A
RBC Capital                  +2.0             N/A
BankAM-ML                    +0.5            98.3
Macquarie                    +0.2            95.0
TD Securities                +2.5           100.0
Citigroup                    +2.0            88.5
HSBC                         -0.7            97.0
--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com
[TOPICS: MTABLE,M$A$$$,M$L$$$]

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