Private new capital expenditure on buildings and structures in Australia fell 0.2% QoQ in the third quarter, compared with a 4.6% rise in the second quarter. On a per industry basis, the biggest declines in Q3 private capex on buildings & structures were in the following groups: manufacturing (-15.1%), construction (-73.6%), financial & insurance services (-13.6%), administrative & support services (-36.8%) and other services (-26.6%). Meanwhile, the following industries increased private capex on buildings & structures in Q3: wholesale trade (21.4%), healthcare & social assistance (12.7%) and art and recreation services (14%). source: Australian Bureau of Statistics
Building Capital Expenditure in Australia averaged 1.10 percent from 1987 until 2021, reaching an all time high of 52.90 percent in the second quarter of 1996 and a record low of -19 percent in the second quarter of 1999. This page includes a chart with historical data for Australia Building Capital Expenditure. Australia Building Capital Expenditure - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Australia Building Capital Expenditure
Building Capital Expenditure in Australia is measured as the quarter-on-quarter change. The Survey of New Capital Expenditure includes the following industries classified according to the Australian and New Zealand Standard Industrial Classification, ANZSIC, 2006: Mining, Manufacturing & Other selected industries such as Electricity, Gas, Water and Waste Services, Construction, Wholesale Trade, Retail Trade, Transport, Postal and Warehousing, Information Media and Telecommunications Finance and, Rental, Hiring and Real Estate Services Professional, Scientific and Technical Services.