Australia Building Capital Expenditure Rises 0.9% in Q1
2025-05-29 02:23
By
Jam Kaimo Samonte
1 min. read
Private new capital expenditure on buildings and structures in Australia increased by 0.9% quarter-on-quarter in the first three months of 2025, accelerating from 0.2% in the previous quarter.
By industry, capital expenditure on buildings and structures saw the biggest gains in arts & recreation (26.2%), health care & social assistance (12.4%), financial & insurance services (6.7%), transport, postal & warehousing (5.9%), and administrative & support services (5.7%).
Robert Ewing, head of business statistics at the Australian Bureau of Statistics (ABS), commented: “Capex was up 0.9 per cent for buildings and structures, with the mining industry up 1.7 per cent and non-mining rising 0.4 per cent.
The growth in mining was driven by spending on oil & gas, gold, and other metal ore developments.“