Private new capital expenditure on equipment, plant and machinery in Australia fell 4.1% QoQ in the third quarter, a turnaround from a 4.3% rise in the second quarter. On a per industry basis, the biggest declines in Q3 private capex on plant machinery were in following groups: retail trade (-20.8%), information media & telecommunications (-10.8%), professional, scientific & technical services (-11.6%), education & training (-32.5%) and other services (13.5). Meanwhile, the following industries increased private capex on plant machinery in Q3: wholesale trade (5.6%), healthcare & social assistance (7.4%) and art and recreation services (25.6%). source: Australian Bureau of Statistics
Plant Machinery Capital Expenditure in Australia averaged 1.39 percent from 1987 until 2021, reaching an all time high of 21 percent in the fourth quarter of 1988 and a record low of -8.80 percent in the third quarter of 1988. This page includes a chart with historical data for Australia Plant Machinery Capital Expenditure. Australia Plant Machinery Capital Expenditure - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Australia Plant Machinery Capital Expenditure
Plant Machinery Capital Expenditure 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.