Private new capital expenditure on buildings and structures in Australia dropped by 1.7% quarter-on-quarter in the three months to March 2022, reversing sharply from an upwardly revised of a 3.7% rise in the preceding quarter. On the industry side, capital expenditure on building and structures declined for mining (-3.3%), manufacturing (-0.9%), construction (-49.5%), retail trade (-25.4%), information media and telecommunications (-10%), financial and insurance services (-7.3%), professional, scientific and technical services (-45.5%), administrative and support services (-1.2%), education and training (-20%), and arts and recreation services (-24.1%). Through the year to the first quarter, private capital expenditure on building and structures jumped by 7.1 percent. source: Australian Bureau of Statistics
Building Capital Expenditure in Australia averaged 1.09 percent from 1987 until 2022, 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 July of 2022.
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.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-1.70 |
3.70 |
52.90 |
-19.00 |
1987 - 2022 |
percent |
Quarterly |
SA
|