Private new capital expenditure on buildings and structures in Australia rose on a seasonally-adjusted basis by 3.5% in the second quarter of 2023, accelerating from a 1.3% growth in the first quarter. On an industry basis, capital expenditure on buildings and structures increased the most in arts & recreation services (52.5%), accommodation & food services (37.7%), other services (36.3%), financial & insurance services (26.5%) and administrative & support services (21.6%). On an annual basis, private capital expenditure on building and structures jumped 15% in the second quarter. source: Australian Bureau of Statistics

Building Capital Expenditure in Australia averaged 1.10 percent from 1987 until 2023, 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 August of 2023.

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Australia Building Capital Expenditure



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-01 01:30 AM Q1 1.3% 3.6% 0.9%
2023-08-31 01:30 AM Q2 3.5% 1.3% 1.1%
2023-11-30 12:30 AM Q3


Related Last Previous Unit Reference
Plant Machinery Capital Expenditure 1.90 4.20 percent Jun 2023
Private Investment 2.80 3.70 percent Jun 2023

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
3.50 1.30 52.90 -19.00 1987 - 2023 percent Quarterly
SA