Private new capital expenditure on equipment, plant and machinery in Australia unexpectedly increased by 1.9 percent quarter-on-quarter in the three months to June 2023, after an upwardly revised 4.2 percent growth in the previous period, missing market forecasts of a 0.1% fall. This was the softer rate compared with a 3.5 percent gain in buildings and structures investments. On an industry basis, capital expenditure on equipment, plant and machinery grew for mining and non-mining by 0.9% and 3.5%, respectively. Through the year to June, spending on equipment, plant and machinery expanded 6.4 percent. source: Australian Bureau of Statistics

Plant Machinery Capital Expenditure in Australia averaged 1.39 percent from 1987 until 2023, 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 August of 2023.

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Australia Plant Machinery Capital Expenditure



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-01 01:30 AM Q1 3.7% 0.6% 0.8%
2023-08-31 01:30 AM Q2 1.9% 4.2% -0.1% 2%
2023-11-30 12:30 AM Q3 1.9%


Related Last Previous Unit Reference
Building Capital Expenditure 3.50 1.30 percent Jun 2023
Private Investment 2.80 3.70 percent Jun 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.90 4.20 21.00 -8.80 1987 - 2023 percent Quarterly
SA