Total new capital expenditure in Australia advanced by 2.8 percent quarter-on-quarter in the three months to June 2023, easing from an upwardly revised 3.7 percent growth in the previous period, and compared with market consensus of a 1.2% rise, as expenditure on equipment, plant and machinery eased (1.9% vs 4.2% in Q1). Meanwhile, spending on buildings and structures investment continued to grow (3.5% vs 3.2%). Through the year to June, private capital expenditure expanded 10.8 percent, faster than a 6.3 percent gain previously. source: Australian Bureau of Statistics

Private Investment in Australia averaged 1.25 percent from 1987 until 2023, reaching an all time high of 18.70 percent in the second quarter of 1996 and a record low of -8.70 percent in the third quarter of 2015. This page provides - Australia Private Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Private Capital Expenditure - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Private Investment in Australia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Private Capital Expenditure is projected to trend around 0.60 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Australia Private Capital Expenditure



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-01 01:30 AM Q1 2.4% 3.0% 1.0%
2023-08-31 01:30 AM Q2 2.8% 3.7% 1.2% 1.5%
2023-11-30 12:30 AM Q3 2.8% 0.3%


Related Last Previous Unit Reference
Industrial Production Mom 0.70 0.80 percent Mar 2023
Industrial Production 2.70 1.66 percent Mar 2023
Manufacturing Production -1.11 -3.29 percent Mar 2023
Changes in Inventories 2417.00 2360.00 AUD Million Mar 2023
Corporate Profits 150402.00 149661.00 AUD Million Mar 2023
Building Capital Expenditure 3.50 1.30 percent Jun 2023
Plant Machinery Capital Expenditure 1.90 4.20 percent Jun 2023
Private Investment 2.80 3.70 percent Jun 2023
Mining Production 5.71 4.88 percent Mar 2023
Business Inventories 1.20 0.30 percent Mar 2023

Australia Private Capital Expenditure
Private investment in Australia refers to quarter on quarter change in Private Capital Expenditure. The Capital Expenditure Survey in Australia includes the following industries: 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
2.80 3.70 18.70 -8.70 1987 - 2023 percent Quarterly
SA

News Stream
Australia Private Capex Growth Slows to 2.8% in Q2
Total new capital expenditure in Australia advanced by 2.8 percent quarter-on-quarter in the three months to June 2023, easing from an upwardly revised 3.7 percent growth in the previous period, and compared with market consensus of a 1.2% rise, as expenditure on equipment, plant and machinery eased (1.9% vs 4.2% in Q1). Meanwhile, spending on buildings and structures investment continued to grow (3.5% vs 3.2%). Through the year to June, private capital expenditure expanded 10.8 percent, faster than a 6.3 percent gain previously.
2023-08-31
Australia Private Capex Growth Eases to 2.4% in Q1
Total new capital expenditure in Australia expanded by 2.4 percent quarter-on-quarter in the three months to March 2023, slowing from an upwardly revised 3.0 percent growth in the previous period, as buildings and structures investment eased (1.3% vs 3.6% in Q4). Meanwhile, expenditure on equipment, plant and machinery grew by 3.7% after increasing 0.6% in the December quarter. Through the year to March, private capital expenditure expanded 6.3 percent, faster than a 3.6 percent rise previously.
2023-06-01
Australia Q4 Private Capex Rises More than Estimated
Total new capital expenditure in Australia rose by 2.2 percent quarter-on-quarter in the three months to December 2022, topping market forecasts of 1.3 percent and accelerating from an upwardly revised 0.6 percent growth in the previous period. This was the steepest increase in private capital spending in a year, as buildings and structures investment quickened (3.6% vs 2.3% in Q3). Also, expenditure on equipment, plant and machinery grew by 0.6% after falling 1.2% in the September quarter. Through the year to December, private capital expenditure expanded 3.6 percent, faster than a 2.5 percent rise previously.
2023-02-23