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Private New Capital Expenditure and Expected Expenditure, Australia, June 2023
Key statistics: • Total new capital expenditure rose by 2.8% • Buildings and structures rose by 3.5% • Equipment, plant and machinery rose by 1.9% • Estimate 3 for 2023-24 is $157.8b. This is 14.5% higher than Estimate 2 for 2023-24 table New capital expenditure in seasonally adjusted volume terms Total new capital expenditure: The trend estimate for total new capital expenditure rose 3.0% The seasonally adjusted estimate for total new capital expenditure rose 2.8% Buildings and structures: The trend estimate for buildings and structures rose 3.2% The seasonally adjusted estimate for buildings and ... (full story)