Private new capital expenditure on equipment, plant and machinery in Australia expanded by 0.6 percent quarter-on-quarter in the three months to December 2022, after a downwardly revised 1.2 percent fall in the previous period. This was the slower rate compared with a 3.6 percent rise in buildings and structures investments. On an industry basis, capital expenditure on equipment, plant and machinery rose for mining and non-mining by 0.7% and 2.8%, respectively. Through the year to December, spending on equipment, plant and machinery grew 3.4 percent. source: Australian Bureau of Statistics

Plant Machinery Capital Expenditure in Australia averaged 1.37 percent from 1987 until 2022, reaching an all time high of 21.00 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 March of 2023.

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Australia Plant Machinery Capital Expenditure

Calendar GMT Actual Previous Consensus TEForecast
2022-12-01 12:30 AM Q3 -1.6% 2.2% 1.1%
2023-02-23 12:30 AM Q4 0.6% -1.2% 1.2%
2023-06-01 01:30 AM Q1 0.6%

Related Last Previous Unit Reference
Building Capital Expenditure 3.60 0.50 percent Dec 2022
Private Investment 2.20 0.60 percent Dec 2022

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
0.60 -1.20 21.00 -8.80 1987 - 2022 percent Quarterly