Total new capital expenditure in Australia unexpectedly fell 0.6 percent quarter-on-quarter in the three months to September 2022, missing market forecasts of a 1.5 percent rise and after an upwardly revised flat growth in the previous period. The decline was mainly due to a fall in equipment, plant, and machinery (-1.6% vs 2.2% in Q2), as buildings and structures investments grew (0.5% vs -2.0%). Through the year to September, private capital expenditure went up 1.7 percent after gaining 2.1 percent in Q2. source: Australian Bureau of Statistics
Private Investment in Australia averaged 1.21 percent from 1987 until 2022, 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 February of 2023.
Private Investment in Australia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.