Total new capital expenditure in Australia unexpectedly fell 0.3 percent quarter-on-quarter in the three months to June 2022, missing market forecasts of a 1.5 percent rise and after an upwardly revised 0.4 percent increase in the previous period. The decline was mainly due to a fall in buildings and structures investments (-2.5 percent vs -0.6 percent in Q1), as equipment, plant and machinery grew further (2.1 percent vs 1.5). Through the year to June, private capital expenditure went up 2.0 percent. source: Australian Bureau of Statistics
Private Investment in Australia averaged 1.23 percent from 1987 until 2021, 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 September of 2022.
Private Investment in Australia is expected to be -0.20 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 1.10 percent in 2023, according to our econometric models.