Australian Q3 capital expenditure: +3.6% (vs expected -1.2%)

• prior was +1.6%, a big revision lower from the +4.0% initially announced

This is the ‘headline’ data, of more focus for the market is the 4th estimate for 2013/14 Capex spending, which I’ll have in a moment

Much better headline than expectedc – AUD/USD above 0.9110