Private capital expenditure for the first quarter of the year.
Headline capex spend % q/q
- expected +0.5% q/q
- prior +2.0% Plant and machinery expenditure -0.5% q/q … disappointing
- building -2.8% q/q
Estimate 6 for total capital expenditure for 2018-19 is $122,193m (estimate 5 was 118.4bn)
- This is 3.8% higher than Estimate 6 for 2017-18
Over on the far right of that graph are the estimates (the first and second) for 2019-20. While caution needs be exercised with these (they are early estimates) they are higher than the same estimates for 18/19.
more to come
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For background:
