The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the September quarter of 2014, which registered a surprise 0.2% seasonally adjusted lift in capex over the quarter but a 5.9% decrease over the year. The result beat analyst’s expectations of a 1.9% fall over the quarter (see below table).
While Houses and Holes has covered the more important capex intentions survey, which covers industry’s forward-looking capex plans over the coming years, below are some backward looking charts showing actual capex up to the September quarter of 2014.