Actual capex rebounded in June quarter

Thursday 31 August 2017

The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the June quarter, which registered a 0.8% seasonally adjusted rise in capex volumes over the quarter but a 3.0% decrease over the year (see below table).

While Houses and Holes has covered the forward-looking capex plans over the coming year, below are some backward looking charts showing actual capex up to the June quarter of 2017.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.