The Australian Bureau of Statistics (ABS) today released data on capital expenditures (capex) for the September quarter, which registered a 2.2% seasonally adjusted fall in capex volumes over the quarter but a 12.9% increase over the year (see below table).
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The annual nation accounts were also released recently, which recorded a small increase in capex over 2020-21; albeit weak investment as a share of GDP:
Below are charts tracking capex across the major categories:
Capex has fallen heavily as a percentage of GDP from the mining boom’s peak.