Australian Q3 headline capex -0.2% q/q (expected +0.8%)

Australian Q3 headline Private Capital Expenditure -0.2% q/q

  • expected +0.8%
  • prior +1.1%
  • For the y/y its +0.6% (from +1.6%)

Plant/machinery capex -0.8%

  • prior +1.1%

Building capex +0.2%

  • prior +1.1%

Estimate 5 for 2024-25 is $183.4b

  • This is 3.2% higher than Estimate 4 for 2024-25

Estimate 1 for 2025-26 is $148.0b.

  • This is 1.8% higher than Estimate 1 for 2024-25

This article was written by Eamonn Sheridan at www.forexlive.com.

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