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Private Capital Expenditure (CAPEX) data from the ABS for the fourth quarter disappointed the market with a 2.2% decline on the quarter (against an expected 1.6% decline). This comes after an upward revision to the Q3 data saw a 0.2% increased upgraded to a 0.6% increase (see our post on …read more
The private capital expenditure data released this morning has been a pleasant surprise for the markets. Third quarter actual CAPEX had been expected to come in around a 1.5% decline; in actual fact the result was a modest 0.2% increase. The crucial Plant, Equipment and Machinery component, which will feed …read more
Private Capital Expenditure (CAPEX) for the second quarter was up 1.1% on a seasonally adjusted basis from the previous quarter. This result was significantly better than the market expectation of a fall of about 1%. CAPEX fell 4% from the same quarter a year ago. In Queensland CAPEX fell 2.1% for the …read more
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