Australia Private Investment

Last Release

Dec 31, 2024

Actual

-0.2

Units In

1.1

Frequency

Quarterly

Next Release

May 29, 2025

Time to Release

2 Months 28 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
18.7 Jun 1996	-8.7 Sep 2015	1.2 %	1987-2024	Australian Bureau of Statistics

Private investment in Australia refers to quarter on quarter change in Private Capital Expenditure. The Capital Expenditure Survey in Australia includes the following industries: Mining, Manufacturing & Other selected industries such as Electricity, Gas, Water and Waste Services, Construction, Wholesale Trade, Retail Trade, Transport, Postal and Warehousing, Information Media and Telecommunications Finance and Rental, Hiring and Real Estate Services Professional, Scientific and Technical Services.

Latest Updates

Total new capital expenditure in Australia unexpectedly contracted by 0.2% quarter-on-quarter in the fourth quarter of 2024, missing market expectations of 0.8% growth and following an upwardly revised 1.6% expansion in the previous quarter. This decline was weighed down by decreases in spending on equipment, plant, and machinery, which dropped by 0.8%, partially offset by a 0.2% rise in buildings and structures. Investment shrank in both mining industries (-0.6%) and non-mining sectors (-0.1%). Geographically, the Australian Capital Territory saw the steepest falls (-8.3%), followed by South Australia (-6.7%), New South Wales (-1.6%), and Queensland (-1.6%). Meanwhile, Western Australia (3.1%) and the Northern Territory (6.1%) recorded significant gains. On an annual basis, private capital expenditure grew by 0.6% through the year to December, following an upwardly revised 1.6% rise in the third quarter.