Australian Q3 headline capex -0.2% q/q (anticipated +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.