|
| Quarter |
2007–08 |
2008–09 |
2009–10 |
2010–11 |
2011–12 |
|
|
|
|
|
|
| Chain volume measures (a) (b) – $ million |
|
|
|
|
|
|
|
|
| September |
47 193 |
51 391 |
46 857 |
47 773 |
59 779 |
| December |
47 554 |
50 786 |
49 018 |
49 294 |
59 301 |
| March |
49 516 |
49 646 |
46 549 |
51 782 |
62 627 |
| June |
50 808 |
47 734 |
46 894 |
52 006 |
63 472 |
|
|
|
|
|
|
| Annual |
195 071 |
199 557 |
189 318 |
200 855 |
245 179 |
| |
|
|
|
|
|
|
|
|
|
|
|
| Annual change (b) – per cent |
|
|
|
|
|
|
|
|
|
| September |
16.6 |
8.9 |
-8.8 |
2.0 |
25.1 |
| December |
17.1 |
6.8 |
-3.5 |
0.6 |
20.3 |
| March |
11.5 |
0.3 |
-6.2 |
11.2 |
20.9 |
| June |
11.1 |
-6.1 |
-1.8 |
10.9 |
22.0 |
|
|
|
|
|
|
| Annual |
13.9 |
2.3 |
-5.1 |
6.1 |
22.1 |
| |
|
|
|
|
|
(a) Reference year for chain volume measures is 2008–09.
(b) Quarterly figures are seasonally adjusted.
Source: ABS, Australian national accounts: national income, expenditure and product, Cat. no. 5206.0
Update 5 December 2012
|
Key points
Real business investment increased by 1.3 per cent to $63.5 billion (2008–09 dollars) in the June quarter 2012, and was 22.9 per cent above June 2011.
Overall, business investment has been increasing since March 2010 at an average rate of 3.5 per cent per quarter, and is now 23.5 per cent greater than the peak experienced in September 2008 — before the start of the global financial crisis.
The quarterly increase in business investment in June 2012 was largely due to the increase in investment in ‘non-dwelling construction’ which rose 2.1 per cent, and currently represents 49.6 per cent of all business investment. Investment in ‘machinery and equipment’ dropped 0.2 per cent, ‘intangible fixed assets’ dropped 0.6 per cent, and ‘livestock’ investment rose 7.2 per cent, in the June 2012 quarter.
What is measured
Business investment is a component of the wider ABS System of National Accounts statistics. The business investment component measures private gross fixed capital formation in non-dwelling construction, machinery and equipment, livestock and intangible fixed assets by private businesses.
This bulletin report covers seasonally adjusted, chain volume measures, private business new capital formation. The ABS also publishes original and trend data for this series.
Related statistics in this bulletin
- 1.1 Employment
- 3.1 Gross domestic product
- 3.3 Wages and profits share
- 5.1 Business interest rates
- 5.5 Stock exchange indexes
Related publications
- NAB, Monthly survey of business confidence
- Melbourne Institute, Monthly bulletin of economic trends
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