The total amount of private capital expenditure was up a seasonally adjusted 6.1 percent in the first quarter of 2012 compared to the previous three months, the Australian Bureau of Statistics said on Thursday, coming in at A$40.002 billion.
That beat forecasts for an increase of 4.0 percent following the downwardly revised 0.7 percent decline in the fourth quarter of 2011.
The seasonally adjusted estimate for buildings and structures rose 10.5 percent in the March quarter, while the estimate for equipment, plant and machinery eased 0.1 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.