Private capital expenditure in Australia was down a seasonally adjusted 5.2 percent on quarter in the first three months of 2016, the Australian Bureau of Statistics said on Thursday - standing at A$30.613 billion.
That missed forecasts for a decline of 3.5 percent following the 0.8 percent increase in the three months prior.
On a yearly basis, capex tumbled 15.4 percent.
Individually, capex on buildings and structures fell 7.9 percent on quarter and 18.8 percent on year to A$18.860 billion. Spending for plants, equipment and machinery dipped 0.5 percent on quarter and 9.2 percent on year to A$11.753 billion.
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