28.08.202502:35:49UTC+00Australia Plant Machinery Capex Rebounds in Q2

In the quarter ending June 2025, Australia's private new capital expenditure on equipment, plant, and machinery saw a modest increase of 0.3% from the previous quarter. This follows an adjusted 1.7% contraction in the March quarter. The uptick was primarily attributed to non-mining sectors, which experienced a 0.5% boost, although this gain was slightly diminished by a 0.8% dip in mining equipment investment. According to Robert Ewing, Head of Business Statistics at the ABS, "Information media and telecommunications experienced a noteworthy 22.8% surge, indicating a rebound in data center investment after reduced activity earlier in the year. Additionally, retail trade grew by 18.9%, spurred by advancements in supply chain and fulfillment center automation." Despite these gains, there was a significant 21.7% slump in construction expenditure, which tempered the overall rise in equipment and machinery investment. On an annual scale, expenditure dropped by 1.1% compared to the previous year, following an adjusted 2.1% decrease in the first quarter.