Original article by Jacob Greber
The Australian Financial Review – Page: 4 : 27-Nov-15

Data from the Australian Bureau of Statistics shows that the business sector’s overall capital expenditure fell by a higher-than-expected 9.2 per cent in the September 2015 quarter. Capex by mining companies fell by 10.4 per cent during the period, while non-mining investment was 8.2 per cent lower. However, capex in the manufacturing sector increased by 6.9 per cent. Total capex for Australian companies in 2015-16 is expected to top $A120bn, which is 21 per cent lower than previously.

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