The Australian Q2 Capex data (including revised estimates for business expenditures in 2015/16) is here
That link also has my response ... which is its tepid but a little better than it was ...
Anyway ...
This from the FT (FAstFT, gated), in (very) brief):
- Australian capital expenditure shrank in the second quarter of this year
- But the forecast for planned investment has been bumped higher, propping up the Australian dollar in morning trade
- Investment by the mining industry declined 11.3 per cent (mining investment boom ends is not new news)
Author: Eamonn Sheridan
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