Australian headline capex spend for Q2 2025: +0.2% q/q (expected +0.7%, prior -0.1%)

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Q2 2025 Australian Private Capital Expenditure

Building Capital Expenditure +0.2% q/q

Plant/Machinery Capital Expenditure +0.3% q/q

Estimate 3 for 2025-26 is $174.8b. This is 12.0% higher than Estimate 2 for 2025-26.

A bit of a mixed bag this report. The headline is weker than expected.

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