Australia’s private new capital expenditure fell -0.2% QoQ (vs 0.8% QoQ expected) and 0.6% YoY in Q4 2024.

• Buildings & structures expenditures increased 0.2% QoQ but was down -1.0% YoY.
• Equipment, plant & machinery expenditures fell -0.8% QoQ but was up 2.4% YoY.