Australia Private Capital Expenditure declined to -9.2% in 3Q from previous -4%

Australia's private capital expenditure (CAPEX) has come at -9.2% for Q3 vs -2.9% expected and -4% prior, while the 4th estimate of investment plans for 2015/16, with the survey conducted from Oct to early Nov, coming at A$120bln, in line with expectations and against 3rd estimate of A$115bln.