FX.co ★ Australia Building Capex Rises 2.1% in Q3

In the third quarter of 2025, Australia's private new capital expenditure on buildings and structures saw a significant improvement, increasing by 2.1% quarter-on-quarter. This acceleration follows a modest rise of 0.2% in Q2, marking the fastest growth in a year. Notably, non-mining sectors experienced a 3.6% uptick, though this was slightly tempered by a 0.4% drop in investments related to mining. When broken down by industry, the most substantial increases in capital expenditure were observed in wholesale trade (with a surge of 30.5%), accommodation and food services (up 22.4%), construction (16.4%), manufacturing (15.1%), and administrative and support services (14.8%). According to Tom Lay, the head of business statistics at the Australian Bureau of Statistics (ABS), the surge was chiefly propelled by significant projects in the manufacturing, accommodation and food services, as well as the information media and telecommunications sectors. Over the year, spending in these areas rose by 4.3% by the end of Q3.