ONLY CHARTS #573
Aus CAPEX, Aus household spending, Aus temporary visa holders, Aus Q1 GDP growth nowcast, NZ filled jobs
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1. Real private capex in Australia rose +6.5% q/q and +14.6% y/y in Q1. Non-mining capex grew +8.8% q/q and mining capex was unchanged.
The ABS noted that capex on data centres was very strong in the quarter.
2. Total private machinery & equipment capex, which is an input to GDP calculations, rose a whopping +18.1% q/q in real terms in Q1.
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