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Australia's Capex Unexpectedly Recovers In Q4 2015

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australia's business investment surged unexpectedly in the final quarter of 2015, with mining investment decline moderating, while non-mining investment rose slightly. According to the Australian Bureau of Statistics, business capital expenditure increased 0.8% to 31.941 billion, a sharp improvement after the revised 8.4% plunge in the prior quarter, which was[​IMG]

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