Mining continues to dominate capital work spending
Private expenditure on new capital works has increased 23.7% compared with the June quarter last year, according to new data released by the Australian Bureau of Statistics (ABS).
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The mining industry had a big role to play in increasing expenditure after quarterly expenditure in this sector increased 75% from the previous corresponding period.
This brought the mining sector’s yearly spend on capital works to $82 billion. ...
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