LOGIN JOIN SHARECAFE SIGN UP FOR OUR NEWSLETTER ADVERTISE
share cafe logo  
 
SHARECAFE COMMENTARY

Stephen Koukoulas - Business Capex
BY STEPHEN KOUKOULAS - 27/11/2017 | VIEW MORE ARTICLES BY ALAN KOHLER

With the RBA and Treasury effectively betting the house on a pick up in business investment, the Private Capital Expenditure survey will be vital to see whether the tentative signs of a turn in investment in the non-mining sector has continued in the September quarter and more importantly, continued in the business investment expectations for the next year.

After sharp falls in the decade from 2005 to around 2015, when non-mining investment as a per cent of GDP fell to a record low, there has been a small, but welcome upturn. With consumer demand still weak, a pick up in overall economic growth is relying on business investment to pick up the slack. Certainly the NAB and illion business confidence and business expectations surveys are pointing to strength. The proof will be to see whether this optimism translates to actual fresh investment activity.

 



View More Articles By Alan Kolher

The Constant Investor is the new home of Alan Kohler, founder of Eureka Report and the ABC's finance presenter. Join to receive - Kohler's Weekly Overview, exclusive stock tips, investment ideas, podcasts and much more. Click here to learn more.



 

SHARECAFE VIDEO


What are the current opportunities and key risks?

More video   

RECENTLY ADDED TO SHARECAFE


 › Stronger USD Keeps Heat On Gold, Metals
 › Oil Rallies As OPEC Confirms Modest Output Hikes
 › Shares In Countdown To June 30
 › Diary: Local Jobs, EU Summit, US Housing
 › ASX Outshines Wall St Over The Week
 › Monday At The Open
 › Marcus Today End Of Day Report
 › Friday At The Close
 › Australian Dollar: Everything You MUST Know In 5 Charts
 › Consumers Are Driving China's Economic Growth - And Foreign Investors Have Noticed
 › US Supreme Court Rules States Can Tax Online Sales
 › Tolga & The Boys Await News From The Alderan Front
 › Market At Midday On Friday
 › Birds, Bees And Bugs, Going, Going, Gone
More ShareCafe   

GET THE SHARECAFE BREAKFAST BRIEFING


Delivered free to your inbox before the market opens each trading day. Sign up below +