FX.co ★ Australia Plant Machinery Capex Drops 1.3% in Q1

During the first quarter of 2025, Australia's private investment in equipment, plant, and machinery experienced a 1.3% decrease compared to the previous quarter. This follows a revised decline of 0.6% in the prior period. The recent figures reflect a downturn primarily in non-mining sectors, which decreased by 0.9%. However, this overall drop was somewhat mitigated by a 1.9% increase in mining equipment investments.