• New business investment rose by 6.2 per cent in the September quarter – the biggest increase in three years. Mining dominated investment plans with investment in the sector up by 15.6 per cent as opposed to manufacturing investment which fell by 6.3 per cent in the September quarter.
• Equipment spending fell by 1.1 per cent in the quarter while spending on buildings rose by 13.4 per cent.
• Businesses expect to invest $123.9 billion in the 2010/11 year unchanged on the third estimate from the June quarter and slightly down on the usual (decade average) upgrade of 1.7 per cent made by firms at this time of the year. Investment plans are up 19.5 per cent on the equivalent estimate made a year ago.

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