As posted earlier in the session, for the headline:

  • expected 2.5% q/q, prior 6.3%

Apart from the headline eyes will also be on:

  • the equipment investment sub-component
  • estimate 3 for FY2021/22 capex, which is usually higher than the 2nd estimate but given the survey was taken July-early August, in the midst of lockdowns covering nearly half of Australia's population, there is a risk of a weaker than normal result.