The latest private business Capital Expenditure survey from the ABS provides information on actual spending in Q1 as well as an update of plans for the 2014/15 financial year and the second estimate of plans for 2015/16. Capex plans for 2015/16 are very weak, with a marked downgrade from the initial estimate, as reported three months ago. Mining plans are for a sharp cut in Capex spending and the service...