Capital expenditure in the second quarter was weaker than anticipated and declined by 4% compared to the previous quarter. Equipment spending fell by 1.2% and building/structure spending fell by 5.6%. Estimate 3 for 2015/16 capex plans was $114.8bn, 10% higher than May’s Estimate 2 of $104bn but well down on the previous year’s Estimate 3 of $145bn. Given the relationship (see below chart) between the capex plans and actual expenditure,...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24