In November 2020, 29 percent of businesses in Australia indicted that they invested in capital expenditure due to future economic uncertainty. While this was the most common reason for capital expenditure in both August and November, significantly more businesses were undertaking capital expenditure in August, at the height of Australia's coronavirus second wave.
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Reasons for business capital expenditure in Australia in August and November 2020, by influencing factor
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Australian Bureau of Statistics. (November 20, 2020). Reasons for business capital expenditure in Australia in August and November 2020, by influencing factor [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1188953/australia-factors-influencing-plans-for-capital-expenditure/
Australian Bureau of Statistics. "Reasons for business capital expenditure in Australia in August and November 2020, by influencing factor." Chart. November 20, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1188953/australia-factors-influencing-plans-for-capital-expenditure/
Australian Bureau of Statistics. (2020). Reasons for business capital expenditure in Australia in August and November 2020, by influencing factor. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1188953/australia-factors-influencing-plans-for-capital-expenditure/
Australian Bureau of Statistics. "Reasons for Business Capital Expenditure in Australia in August and November 2020, by Influencing Factor." Statista, Statista Inc., 20 Nov 2020, https://www.statista.com/statistics/1188953/australia-factors-influencing-plans-for-capital-expenditure/
Australian Bureau of Statistics, Reasons for business capital expenditure in Australia in August and November 2020, by influencing factor Statista, https://www.statista.com/statistics/1188953/australia-factors-influencing-plans-for-capital-expenditure/ (last visited November 03, 2024)
Reasons for business capital expenditure in Australia in August and November 2020, by influencing factor [Graph], Australian Bureau of Statistics, November 20, 2020. [Online]. Available: https://www.statista.com/statistics/1188953/australia-factors-influencing-plans-for-capital-expenditure/