For example, investment covered by the Capex survey was much weaker than had been expected initially through the 1990s recession and early 2000s slowdown. But it was stronger than initially expected through the mid 2000s and a bit stronger than expected last financial year.
In short, if firms decide to undertake more investment than they had earlier anticipated, that investment can come about relatively quickly. Conclusions In conclusion, non-mining business investment has been subdued and measures of capacity utilisation remain a bit below average levels.