In Australia, business investment as a share of GDP peaked as far back as 1998, and has gradually declined for three years. While some people might look at this and say that that is a terrible outcome, I tend to look at it and say that it won’t fall further.
Indeed, with investment at historically low levels, a rise is more likely than a fall in the next couple of years. The forward-looking data provided by the ABS survey say the same thing.