Net capital investment
Total net capital investment for 2007‑08 was $2.6 billion, which is $244 million lower than estimated in the 2008‑09 Budget. This primarily reflects reduction in inventories of $46 million largely owing to delays in the replacement of the National Medical Stockpile inventory, and delays in purchases of non‑financial assets of $96 million that occurred across a range of agencies.
Table 4: Australian Government general government sector net capital investment by function
- From the 2008‑09 Budget purchases of specialist military equipment are treated as net capital investment rather than as expenses.