In economics, physical capital or just capital is a factor of production (or input into the process of production), consisting of machinery, buildings, computers, and the like. The production function takes the general form Y=f(K, L), where Y is the amount of output produced, K is the amount of capital stock used and L is the amount of labor used. In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function. The others are natural resources (including land), and labor — the stock of competences embodied in the labor force. 'Physical' is used to distinguish physical capital from human capital (a result of investment in the human agent)), circulating capital, and financial capital.[1][2] 'Physical capital' is fixed capital, any kind of real physical asset that is not used up in the production of a product.

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Usually the value of land is not included in physical capital as it is not a reproducible product of human activity.

Key people Ivan Slavich Wayne Bouffler (CTO) John Mackay, Chairman Products,,,, cable television, land-line and services Website TransACT is the trading name of TransACT Capital Communications, an Australian telecommunications company based in which provides internet access,, services, and mobile phone services in Canberra and a subset of these services in, throughout South-east and in. In November 2011, TransACT was acquired by Limited, which in 2015 itself became a subsidiary of, it continues to trade as TransACT. Previously, the company was part-owned by Actew Corporation a 50% joint venture partner in (the main energy and water utility company in the ). TransACT headquarters in TransACT was launched in 1996 by a small team comprising Robin Eckermann (Chief Architect), Joe Ceccato, Robert Clarke and Jane Taylor, working under the guidance of ACTEW Executive Neville Smith, the company adopted an (OAN) business model, separating the wholesale and retail businesses. TransACT operates in collaboration with ten, comprising a mix of large national organisations and smaller local operations. One of the ISPs (Grapevine) which was previously owned by both TransACT and ActewAGL became a wholly owned subsidiary in March 2010.

The company has an extensive fibre network in the ACT., and technologies are used to deliver services via dedicated hubs or gateways that are built around the region. Services are delivered to various businesses, government departments and residential customers via a diverse range of. At the end of 2007, the company acquired the regional Victoria telecommunications company, with its (HFC) cable networks and customers in three Victorian regional cities of, and, and rebranded it as TransACT in June 2011. The first broadband platform rolled out known as Phase 1 network was based on (fibre to the curb) design with nodes being placed within 300 metres of premises. SDH backbone is used to transport voice, data and video whereas technology is used as the access network to get customers connected to TransACT's high-speed broadband and digital TV services. Coincidentally, TransACT also became the first telco in Australia to implement this particular high-speed broadband technology much superior to ADSL, which was prominent throughout the country at that time. TransACT remains as the only telco to support VDSL and the products are still actively sold with network reach-ability to over 55,000 homes in the ACT.