Australian Bureau of Statistics releases revised estimates for quarter ended in September, with trend estimate for value of total building work up 0.9% from previous quarter to AU$21B; value of new residential building work up 0.4% to AU$10.6B

BELCONNEN, Australian Capital Territory , January 16, 2014 (press release) –

 

Sep qtr 13

    Jun qtr 13 to Sep qtr 13

Sep qtr 12 to Sep qtr 13


$m

% change

% change


TREND ESTIMATES(a)


Value of work done

21 018.6

0.9

3.9

New residential building

10 565.2

0.4

4.7

Alterations and additions to residential building

1 727.1

-0.2

-2.3

Non-residential building

8 719.4

1.5

4.2


SEASONALLY ADJUSTED ESTIMATES(a)


Value of work done

21 124.3

1.6

5.4

New residential building

10 602.2

1.3

5.3

Alterations and additions to residential building

1 714.0

-3.3

-2.9

Non-residential building

8 808.1

3.0

7.3


(a) Reference year for chain volume measures is 2011-12.

Value of work done, Chain volume measures
Graph: Value of work done, Chain volume measures
Value of work done, Chain volume measures -Trend estimates
Graph: Value of work done, Chain volume measures—Trend estimates


BUILDING WORK DONE

  • The trend estimate of the value of total building work done rose 0.9% in the September 2013 quarter.
  • The seasonally adjusted estimate of the value of total building work done rose 1.6% to $21,124.3m in the September quarter, following a rise of 1.2% in the June 2013 quarter.


NEW RESIDENTIAL BUILDING WORK DONE

  • The trend estimate of the value of new residential building work done rose 0.4% in the September quarter. The value of work done on new houses fell 1.7%, while new other residential building rose 3.7%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 1.3% to $10,602.2m. Work done on new houses fell 0.4% to $6,336.3m, while new other residential building rose 3.8% to $4,265.9m.


NON-RESIDENTIAL WORK DONE

  • The trend estimate of the value of non-residential building work done rose 1.5% in the September quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 3.0%, following a rise of 1.8% in the June 2013 quarter.


DWELLING UNITS COMMENCED

Sep qtr 13
Jun qtr 13 to Sep qtr 13
Sep qtr 12 to Sep qtr 13
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
40 603
-0.6
4.9
New private sector houses
23 651
1.9
6.2
New private sector other residential building
15 696
-3.4
2.2

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
40 331
-2.0
2.6
New private sector houses
23 734
0.9
5.1
New private sector other residential building
15 277
-7.6
-0.4



Dwelling units commenced
Graph: Dwelling units commenced
Private dwellings commenced, Trend estimates
Graph: Private dwellings commenced, Trend estimates

TOTAL DWELLINGS

  • The trend estimate for the total number of dwelling units commenced fell 0.6% in the September 2013 quarter following a fall of 0.2% in the June quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 2.0% to 40,331 dwellings in the September quarter following a rise of 1.8% in the June quarter.


NEW PRIVATE SECTOR HOUSES

  • The trend estimate for new private sector house commencements rose 1.9% in the September quarter following a rise of 1.4% in the June quarter.
  • The seasonally adjusted estimate for new private sector house commencements rose 0.9% to 23,734 dwellings in the September quarter following a rise of 6.1% in the June quarter.

NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING

  • The trend estimate for new private sector other residential building commencements fell 3.4% in the September quarter following a fall of 1.9% in the June quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 7.6% to 15,277 dwellings in the September quarter following a fall of 0.2% in the June quarter.


NOTES

FORTHCOMING ISSUES
ISSUE (QUARTER)                    Release Date
December 2013                          16 April 2014
March 2014                                16 July 2014



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 27 November 2013. The data in this publication are based on a response rate of approximately 91% of the value of building work done during the quarter. The data are subject to revision when returns from the following quarter are processed. Final data for the September quarter 2013 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 16 April 2014.


CHANGES IN THIS ISSUE

A readily printable (PDF) publication is no longer released for this issue. Headline data items are presented in HTML format. Data series in the Time Series Spreadsheets are maintained and produced to the same timetable currently in place for this release.


SIGNIFICANT REVISIONS THIS ISSUE

  • Compared to the estimate published in Building Activity, Australia, June quarter 2013 (cat. no. 8752.0) released on 11 October 2013:
  • the total value of work done in Australia during June quarter 2013 has been revised upwards by $261.5m or 1.3%.
  • the total value of work commenced in Australia during June quarter 2013 has been revised upwards by $1,575.6m or 8.0%. This was driven by revisions to non-residential commencements ($1,156.1m).
  • the number of dwelling unit commencements in the June quarter 2013 has been revised upwards by 1189 dwellings or 3.0%.


DATA NOTE

Several time series spreadsheets contain 'np' (not available for publication) annotations from the September quarter 2012 onwards. This is due to confidential data being contained in these series.

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