8731.0 - Building Approvals, Australia, May 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 03/07/2007   
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MAY KEY FIGURES

May 07
Apr 07 to May 07
May 06 to May 07
no.
% change
% change

TREND
Total dwelling units approved
12 359
-0.6
-3.7
Private sector houses
8 603
0.1
-1.0
Private sector other dwellings
3 437
-1.9
-11.2
SEASONALLY ADJUSTED
Total dwelling units approved
12 004
-5.6
-7.2
Private sector houses
8 503
-3.2
-4.1
Private sector other dwellings
3 226
-10.0
-16.6

Dwelling units approved,
Total number

Graph: Number of dwelling units approved

Private sector houses approved,
Total number

Graph: Private sector houses approved



MAY KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwelling approvals fell 0.6% in May 2007 following a revised fall of 0.3% in April 2007.
  • The seasonally adjusted estimate for total dwelling units approved fell 5.6% in May 2007 which follows a revised increase of 3.4% in April 2007.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector house approvals rose 0.1% in May.
  • The seasonally adjusted estimate for private sector houses approved fell 3.2% in May.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved fell 1.9% in May following a revised fall of 1.5% in April.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 10.0% in May which follows a revised rise of 5.8% in April.


VALUE OF BUILDING APPROVED
  • The trend estimate for the value of total building approved fell 0.8% in May. The trend estimate for the value of new residential building fell 0.2%, while the trend estimate for the value of alterations and additions also fell 0.2%. The trend estimate for the value of non-residential building approved fell 1.6% in May.
  • The seasonally adjusted estimate for the value of total building approved fell 1.8% in May following a revised fall of 5.8% in April. The seasonally adjusted estimate for the value of new residential building approved fell 6.9% in May which follows a revised increase of 1.5% in April. The seasonally adjusted estimate for the value of alterations and additions rose 4.7%. The seasonally adjusted estimate for the value of non-residential building rose 3.9% in May following a revised fall of 14.2% in April.


NOTES

CHANGES IN THIS ISSUE

There are no changes in this issue.



REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

2005-06
2006-07
Total

NSW
-
108
108
Vic.
-
55
55
Qld
17
488
505
SA
4
24
28
WA
-
-19
-19
Tas.
-
10
10
NT
-
-3
-3
ACT
-
-
-
Total
21
663
684


The revisions for Queensland include some missing data from the Brisbane City Council and Gold Coast City Council for March and April 2007. This was due to processing delays within these councils. These problems have now been rectified.


Value of Building:


One missing permit added to September 2006 data contributed an upward revision of $138m to the value of non-residential approvals in New South Wales.


One missing permit added to December 2006 data contributed an upward revision of $60m to the value of non-residential approvals in Western Australia.



DATA NOTES

A new chain volume reference year has typically been introduced annually every June quarter. From 2007 onwards the updating of the reference year will be completed in the September quarter each year. From September 2007, the new reference year will be 2005-06 for chain volume estimates. This will result in revisions to growth rates in quarters following 2005-06 but will preserve additivity in those quarters. For earlier periods re-referencing affects the levels of, but not the movements in, chain volume estimates.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7648.