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8752.0 - Building Activity, Australia, Dec 2009 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/04/2010   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Dec qtr 09
Sep qtr 09 to Dec qtr 09
Dec qtr 08 to Dec qtr 09
$m
% change
% change

Trend(a)

Value of work commenced
21 647.5
15.4
26.7
New residential building
8 807.5
8.1
6.7
Alterations and additions to residential building
1 606.0
4.9
6.2
Non-residential building
10 873.4
19.6
48.8

Seasonally Adjusted(a)

Value of work commenced
22 584.4
16.5
33.8
New residential building
9 204.7
15.2
16.8
Alterations and additions to residential building
1 689.8
14.4
16.1
Non-residential building
11 689.9
17.8
54.9

(a) Reference year 2007-08.



TREND
  • The trend estimates of the total and non-residential value of building commenced have not been adjusted for BER and should be used with caution.
  • The trend estimate of the total value of building work commenced rose 15.4% in the December quarter 2009 and is 26.7% higher than December 2008.
  • The value of new residential building commenced rose 8.1%. The value of new house commencements rose 8.5% and new other residential commencements rose 6.4%. The value of commencements for alterations and additions to residential buildings rose 4.9%. The value of non-residential building commenced rose by 19.6%.
Value of Work Commenced, Trend(a)
Graph: Value of Work Commenced, Trend(a)



SEASONALLY ADJUSTED
  • In seasonally adjusted terms, the estimate of the total value of building work commenced in the December quarter rose 16.5% following a rise of 33.3% in September.
  • Commencements of new residential buildings rose 15.2% to $9,204.7m. New house commencements rose 14.8%, to $6,784.8m, and new other residential building rose 16.4% to $2,419.9m. Alterations and additions rose 14.4% to $1,689.8m. Non-residential work commenced rose 17.8%, to $11,689.9m.


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