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8752.0 - Building Activity, Australia, Jun 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 12/10/2007   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Jun qtr 07
Mar qtr 07 to
Jun qtr 07
Jun qtr 06 to
Jun qtr 07
$m
% change
% change

Trend(a)

Value of work commenced
15 687.5
-1.0
2.6
New residential building
7 966.0
-0.6
1.8
Alterations and additions to residential building
1 404.3
-2.7
-6.9
Non-residential building
6 327.9
-0.9
6.3

Seasonally Adjusted(a)

Value of work commenced
15 395.5
-4.2
-3.9
New residential building
7 836.7
-3.0
-0.1
Alterations and additions to residential building
1 444.2
4.4
-0.1
Non-residential building
6 114.6
-7.5
-9.2

(a) Chain volume measures, reference year 2004-05.



TREND

  • The June quarter trend estimate of the total value of building work commenced fell 1.0% from the revised March quarter estimate.
  • The value of new residential building commenced fell 0.6%. New house commencements rose 0.4% and new other residential commencements fell 2.7%. The value of commencements for alterations and additions to residential buildings fell 2.7%. The value of non-residential building fell by 0.9%.
Value of Work Commenced in Volume Terms, Trend
Value of Work Commenced in Volume Terms, Trend




SEASONALLY ADJUSTED
  • In seasonally adjusted terms, the estimate of the total value of building work commenced in the June quarter fell 4.2% from the revised March quarter estimate.
  • Commencements of new residential buildings fell 3.0%, to $7,836.7m. New house commencements fell 1.4%, to $5,649.6m, while new other residential building fell 6.8%, to $2,187.1m. Alterations and additions rose 4.4%, to $1,444.2m. Non-residential work commenced fell 7.5%, to $6,114.6m.

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