VALUE OF WORK COMMENCED VOLUME TERMS
TREND AND SEASONALLY ADJUSTED ESTIMATES
 | Jun qtr 09 | Mar qtr 09 to Jun qtr 09 | Jun qtr 08 to Jun qtr 09 |
| $m | % change | % change |
Trend(a) |
|
| Value of work commenced | 13 230.3 | -9.9 | -32.7 |
| New residential building | 6 696.1 | -7.4 | -29.3 |
| Alterations and additions to residential building | 1 361.0 | -2.7 | -12.8 |
| Non-residential building | 5 333.5 | -11.7 | -38.2 |
Seasonally Adjusted(a) |
|
| Value of work commenced | 13 043.8 | -11.5 | -35.2 |
| New residential building | 6 741.4 | -7.7 | -30.3 |
| Alterations and additions to residential building | 1 340.3 | -5.8 | -13.8 |
| Non-residential building | 4 962.0 | -17.6 | -44.4 |
|
| (a) Chain volume measures, reference year 2006-07. |
TREND
- The trend estimate of the total value of building work commenced fell 9.9% in the June quarter 2009.
- The value of new residential building commenced fell 7.4%. New house commencements fell 2.4% and new other residential commencements fell 17.3%. The value of commencements for alterations and additions to residential buildings fell 2.7%. The value of non-residential building commenced fell by 11.7%.
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 11.5% following a fall of 9.5% in March.
- Commencements of new residential buildings fell 7.7% to $6,741.4m. New house commencements rose 0.8%, to $5,196.9m, while new other residential building fell 28.0% to $1,544.5m. Alterations and additions fell 5.8% to $1,340.3m. Non-residential work commenced fell 17.6%, to $4,962.0m.
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