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8752.0 - Building Activity, Australia, Mar 2010 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/07/2010   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Mar qtr 10
Dec qtr 09 to Mar qtr 10
Mar qtr 09 to Mar qtr 10
$m
% change
% change

Trend(a)

Value of work commenced
21 897.8
5.0
42.3
New residential building
9 873.8
8.7
31.3
Alterations and additions to residential building
1 642.5
2.6
12.7
Non-residential building
10 227.8
0.5
59.6

Seasonally Adjusted(a)

Value of work commenced
19 749.9
-14.5
25.9
New residential building
9 652.0
1.0
26.6
Alterations and additions to residential building
1 568.3
-9.2
4.4
Non-residential building
8 529.5
-27.8
30.1

(a) Chain volume measures, 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 5.0% in the March quarter 2010 and is 42.3% higher than March 2009.
  • The value of new residential building commenced rose 8.7%. The value of new house commencements rose 6.3% and new other residential commencements rose 13.0%. The value of commencements for alterations and additions to residential buildings rose 2.6%. The value of non-residential building commenced rose by 0.5%.
Value of Work Commenced in Volume Terms, Trend
Graph: 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 March quarter fell 14.5% following a rise of 19.8% in December 2009.
  • Commencements of new residential buildings rose 1.0% to $9,652.0m. New house commencements fell 2.0%, to $6,804.3m, and new other residential building rose 8.9% to $2,847.7m. Alterations and additions fell 9.2% to $1,568.3m. Non-residential work commenced fell 27.8%, to $8,529.5m.


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