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8752.0 - Building Activity, Australia, Sep 2010 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 20/01/2011   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Sep qtr 10
Jun qtr 10 to Sep qtr 10
Sep qtr 09 to Sep qtr 10
$m
% change
% change

Trend(a)

Value of work commenced
20 127.2
-5.5
2.5
New residential building
10 758.1
-0.9
26.4
Alterations and additions to residential building
1 668.8
-2.2
4.2
Non-residential building
7 890.5
-9.6
-17.1

Seasonally Adjusted(a)

Value of work commenced
19 724.9
-9.9
-2.1
New residential building
10 108.2
-12.0
20.7
Alterations and additions to residential building
1 651.0
-4.7
6.7
Non-residential building
7 965.8
-8.2
-22.2

(a) Reference year for chain volume measures is 2008-09. Refer to paragraphs 31-35 of the Explanatory Notes.



TREND
  • The trend estimates of the total and non-residential value of building commenced should be interpreted with caution. See data notes on page 2 of this publication.
  • The trend estimate of the total value of building work commenced fell 5.5% in the September quarter 2010 to $20,127.2m following a fall of 4.6% in the June quarter.
  • The value of new residential building commenced fell 0.9% following rises in the previous four quarters. The value of new house commencements fell 2.5% and new other residential commencements rose 1.1%. The value of commencements for alterations and additions to residential buildings fell 2.2%. The value of non-residential building commenced fell 9.6% to $7,890.5m.
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 September quarter fell 9.9% following a rise of 3.1% in June 2010.
  • Commencements of new residential buildings fell 12.0% to $10,108.2m. New house commencements fell 1.9%, to $6,875.6m, and new other residential building fell 27.7% to $3,232.6m following a rise of 35.6% in June. Alterations and additions fell 4.7% to $1,651.0m. Non-residential work commenced fell 8.2%, to $7,965.8m.


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