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8752.0 - Building Activity, Australia, Sep 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 18/01/2012   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Sep qtr 11
Jun qtr 11 to Sep qtr 11
Sep qtr 10 to Sep qtr 11
$m
% change
% change

Trend(a)

Value of work commenced
17 959.9
-2.3
-9.3
New residential building
9 225.8
-4.4
-13.4
Alterations and additions to residential building
1 730.0
-1.1
-2.7
Non-residential building
6 976.8
-0.1
-5.6

Seasonally Adjusted(a)

Value of work commenced
17 301.5
-9.1
-13.4
New residential building
9 040.3
-6.7
-12.6
Alterations and additions to residential building
1 711.2
-3.9
-3.0
Non-residential building
6 549.9
-13.3
-16.7

(a) Reference year for chain volume measures is 2009-10. Refer to paragraphs 31-35 of the Explanatory Notes.



TREND
  • The trend estimate of the total value of building work commenced fell 2.3% in the September quarter 2011, and has now fallen for six quarters.
  • The value of new residential building commenced fell 4.4% and has now fallen for five quarters. The value of new house commencements fell 3.2% and new other residential commencements fell 5.9%. The value of commencements for alterations and additions to residential buildings fell 1.1%.
  • The value of non-residential building commenced fell 0.1%.
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 9.1% to $17,301.5m following a rise of 1.4% in June 2011.
  • Commencements of new residential buildings fell 6.7% to $9,040.3m. New house commencements fell 5.3%, to $5,936.7m, and new other residential building fell 9.3% to $3,103.6m. Alterations and additions fell 3.9% to $1,711.2m. Non-residential work commenced fell 13.3%, to $6,549.9m.


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