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8762.0 - Engineering Construction Activity, Australia, Jun 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 12/10/2005   
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JUNE KEY FIGURES

Jun qtr 05
Mar qtr 05 to Jun qtr 05
Jun qtr 04 to Jun qtr 05
$m
% change
% change

TREND ESTIMATES VOLUME TERMS(a)

Value of work done
For the private sector
4 784.1
4.8
19.6
For the public sector(b)
3 325.9
0.9
7.7
Total engineering construction
8 096.3
3.0
14.3

SEASONALLY ADJUSTED VOLUME TERMS(a)

Value of work done
For the private sector
4 737.1
2.4
18.2
For the public sector(b)
3 327.2
-1.8
8.8
Total engineering construction
8 064.3
0.6
14.1

(a) Chain volume measures, reference year 2003-04.
(b) Includes work done by the private sector for the public sector and work done by the public sector.

Value of work done, Total engineering - Volume terms
Graph: Value of work done Total Engineering Volume terms

Value of work done, Volume terms - Trend estimates
Graph: Value of work done Volume terms Trend estimates



JUNE KEY POINTS


VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

Trend estimates

  • The trend estimate for the value of total engineering construction work done rose 3.0% in the June 2005 quarter. The trend has now risen for seventeen consecutive quarters.
  • The trend estimate for the value of work done for the private sector rose 4.8% in the June 2005 quarter. Work done for the public sector rose 0.9% in the June quarter.

Seasonally adjusted estimates
  • The seasonally adjusted estimate for the value of total engineering construction work done in the March 2005 quarter rose 0.6%, to $8,064.3m, the seventh consecutive quarterly rise in this series.
  • The seasonally adjusted estimate for the value of work done for the private sector rose 2.4%, to $4,737.1m in the June 2005 quarter, the third consecutive rise. The value of work done for the public sector declined 1.8%, to $3,327.2m.

Original estimates
  • The value of work done in the June 2005 quarter rose 14.6%, to $8,557.7m. This is the highest level recorded, surpassing the record high in the December 2004 quarter.
  • The value of work done for the private sector was $4,682.5m, 7.4% higher than the March quarter 2005 estimate of $4,361.1m. Work done for the public sector rose 24.9%, to $3,875.2m, following a 0.2% decrease in the March 2005 quarter.


NOTES


CHANGES IN THIS ISSUE

A new base year, 2003-04, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2003-04, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in chain volume estimates.


Time series spreadsheets have been released in Excel format for the first time with this issue. A concordance between the old Lotus 1,2,3 spreadsheets and the new Excel spreadsheets is available in Information Paper: Changes to Ausstats Tables for Engineering Construction Activity, Australia (cat. no. 8762.0.55.001).


The information paper is on the ABS website at www.abs.gov.au. From the home page go to 'Access to all ABS products and statistics, including AusStats'/'publications and data'/'information papers'/'by catalogue/subject' and choose '87 Buildings and Construction'.



SIGNIFICANT REVISIONS THIS QUARTER

Compared with the current price original terms estimates published in the previous issue of this publication:

  • The December quarter 2004 estimates have been revised upwards $3,116.4m for work commenced, $173.6m for work done and $2,933.7m for work yet to be done. This was predominantly due to revisions in 'heavy industry' in Northern Territory, 'heavy industry' and 'electricity generation, transmission etc. and pipelines' in Victoria.
  • The March quarter 2005 estimates have been revised downwards by $1,946.1m for work commenced, upwards $142.6m for work done and upwards $994.0m for work yet to be done. This was mainly due to revisions in 'heavy industry' in Western Australia.


DATA NOTES

There are no notes about the data.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrew Stidston on Adelaide (08) 8237 7668.



SUMMARY COMMENTARY


VALUE OF WORK DONE, STATES AND TERRITORIES


CHAIN VOLUME MEASURES - TREND ESTIMATES


NEW SOUTH WALES

Graph: NSW, value of work done, trend estimates, chain volume measures



After a small decrease in the June 2004 quarter the trend estimate for the value of work done has increased for four consecutive quarters.



VICTORIA

Graph: Vic, value of work done, trend estimates, chain volume measures



The trend estimate for the value of work done has risen for the past sixteen quarters.



QUEENSLAND

Graph: Qld, value of work done, trend estimates, chain volume measures



The trend for the value of work done has remained static this quarter after rising for the previous seven quarters.



SOUTH AUSTRALIA

Graph: SA, value of work done, trend estimates, chain volume measures



The trend estimate for work done has declined for the second consecutive quarter, after three quarters of growth in 2004.



WESTERN AUSTRALIA

Graph: WA, value of work done, trend estimates, chain volume measures



After four quarters of growth, work done has declined in the most recent two quarters.



TASMANIA

Graph: Graph Tas, value of work done, trend estimates, chain volume measures



The trend estimate for work done has moved into decline for the past two quarters.



NORTHERN TERRITORY

Graph: NT, value of work done, trend estimates, chain volume measures



The trend estimate for the value of work done has risen for the past three quarters.



AUSTRALIAN CAPITAL TERRITORY

Graph: ACT, value of work done, trend estimates, chain volume measures



The trend estimate for work done has been in decline for the last three quarters.

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