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8752.0 - Building Activity, Australia, Dec 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/04/2009   
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DECEMBER KEY FIGURES

Dec qtr 08
Sep qtr 08 to Dec qtr 08
Dec qtr 07 to Dec qtr 08
$m
% change
% change

TREND ESTIMATES(a)

Value of Work Done
18 180.6
0.1
3.7
New residential building
8 869.3
-
3.6
Alterations and additions to residential building
1 609.3
-1.0
-0.4
Non-residential building
7 697.8
0.4
4.7

SEASONALLY ADJUSTED ESTIMATES(a)

Value of Work Done
17 988.6
-1.6
3.2
New residential building
8 777.0
-1.8
2.9
Alterations and additions to residential building
1 583.9
-3.9
-3.0
Non-residential building
7 627.8
-0.9
4.9

- nil or rounded to zero (including null cells)
(a) Chain volume measures, reference year 2006-07.

Value of work done, Chain volume measures
Graph: Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates
Graph: Value of work done, Chain volume measures—Trend estimates




DECEMBER KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL BUILDING
  • The trend estimate of the value of total building work done rose 0.1% in the December 2008 quarter.
  • The seasonally adjusted December quarter estimate of the value of total building work done fell 1.6%, to $17,988.6m, following a rise of 0.7% in the September 2008 quarter.


NEW RESIDENTIAL
  • The trend estimate of the value of new residential building work remained flat in the latest quarter, with new houses falling 0.5% and new other residential building rising 1.1%. Alterations and additions to residential building fell 1.0%.
  • The seasonally adjusted estimate of the value of new residential work done fell 1.8%, to $8,777.0m. Work done on new houses fell 1.0% to $6,143.6m, while new other residential building fell 3.8%, to $2,633.4m. Alterations and additions fell 3.9%, to $1,583.9m.


NON-RESIDENTIAL
  • The trend estimate of the value of non-residential building work done in the quarter rose 0.4% in December. This follows a rise of 1.3% in September.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 0.9% in December, following a rise of 0.3% in September.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2009 15 July 2009
June 2009 14 October 2009



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 25 February 2009. The data in this publication are based on a response rate of approximately 96% of the value of building work done during the quarter. The data are subject to revision when returns from the following quarter are processed. Final data for the December quarter 2008 will be released in Building Activity, Australia (cat. no. 8752.0) on 15 July 2009.


CHANGES IN THIS ISSUE

A feature article 'A Twenty Year History of the Cost of Building a New House', covering the period 1987-88 to 2007-08, is included in this issue (see page 6).


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Willie Hynd on Adelaide (08) 8237 7645.


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