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8762.0 - Engineering Construction Activity, Australia, Mar 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/07/2007   
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MARCH KEY FIGURES

Mar qtr 07
Dec qtr 06 to Mar qtr 07
Mar qtr 06 to Mar qtr 07
$m
% change
% change

TREND ESTIMATES VOLUME TERMS(a)

Value of work done
For the private sector
na
na
na
For the public sector(b)
na
na
na
Total engineering construction
11 413.7
2.9
7.2

SEASONALLY ADJUSTED VOLUME TERMS(a)

Value of work done
For the private sector
7 633.7
13.0
21.2
For the public sector(b)
4 042.7
-6.8
-4.5
Total engineering construction
11 676.4
5.2
10.8

na not available
(a) Chain volume measures, reference year 2004-05.
(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



MARCH KEY POINTS


VALUE OF WORK DONE, VOLUME TERMS

Trend estimates
  • The trend estimate for the value of total engineering construction work done rose by 2.9% in the March 2007 quarter.


Seasonally adjusted estimates
  • The seasonally adjusted estimate for the value of total engineering construction work done in the March 2007 quarter rose 5.2% to $11,676.4m.
  • The seasonally adjusted estimate for the value of work done for the private sector rose 13.0% in the March 2007 quarter. The value of work done for the public sector fell 6.8% to $4,042.7m.


VALUE OF WORK COMMENCED AND YET TO BE DONE
  • The value of work commenced in March 2007 quarter was $15,731.1m, a decrease of 0.2% from December 2006 quarter.
  • The value of work yet to be done rose 11.0% in March 2007 quarter to $33,011.7m, up from $29,731.9m in December 2006 quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2007 11 October 2007
September 2007 18 January 2008



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 30 May 2007. The data in this publication are based on a response rate of approximately 94% of the value of engineering work done during the quarter.



CHANGES IN THIS ISSUE

Telstra Corporation was effectively privatised on 20 November 2006. For the purpose of ABS statistics this change from public sector to private sector is effective from March quarter 2007. This change has impacted on the data series presented in this publication, particularly the March quarter 2007 movements for private and public sector estimates.


As a result the private and public sector trend estimates have been suspended for Engineering and Construction Work Done for the March quarter 2007.


For more information please see ABS Information Paper: Treatment of Telstra in ABS Statistics (cat. no. 8102.0) released 26 February 2007.


A new chain volume reference year is updated every June quarter. From 2007 onwards the updating of the reference year will be completed in the September quarter each year. In September 2007 the new reference year will be 2005-06 for chain volume estimates. This will result in revisions to growth rates in quarters following 2005-06 but will preserve additivity in those quarters. For earlier periods re-referencing affects the levels of, but not the movements in, chain volume estimates.



SIGNIFICANT REVISIONS THIS QUARTER

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

  • The December 2006 quarter estimates have been revised upwards by $11.8m for work commenced, downwards by $304.6m for work done and upwards by $296.4m for work yet to be done. These revisions occurred predominantly in 'private for private', 'Roads, highways and subdivisions' in Queensland.


DATA NOTES

There are no notes about the data in this issue.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or James Inglis on Adelaide (08) 8237 7646.


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