MARCH KEY FIGURES
Mar qtr 05
Dec qtr 04 to Mar qtr 05
Mar qtr 04 to Mar qtr 05
|Value of work done|
SEASONALLY ADJUSTED ESTIMATES(a)
|Value of work done|
|(a) Reference year for Chain Volume Measures is 2002-03.|
Value of construction work done, Volume terms - Trend estimates
Value of building work done, Volume terms - Trend estimates
MARCH KEY POINTS
VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS
SEASONALLY ADJUSTED ESTIMATES
- The trend estimate of building work done fell 1.0% in the March quarter 2005. A fall in residential building (-2.1%) was partly offset by a rise in non-residential building (+1.3%).
- Engineering work rose 2.5% in the March quarter 2005.
- Total construction work done rose 0.4% in the latest quarter.
- The seasonally adjusted estimate of building work fell 1.1% in the March quarter 2005, to $12,310.7m. Residential building fell 1.0%, to $8,194.6m. Non-residential building fell 1.2%, to $4,116.1m.
- Engineering work done rose 7.2%, to $7,450.5m, in the March quarter 2005, the highest level on record. Work done for the private sector rose 5.1%, to $4,183.6m, also a record. This rise was complemented by a rise in work done for the public sector of 9.9%, to $3,266.9m, the highest estimate since September quarter 2000.
- Total construction work done rose 1.9%, to a record $19,761.2m, in the latest quarter.
ABOUT THIS ISSUE
This publication provides an early indication of trends in building and engineering construction activity. The data are estimates based on a response rate of approximately 80% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Building Activity, Australia (cat. no. 8752.0) on 18 July 2005 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 15 July 2005.
CHANGES IN THIS ISSUE
There are no changes in this issue.
The engineering construction trend estimates for Tasmania and the Northern Territory have been revised to reflect a changed treatment of the prolonged effect two large projects are having on the state level estimates. Both these series now contain a break in series reflecting the sudden and large change in trend estimate levels caused by the starts of these projects.
Strong growth in the engineering construction sector has driven total construction work done to record levels, though the growth in total construction work done has been weak in recent quarters.
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.
CONSTRUCTION WORK DONE, CHAIN VOLUME MEASURES
TREND PERCENTAGE CHANGE
Engineering construction work done has increased for sixteen successive quarters.
Total building work decreased for the third successive quarter after four quarters of growth.
Residential building work decreased for the third successive quarter after a year of growth.
Non-residential work rose in the latest two quarters following small declines in the previous two quarters.
Construction work done has fallen for the last four quarters for New South Wales. Victoria now shows declines for the past three quarters.
CONSTRUCTION WORK DONE, STATES AND TERRITORIES
CHAIN VOLUME MEASURES - TREND ESTIMATES
NEW SOUTH WALES, VICTORIA
Construction work done has grown in Queensland for the past seven quarters. Construction work done in Western Australia has grown for the last five quarters.
QUEENSLAND, WESTERN AUSTRALIA
Construction work done in South Australia has fallen for the past two quarters after growing since December 2000. In Tasmania, construction work done has fallen in the last two quarters after six quarters of growth.
SOUTH AUSTRALIA, TASMANIA
Construction work done in the Northern Territory has grown in the March quarter for the first time since March 2004. The Australian Capital Territory has shown falls for the past four quarters.
NORTHERN TERRITORY, AUSTRALIAN CAPITAL TERRITORY