8755.0 - Construction Work Done, Australia, Preliminary, Jun 2004  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 25/08/2004   
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JUNE KEY FIGURES

Jun qtr 04
Mar qtr 04 to Jun qtr 04
Jun qtr 03 to Jun qtr 04
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
Building
13,005.0
2.2
10.1
Residential
8,800.7
1.9
9.7
Non-residential
4,185.9
2.3
10.3
Engineering
6,713.0
0.4
5.5
Total construction
19,731.1
1.7
8.5

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
Building
12,888.3
0.8
10.8
Residential
8,716.8
0.2
11.3
Non-residential
4,171.5
1.9
9.7
Engineering
6,571.5
-3.4
2.4
Total construction
19,459.8
-0.7
7.8

(a) Reference year for Chain Volume Measures is 2002-2003.

Value of construction work done, Volume terms - Trend estimates

Graph: Value of constrution work done Volume terms  Trend estimates

Value of building work done, Volume terms - Trend estimates

Graph: Value of building work done Volume terms  Trend estimates



JUNE KEY POINTS


VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

TREND ESTIMATES

  • The trend estimate of building work done rose 2.2% in the June quarter 2004. There was continued growth in both residential (+1.9%) and non-residential building (+2.3%).
  • Engineering work done rose by 0.4% in the latest quarter, the thirteenth successive quarterly increase. Total construction rose by 1.7%.

SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of building work done rose by 0.8% in the June quarter to $12,888.3m, the highest level on record. Residential building rose 0.2% to $8,716.8m, with new residential work up marginally to $7,372.2m. Both series recorded their second highest levels on record. Non-residential building rose 1.9% to $4,171.5m, the highest level recorded since the December quarter 1990.
  • Engineering work done fell 3.4%, to $6,571.5m. Work done for the private sector fell by 6.3%, to $3,725.0m, while work for the public sector rose 0.8%, to $2,846.5m.
  • Total construction work fell 0.7% to $19,459.8m.


NOTES


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 13 October 2004 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 12 October 2004.



CHANGES IN THIS ISSUE

A new base year, 2002-03, 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 2002-03, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.


A feature article, 'Work in the pipeline', is included on pages 5-7. Updated data on this topic will also be included in future issues of this publication.


The AusStats series contains two new tables (13 and 14) showing state and territory Construction Work Done in Chain Volume Measures for original, seasonally adjusted and trend data.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or David Finlay on Adelaide (08) 8237 7431.



SUMMARY COMMENTARY


CONSTRUCITON WORK DONE, CHAIN VOLUME MEASURES-TREND PERCENTAGE CHANGE


TOTAL CONSTRUCTION

Graph: Construction work done, chain volume measures, trend percentage change, total construction



The total value of construction work done has increased each quarter for the last three years, with the exception of the June quarter 2003.



ENGINEERING

Graph: Construction work done, chain volume measures, trend percentage change, Engineering



Engineering construction work done has increased for thirteen successive quarters.



BUILDING

Graph: Construction work done, chain volume measures, trend percentage change, total building



Total building work done has increased for the last four quarters, following a small decline in the June quarter 2003.



RESIDENTIAL

Graph: Construction work done, chain volume measures, trend percentage change, Residential building



Residential building work has increased for the last four quarters, following small declines in the first half of 2003.



NON-RESIDENTIAL

Graph: Construction work done, chain volume measures, trend percentage change, Non-residential building



Non-residential building work has increased for the last four quarters, following a small decline in the June quarter 2003.



CONSTRUCTION WORK DONE, STATES AND TERRITORIES, CHAIN VOLUME MEASRUES - TREND ESTIMATES


NEW SOUTH WALES, VICTORIA

Graph: Construction work done, Chain volume measures, trend estimates, New South Wales and Victoria



The strong growth in construction work done, evident since early 2001, has eased over recent quarters in both New South Wales and Victoria.



QUEENSLAND, WESTERN AUSTRALIA

Graph: Construction work done, Chain volume measures, trend estimates, Queensland and Western Australia



Construction work done has risen strongly in Queensland since early 2001, with growth in the last five quarters dominated by building work. In Western Australia, while both sectors were strong in 2002-03, total construction work has been flat for the last five quarters.



SOUTH AUSTRALIA, TASMANIA

Graph: Construction work done, Chain volume measures, trend estimates, South Australia and Tasmania



Following strong growth since early 2001, construction work done has fallen in South Australia over the last three quarters, due to declines in the engineering sector. In Tasmania, growth has been strong for the last five quarters in both sectors.



NORTHERN TERRITORY, AUSTRALIAN CAPITAL TERRITORY

Graph: Construction work done, Chain volume measures, trend estimates, Northern Territory and Australian Capital Territory



Construction work done in the Northern Territory has risen over the last six quarters driven mainly by the engineering sector. In the Australian Capital Territory, the fall over the last five quarters has been due to declines in both sectors.