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8752.0 - Building Activity, Australia, Mar 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 19/07/2006   
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MARCH KEY FIGURES

Mar qtr 06
Dec qtr 05 to Mar qtr 06
Mar qtr 05 to Mar qtr 06
$m
% change
% change

TREND ESTIMATES(a)

Value of Work Done
13 163.7
-2.4
-2.5
New residential building
6 942.9
-4.0
-8.2
Alterations and additions to residential building
1 298.6
-3.9
-6.1
Non-residential building
4 906.4
0.1
7.6

SEASONALLY ADJUSTED ESTIMATES(a)

Value of Work Done
13 154.8
-1.5
0.2
New residential building
6 954.3
-2.6
-5.6
Alterations and additions to residential building
1 258.7
-8.5
-6.5
Non-residential building
4 941.9
2.1
12.0

(a) Chain volume measures, reference year 2003-04.

Value of work done, Volume terms
Graph: Value of work done Volume terms

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



MARCH KEY POINTS


VALUE OF WORK DONE, VOLUME TERMS

TREND ESTIMATES

  • The trend estimate of the value of total building work done fell 2.4% in the March quarter 2006.
  • The value of new residential building work fell 4.0% in the latest quarter. New houses fell 2.9%, and new other residential buildings fell 6.3%. Alterations and additions fell 3.9% while non-residential work done in the quarter rose 0.1%.

SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted March quarter estimate of work done is down 1.5%, to $13,154.8m, on the revised December quarter estimate.
  • New residential work fell 2.6%, to $6,954.3m. Work on new houses fell 1.6%, to $4,754.7m, while new other residential building work fell 4.7%, to $2,199.5m. Alterations and additions fell 8.5%, to $1,258.7m. Non-residential work done in the quarter rose 2.1%, to $4,941.9m.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2006 13 October 2006
September 2006 22 January 2007



ABOUT THIS ISSUE

This publication contains detailed estimates from the quarterly Building Activity Survey. The data are subject to revision when returns from the following quarter are processed. Final data for the March quarter 2006 will be released in Building Activity, Australia (cat. no. 8752.0) on 13 October 2006.



CHANGES IN THIS ISSUE

The estimates for the Northern Territory are now based on a sample rather than a complete census of all building jobs. As a result these estimates are subject to sample error. Tables 38 and 39 provide estimates of relative standard errors.



SIGNIFICANT REVISIONS THIS ISSUE

There are no significant revisions in this issue.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tamra Guiver on Adelaide (08) 8237 7655.



VALUE OF WORK DONE VOLUME TERMS MARCH QTR 2006


SUMMARY COMMENTS

  • In the March quarter 2006, the seasonally adjusted estimate of total building work done fell in half of the states and territories with Victoria (-8.0%) and the Northern Territory (-6.9%) recording the largest falls. These falls offset rises in New South Wales (+0.2%), South Australia (+6.5%), Tasmania (+14.3%) and the Australian Capital Territory (+15.9%).
  • In original terms, all states and territories fell, with the exception of the Australian Capital Territory (+16.3%).

NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
Aust.

Original(a)

Value of work done
New residential building ($m)
1 640.6
1 694.9
1 650.6
401.3
873.1
98.8
58.7
113.5
6 531.5
Alterations and additions to residential building ($m)
393.9
323.5
212.9
79.6
79.4
21.7
8.8
19.9
1 139.6
Non-residential building ($m)
1 494.7
1 173.8
884.7
290.1
355.2
73.0
42.0
201.5
4 515.0
Total building ($m)
3 529.2
3 192.2
2 748.2
770.9
1 307.7
193.5
109.5
334.9
12 186.1
Percentage change
New residential building (%)
-6.3
-17.1
-16.6
-1.8
-1.7
1.9
-19.7
3.8
-11.2
Alterations and additions to residential building (%)
-25.4
-23.2
-21.5
-2.6
-10.3
-15.9
-37.8
-22.8
-21.8
Non-residential building (%)
-5.5
-18.0
-15.4
-1.9
-13.8
-2.8
-29.3
31.9
-10.7
Total building (%)
-8.6
-18.1
-16.7
-1.9
-5.8
-2.2
-25.3
16.3
-12.1

Seasonally Adjusted(a)

Value of work done
New residential building ($m)
1 738.0
1 805.7
1 799.8
418.0
880.2
103.3
68.8
122.4
6 954.3
Alterations and additions to residential building ($m)
434.3
354.2
251.7
84.9
79.9
24.1
-
23.7
1 258.7
Non-residential building ($m)
1 564.2
1 326.4
999.5
309.0
373.8
87.5
-
192.4
4 941.9
Total building ($m)
3 736.5
3 486.3
3 051.0
811.9
1 333.9
214.9
123.0
338.6
13 154.8
Percentage change
New residential building (%)
1.6
-10.5
-4.1
5.6
0.1
13.7
8.0
7.6
-2.6
Alterations and additions to residential building (%)
-9.9
-14.4
1.9
6.1
-9.6
0.2
-
-2.6
-8.5
Non-residential building (%)
2.0
-2.3
2.3
7.9
-4.7
19.6
-
24.9
2.1
Total building (%)
0.2
-8.0
-1.6
6.5
-1.9
14.3
-6.9
15.9
-1.5

- nil or rounded to zero (including null cells)
(a) Chain volume measures, reference year 2003-04.



VALUE OF WORK DONE VOLUME TERMS


TREND ESTIMATES


NEW SOUTH WALES, VICTORIA

Graph: Value of work done, volume terms, NSW & Vic.



The trend estimate of the total value of building work done in New South Wales has been in decline since March 2004. The total value of building work done is now showing falls for the last three quarters in Victoria.



QUEENSLAND, WESTERN AUSTRALIA

Graph: Value of work done, volume terms, Qld & WA



The trend estimate of the total value of building work done in Queensland has fallen in the last two quarters. The total value of building work done in Western Australia shows ten consecutive quarters of growth.



SOUTH AUSTRALIA, TASMANIA

Graph: Value of work done, volume terms, SA & Tas.



The trend estimate of the total value of building work done in South Australia shows falls for the last three quarters after four years of growth. The total value of building work done in Tasmania has fallen in the last two quarters.



NORTHERN TERRITORY, AUSTRALIAN CAPITAL TERRITORY

Graph: Value of work done, volume terms, NT & ACT



The trend estimate of the total value of building work done in the Northern Territory is now showing three quarters of decline. The Australian Capital Territory shows growth for the past five quarters.



VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Mar qtr 06
Dec qtr 05 to Mar qtr 06
Mar qtr 05 to Mar qtr 06
$m
% change
% change

Trend(a)

Value of work commenced
13 166.7
-2.5
-0.2
New residential building
7 067.1
-0.9
-1.8
Alterations and additions to residential building
1 385.5
2.5
5.1
Non-residential building
4 746.0
-5.4
1.5

Seasonally Adjusted(a)

Value of work commenced
13 125.0
-0.9
2.2
New residential building
7 392.5
10.0
8.1
Alterations and additions to residential building
1 413.7
4.6
7.0
Non-residential building
4 318.9
-16.4
-7.8

(a) Chain volume measures, reference year 2003-04.



TREND

  • The March quarter 2006 trend estimate of the total value of building work commenced fell 2.5% from the December quarter estimate.
  • The value of new residential building commenced fell 0.9% in the March quarter 2006. New house commencements fell 1.4% while new other residential commencements rose 0.4%. The value of commencements for alterations and additions to residential buildings rose 2.5%. The value of non-residential building fell by 5.4%.
Value of Work Commenced in Volume Terms, Trend
Graph: Value of Work Commenced in Volume Terms Trend




SEASONALLY ADJUSTED
  • In seasonally adjusted terms, the total value of building work commenced fell 0.9% in the March quarter 2006, to $13,125.0m.
  • Commencements of new residential buildings rose 10.0%, to $7,392.5m. New house commencements rose 3.1%, to $4,945.6m, while new other residential building rose 27.1%, to $2,446.9m. Alterations and additions rose 4.6%, to $1,413.7m. Non-residential work commenced fell 16.4%, to $4,318.9m.

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