8752.0 - Building Activity, Australia, Sep 2016 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 18/01/2017   
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SEPTEMBER KEY FIGURES

Sep qtr 16
Jun qtr 16 to Sep qtr 16
Sep qtr 15 to Sep qtr 16
$m
%
%

TREND ESTIMATES(a)

Value of work done
26 534.8
-0.7
3.6
New residential building
15 765.4
0.4
8.7
Alterations and additions to residential building
2 145.3
1.5
3.9
Non-residential building
8 635.9
-3.1
-4.5

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
25 891.3
-5.5
1.4
New residential building
15 451.1
-3.3
6.7
Alterations and additions to residential building
2 136.0
-0.1
3.6
Non-residential building
8 304.2
-10.5
-7.5

(a) Reference year for chain volume measures is 2014-15

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




SEPTEMBER KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

BUILDING WORK DONE
  • The trend estimate of the value of total building work done fell 0.7% in the September 2016 quarter.
  • The seasonally adjusted estimate of the value of total building work done fell 5.5% to $25,891.3m in the September quarter, following a rise of 3.2% in the June 2016 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done rose 0.4% in the September quarter. The value of work done on new houses fell 0.3% while new other residential building rose 1.2%.
  • The seasonally adjusted estimate of the value of new residential building work done fell 3.3% to $15,451.1m. Work done on new houses fell 4.6% to $8,168.1m, while new other residential building fell 1.8% to $7,282.9m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done fell 3.1% in the September quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 10.5%, following a rise of 3.7% in the June 2016 quarter.

DWELLING UNITS COMMENCED

Sep qtr 16
Jun qtr 16 to Sep qtr 16
Sep qtr 15 to Sep qtr 16
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
56 035
-2.5
-2.3
New private sector houses
29 654
2.3
5.4
New private sector other residential building
25 134
-7.0
-9.0

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
55 070
-2.8
-4.0
New private sector houses
29 232
-1.9
1.5
New private sector other residential building
24 999
-0.4
-7.2

Dwelling units commenced
Graph: Dwelling units commenced

Private dwellings commenced, Trend estimates
Graph: Private dwellings commenced Trend estimates




TOTAL DWELLINGS
  • The trend estimate for the total number of dwelling units commenced fell 2.5% in the September 2016 quarter following a fall of 1.6% in the June quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 2.8% to 55,070 dwellings in the September quarter following a fall of 7.2% in the June quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements rose 2.3% in the September quarter following a rise of 2.0% in the June quarter.
  • The seasonally adjusted estimate for new private sector house commencements fell 1.9% to 29,232 dwellings in the September quarter following a rise of 6.6% in the June quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements fell 7.0% in the September quarter following a fall of 5.0% in the June quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 0.4% to 24,999 dwellings in the September quarter following a fall of 20.2% in the June quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2016 12 April 2017
March 2017 12 July 2017



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 23 November 2016. The data in this publication are based on a response rate of approximately 90% 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 September quarter 2016 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 12 April 2017.


CHANGES THIS ISSUE

A new base year, 2014-15, has been introduced in the chain volume estimates resulting in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2014-15, preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates. For further information, see the explanatory notes.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia June quarter (cat. no. 8752.0) released on 12 October 2016:
  • the total value of work done in Australia during the June quarter 2016 has been revised upwards by $695.9m or 2.5%.
  • the total value of work commenced in Australia during the June quarter 2016 has been revised upwards by $2,053.7m or 7.9%. This was driven by a 5.7% ($1,015.3m) revision to total residential commencements and a 12.4% ($1,038.4m) revision to non-residential commencements.
  • the number of dwelling unit commencements in the June quarter 2016 has been revised upwards by 2,137 dwellings or 4.0%.


DATA NOTE

Several time series spreadsheets contain 'np' (not available for publication) annotations from the September quarter 2012 onwards. This is due to confidential data being contained in these series.


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