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8752.0 - Building Activity, Australia, Sep 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 15/01/2015   
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SEPTEMBER KEY FIGURES

Sep qtr 14
Jun qtr 14 to Sep qtr 14
Sep qtr 13 to Sep qtr 14
$m
%
%

TREND ESTIMATES(a)

Value of work done
22 555.6
1.2
7.1
New residential building
11 881.8
2.0
12.4
Alterations and additions to residential building
1 772.5
-0.9
0.2
Non-residential building
8 898.8
0.6
2.1

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
22 287.1
-0.9
5.1
New residential building
11 603.3
-2.1
8.9
Alterations and additions to residential building
1 761.4
-1.5
1.1
Non-residential building
8 922.4
0.9
1.3

(a) Reference year for chain volume measures is 2012-13.




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





BUILDING WORK DONE
  • The trend estimate of the value of total building work done rose 1.2% in the September 2014 quarter.
  • The seasonally adjusted estimate of the value of total building work done fell 0.9% to $22,287.1m in the September quarter, following a rise of 1.9% in the June 2014 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done rose 2.0% in the September quarter. The value of work done on new houses rose 0.9% while new other residential building rose 3.7%.
  • The seasonally adjusted estimate of the value of new residential building work done fell 2.1% to $11,603.3m. Work done on new houses fell 4.3% to $6,780.7m, while new other residential building rose 1.1% to $4,822.7m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done rose 0.6% in the September quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 0.9% to $8,922.4m, following a rise of 0.8% in the June 2014 quarter.


DWELLING UNITS COMMENCED

Sep qtr 14
Jun qtr 14 to Sep qtr 14
Sep qtr 13 to Sep qtr 14
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
50 917
3.6
19.5
New private sector houses
28 333
2.9
18.6
New private sector other residential building
21 552
5.0
23.1

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
52 380
12.5
26.4
New private sector houses
27 870
1.3
15.3
New private sector other residential building
23 631
32.8
47.5

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 rose 3.6% in the September 2014 quarter following a rise of 4.3% in the June quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced rose 12.5% to 52,380 dwellings in the September quarter following a fall of 5.7% in the June quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements rose 2.9% in the September quarter following a rise of 4.1% in the June quarter.
  • The seasonally adjusted estimate for new private sector house commencements rose 1.3% to 27,870 dwellings in the September quarter following a rise of 0.1% in the June quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements rose 5.0% in the September quarter following a rise of 5.0% in the June quarter.
  • The seasonally adjusted estimate for new private sector other residential building rose 32.8% to 23,631 dwellings in the September quarter following a fall of 14.3% in the June quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
December 2014 15 April 2015
March 2015 15 July 2015



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 26 November 2014. 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 2014 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 15 April 2015.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia, June quarter 2014 (cat. no. 8752.0) released on 15 October 2014:
  • the total value of work done in Australia during June quarter 2014 has been revised upwards by $332.1m or 1.5%.
  • the total value of work commenced in Australia during June quarter 2014 has been revised upwards by $1,705.6m or 8.0%. This was driven by upwards revisions to non-residential commencements ($1,264.8m) and residential commencements ($440.8m).
  • the number of dwelling unit commencements in the June quarter 2014 has been revised upwards by 1,228 dwellings or 2.7%.


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.

A new base year, 2012-13, 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 2012-13, 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.

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