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8752.0 - Building Activity, Australia, Mar 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 15/07/2015   
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VALUE OF WORK DONE, CHAIN VOLUME MEASURES

MARCH KEY FIGURES

Mar qtr 15
Dec qtr 14 to Mar qtr 15
Mar qtr 14 to Mar qtr 15
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
23 367.8
2.0
6.6
New residential building
12 789.0
3.6
13.2
Alterations and additions to residential building
1 794.1
0.8
0.3
Non-residential building
8 784.4
-
-0.4

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
23 619.7
3.7
7.4
New residential building
12 973.7
5.5
13.6
Alterations and additions to residential building
1 813.6
2.7
0.9
Non-residential building
8 832.4
1.3
0.7

- nil or rounded to zero (including null cells)
(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




MARCH KEY POINTS


BUILDING WORK DONE
  • The trend estimate of the value of total building work done rose 2.0% in the March 2015 quarter.
  • The seasonally adjusted estimate of the value of total building work done rose 3.7% to $23,619.7m in the March quarter, following a rise of 1.9% in the December 2014 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done rose 3.6% in the March quarter. The value of work done on new houses rose 3.9% while new other residential building rose 3.1%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 5.5% to $12,973.7m. Work done on new houses rose 7.3% to $7,752.1m, while new other residential building rose 3.0% to $5,221.6m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done was flat in the March quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 1.3%, following a fall of 1.1% in the December 2014 quarter.


DWELLING UNITS COMMENCED

MARCH KEY FIGURES

Mar qtr 15
Dec qtr 14 to Mar qtr 15
Mar qtr 14 to Mar qtr 15
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
53 254
2.4
13.0
New private sector houses
28 426
0.7
7.3
New private sector other residential building
23 691
4.4
21.5

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
53 901
8.6
10.8
New private sector houses
28 349
0.2
3.5
New private sector other residential building
24 311
19.7
20.4


Dwelling units commenced
Graph: Dwelling units commenced

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






MARCH KEY POINTS

TOTAL DWELLINGS
  • The trend estimate for the total number of dwelling units commenced rose 2.4% in the March 2015 quarter following a rise of 2.5% in the December quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced rose 8.6% to 53,901 dwellings in the March quarter following a fall of 8.2% in the December quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements rose 0.7% in the March quarter following a rise of 0.5% in the December quarter.
  • The seasonally adjusted estimate for new private sector house commencements rose 0.2% to 28,349 dwellings in the March quarter following a rise of 0.9% in the December quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements rose 4.4% in the March quarter following a rise of 5.2% in the December quarter.
  • The seasonally adjusted estimate for new private sector other residential building rose 19.7% to 24,311 dwellings in the March quarter following a fall of 19.2% in the December quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2015 14 October 2015
September 2015 20 January 2016



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia(cat. no. 8755.0) on 27 May 2015. 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 March quarter 2015 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 14 October 2015.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia, December quarter 2014 (cat. no. 8752.0) released on 15 April 2015:
  • the total value of work done in Australia during the December quarter 2014 has been revised upwards by $440.3m or 1.8%.
  • the total value of work commenced in Australia during the December quarter 2014 has been revised upwards by $535.7m or 2.3%. This was driven by upwards revisions to non-residential commencements ($124.4m) and residential commencements ($411.3m).
  • the number of dwelling unit commencements in the December quarter 2014 has been revised upwards by 1,475 dwellings or 2.9%.


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.

This release includes revisions dating back to September 2001.


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Commonwealth of Australia 2015

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