8752.0 - Building Activity, Australia, Mar 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 11/07/2018   
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MARCH KEY FIGURES

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

Mar qtr 18
Dec qtr 17 to Mar qtr 18
Mar qtr 17 to Mar qtr 18
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
28 618.3
0.6
2.7
New residential building
16 182.9
0.4
-0.5
Alterations and additions to residential building
2 088.1
0.7
-4.4
Non-residential building
10 337.6
0.9
9.7

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
28 584.9
0.3
2.3
New residential building
16 288.3
1.8
0.8
Alterations and additions to residential building
2 151.1
5.1
1.4
Non-residential building
10 145.6
-3.1
4.9

(a) Reference year for chain volume measures is 2015-16

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 0.6% in the March 2018 quarter.
  • The seasonally adjusted estimate of the value of total building work done rose 0.3% to $28,584.9m in the March quarter, following a rise of 1.0% in the December 2017 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done rose 0.4% in the March quarter. The value of work done on new houses rose 1.2%, while new other residential building fell 0.6%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 1.8% to $16,288.3m. Work done on new houses rose 2.9% to $8,687.0m, while new other residential building rose 0.7% to $7,601.2m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done rose 0.9% in the March quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 3.1%, following a rise of 4.1% in the December 2017 quarter.


DWELLING UNITS COMMENCED
Mar qtr 18
Dec qtr 17 to Mar qtr 18
Mar qtr 17 to Mar qtr 18
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
56 217
1.2
3.2
New private sector houses
30 145
2.0
8.5
New private sector other residential building
24 815
0.2
-2.3

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
57 112
5.2
9.8
New private sector houses
30 397
3.1
13.8
New private sector other residential building
25 522
8.8
6.7

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 1.2% in the March quarter following a rise of 1.8% in the December 2017 quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced rose 5.2% to 57,112 dwellings in the March quarter following a fall of 2.2% in the December 2017 quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements rose 2.0% in the March quarter following a rise of 2.7% in the December quarter.
  • The seasonally adjusted estimate for new private sector house commencements rose 3.1% to 30,397 dwellings in the March quarter following a rise of 3.3% in the December quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements rose 0.2% in the March quarter following a rise of 0.7% in the December quarter.
  • The seasonally adjusted estimate for new private sector other residential building rose 8.8% to 25,522 dwellings in the March quarter following a fall of 9.1% in the December quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2018 10 October 2018
September 2018 16 January 2019


ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 23 May 2018. 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 2018 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 10 October 2018.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia December quarter 2017 (cat. no. 8752.0) released on 11 April 2018:
  • the total value of work done in Australia during the December quarter 2017 has been revised upwards by $568.9m or 1.9%.
  • the total value of work commenced in Australia during the December quarter 2017 has been revised upwards by $1,970.5m or 6.9%. This was driven by a 12.0% ($1,160.2m) revision to non-residential commencements and a 4.3% ($810.4m) revision to residential commencements.
  • the number of dwelling unit commencements in the December quarter 2017 has been revised upwards by 1,460 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.

For the March Building Activity release each year, the ABS publishes revisions that have been made to Building Activity data prior to the December quarter. In this release, revisions have been provided for the time period from September 2012 to September 2017. A feature article has been included in the December 2015 Building Activity, Australia (cat no. 8752.0) publication explaining potential sources of revisions in more detail.


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