8752.0 - Building Activity, Australia, Mar 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 12/07/2017   
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MARCH KEY FIGURES

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

Mar qtr 17
Dec qtr 16 to Mar qtr 17
Mar qtr 16 to Mar qtr 17
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
26 491.0
-1.0
-1.5
New residential building
15 495.0
-1.5
-0.8
Alterations and additions to residential building
2 072.8
-1.0
1.5
Non-residential building
8 929.7
-
-3.4

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
26 410.4
-2.4
-1.5
New residential building
15 290.7
-4.4
-2.7
Alterations and additions to residential building
2 033.7
-5.1
-0.1
Non-residential building
9 086.1
1.7
0.3

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



BUILDING WORK DONE
  • The trend estimate of the value of total building work done fell 1.0% in the March 2017 quarter.
  • The seasonally adjusted estimate of the value of total building work done fell 2.4% to $26,410.4m in the March quarter, following a rise of 2.2% in the December 2016 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done fell 1.5% in the March quarter. The value of work done on new houses fell 1.2% while new other residential building fell 1.9%.
  • The seasonally adjusted estimate of the value of new residential building work done fell 4.4% to $15,290.7m. Work done on new houses fell 2.5% to $8,198.9m, while new other residential building fell 6.5% to $7,091.8m.


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 1.7%, following a rise of 3.1% in the December 2016 quarter.


DWELLING UNITS COMMENCED
Mar qtr 17
Dec qtr 16 to Mar qtr 17
Mar qtr 16 to Mar qtr 17
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
52 487
-4.3
-11.4
New private sector houses
26 484
-5.4
-8.0
New private sector other residential building
24 637
-3.4
-14.9

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
50 395
-11.4
-19.2
New private sector houses
25 979
-7.9
-8.7
New private sector other residential building
23 015
-15.3
-28.6

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 4.3% in the March 2017 quarter following a fall of 4.4% in the December quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 11.4% to 50,395 dwellings in the March quarter following a fall of 0.1% in the December quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements fell 5.4% in the March quarter following a fall of 3.9% in the December quarter.
  • The seasonally adjusted estimate for new private sector house commencements fell 7.9% to 25,979 dwellings in the March quarter following a fall of 3.8% in the December quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements fell 3.4% in the March quarter following a fall of 4.8% in the December quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 15.3% to 23,015 dwellings in the March quarter following a rise of 1.9% in the December quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2017 11 October 2017
September 2017 17 January 2018



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 24 May 2017. 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 2017 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 11 October 2017.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia December quarter 2016 (cat. no. 8752.0) released on 12 April 2017:
  • the total value of work done in Australia during the December quarter 2016 has been revised upwards by $399.3m or 1.4%.
  • the total value of work commenced in Australia during the December quarter 2016 has been revised upwards by $975.2m or 3.5%. This was driven by a 1.7% ($346.3m) revision to total residential commencements and a 7.9% ($628.9m) revision to non-residential commencements.
  • the number of dwelling unit commencements in the December quarter 2016 has been revised upwards by 705 dwellings or 1.2%.


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 2016. 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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