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8752.0 - Building Activity, Australia, Mar 2014 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 16/07/2014   
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MARCH KEY FIGURES

Mar qtr 14
Dec qtr 13 to Mar qtr 14
Mar qtr 13 to Mar qtr 14
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
21 613.4
1.5
4.7
New residential building
10 992.6
2.5
5.3
Alterations and additions to residential building
1 770.5
0.6
2.2
Non-residential building
8 845.2
0.3
4.4

SEASONALLY ADJUSTED ESTIMATES

Value of work done
21 822.5
3.7
6.4
New residential building
11 249.5
7.6
8.5
Alterations and additions to residential building
1 780.5
0.8
5.9
Non-residential building
8 792.4
-0.3
4.0

(a) Reference year for chain volume measures is 2011-12

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 1.5% in the March quarter.
  • The seasonally adjusted estimate of the value of total building work done rose 3.7% to $21,822.5m in the March quarter, following a fall of 0.4% in the December quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done rose 2.5% in the March quarter. The value of work done on new houses rose 2.1%, while new other residential building rose 3.2%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 7.6% to $11,249.5m in the March quarter. Work done on new houses rose 5.3% to $6,700.6m, while new other residential building rose 11.1% to $4,549.0m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done rose 0.3% in the March quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done fell 0.3% in the March quarter, following a fall of 0.2% in the December quarter.


DWELLING UNITS COMMENCED

Mar qtr 14
Dec qtr 13 to Mar qtr 14
Mar qtr 13 to Mar qtr 14
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
47 920
6.3
18.3
New private sector houses
26 415
5.2
15.4
New private sector other residential building
20 417
8.3
25.2

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
48 964
8.7
22.2
New private sector houses
27 322
12.9
23.5
New private sector other residential building
20 577
4.4
26.3


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 6.3% in the March quarter, following a rise of 6.1% in the December quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced rose 8.7% to 48,964 dwellings in the March quarter, following a rise of 8.7% in the December quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements rose 5.2% in the March quarter, following a rise of 5.0% in the December quarter.
  • The seasonally adjusted estimate for new private sector house commencements rose 12.9% to 27,322 dwellings in the March quarter, following a rise of 0.2% in the December quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements rose 8.3% in the March quarter, following a rise of 8.6% in the December quarter.
  • The seasonally adjusted estimate for new private sector other residential building rose 4.4% to 20,577 dwellings in the March quarter, following a rise of 23.1% in the December quarter.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
June 2014 15 October 2014
September 2014 15 January 2015



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia(cat. no. 8755.0) on 28 May 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 March quarter 2014 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 15 October 2014.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia, December quarter 2013 (cat. no. 8752.0) released on 16 April 2014:
  • the total value of work done in Australia during December quarter 2013 has been revised downwards by $24.6m or 0.1%.
  • the total value of work commenced in Australia during December quarter 2013 has been revised upwards by $730.1m or 3.4%. This was driven by upwards revisions to non-residential commencements ($560.8m) and residential commencements ($169.3m).
  • the number of dwelling unit commencements in the December quarter 2013 has remained practically unchanged (revised upwards by 2 dwellings).


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.

As a result of changes to production processes, some time series identifiers will be changing. The content and nature of these series will not be affected.

The following publications will be affected:
To assist in accommodating these changes, Excel spreadsheets showing the old and new time series identifiers for each affected series are included under the downloads tab. Please note the dates on which these changes take effect, as detailed above.


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Commonwealth of Australia 2014

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