As table 20.15 shows, the total value of non-residential building work approved in 2000 was at the same level as in 1999, and the value of work done fell by 8%.
The value of non-residential building work done in 2000 was 10% higher than the value of work approved (it had been 20% higher in 1999). A pattern of the value of work done exceeding the value of approvals has, in the past, indicated a period of slowing activity in this sector as existing jobs are finished, with less new work coming on stream.
In 2000, Shops, Offices and Other business premises together accounted for about half the value of non-residential building approved and of work done. This was similar to their share of approvals and work done in 1999.
20.15 VALUE OF NON-RESIDENTIAL BUILDING(a) - 1999 and 2000
|
| Approved
| Work Done
|
|
| 1999
$m | 2000
$m | 1999
$m | 2000
$m |
|
Hotels, etc. | 904 | 533 | 1,289 | 839 |
Shops | 2,262 | 2,225 | 2,683 | 2,379 |
Factories | 905 | 911 | 900 | 945 |
Offices | 1,830 | 2,281 | 2,612 | 2,492 |
Other business premises | 1,617 | 1,824 | 2,115 | 1,868 |
Educational | 1,564 | 1,761 | 1,461 | 1,688 |
Religious | 124 | 102 | 112 | 137 |
Health | 1,151 | 1,086 | 1,409 | 1,341 |
Entertainment and recreational | 1,075 | 770 | 1,507 | 1,016 |
Miscellaneous | 803 | 726 | 595 | 783 |
Total non-residential building | 12,233 | 12,220 | 14,682 | 13,487 |
|
(a) Valued at $50,000 or more. |
Source: Building Approvals, Australia (8731.0); Building Activity, Australia (8752.0). |