VALUE OF WORK BUILDING DONE
- The seasonally adjusted value of all building work done in the March quarter 2009 was estimated to be around $2.5 billion, almost 6% lower than in the previous quarter ($2.7 billion). This brought the value of work done back down to a level closer to that seen in the March quarter 2008.
2 March key figures
Dec qtr 08 to Mar qtr 09
Mar qtr 08 to Mar qtr 09
|Seasonally adjusted(a) |
|Value of work done |
|New residential building |
|Alterations and additions to residential building |
|Non-residential building |
|Total value of work done |
|(a) Chain volume measures, reference year 2006-07 |
|Source: Building Activity, Australia, cat. no. 8752.0. |
- The value of work done in the March quarter 2009 fell, in seasonally adjusted terms, for both new residential building (down 6.5%) and non-residential building (down 4.3%). This followed the highest value ever recorded for non-residential building in the previous quarter (over $1 billion).
- Overall, the value of building work done has climbed steadily in recent years notwithstanding occasional small quarterly falls, primarily in residential building.
To view Excel spreadsheet: Building Activity