8752.0 - Building Activity, Australia, Jun 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/10/2012   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Jun qtr 12
Mar qtr 12 to Jun qtr 12
Jun qtr 11 to Jun qtr 12
$m
% change
% change

Trend(a)

Value of work commenced
17 782.4
-2.3
-6.4
New residential building
8 696.7
-2.5
-11.9
Alterations and additions to residential building
1 645.9
-1.9
-7.7
Non-residential building
7 445.5
-2.2
1.4

Seasonally Adjusted(a)

Value of work commenced
17 400.5
-7.5
-9.1
New residential building
9 000.3
6.8
-6.6
Alterations and additions to residential building
1 635.5
-3.9
-9.1
Non-residential building
6 764.8
-22.1
-12.4

(a) Reference year for chain volume measures is 2009-10. Refer to paragraphs 31-35 of the Explanatory Notes.



TREND
  • The trend estimate of the total value of building work commenced fell 2.3% in the June quarter 2012, and has fallen for four quarters.
  • The value of new residential building commenced fell 2.5% and has fallen for eight quarters. The value of new house commencements fell 3.4% and new other residential commencements fell 0.4%. The value of commencements for alterations and additions to residential buildings fell 1.9%.
  • The value of non-residential building commenced fell 2.2%.
Value of Work Commenced in Volume Terms, Trend
Graph: Value of Work Commenced in Volume Terms, Trend



SEASONALLY ADJUSTED
  • In seasonally adjusted terms, the estimate of the total value of building work commenced in the June quarter fell 7.5% to $17,400.5m following rise of 4.1% in March 2012.
  • Commencements of new residential buildings rose 6.8% to $9000.3m. New house commencements fell 0.6%, to $5,625.4m, and new other residential building rose 22.1% to $3,374.9m. Alterations and additions fell 3.9% to $1,635.5m. Non-residential work commenced fell 22.1%, to $6,764.8m.