8752.0 - Building Activity, Australia, Sep 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 22/01/2007   
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VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

Sep qtr 06
Jun qtr 06 to Sep qtr 06
Sep qtr 05 to Sep qtr 06
$m
% change
% change

Trend(a)

Value of work commenced
15 814.7
4.0
8.2
New residential building
7 901.3
1.4
2.8
Alterations and additions to residential building
1 548.6
3.4
11.6
Non-residential building
6 297.0
6.5
13.7

Seasonally Adjusted(a)

Value of work commenced
15 575.9
-2.2
3.0
New residential building
7 733.4
-1.7
-1.8
Alterations and additions to residential building
1 590.8
8.9
16.6
Non-residential building
6 251.7
-5.3
6.3

(a) Chain volume measures, reference year 2004-05.



TREND

  • The September quarter 2006 trend estimate of the total value of building work commenced rose 4.0% from the June quarter estimate.
  • The value of new residential building commenced rose 1.4% in the September quarter 2006. New house commencements rose 3.2% while new other residential commencements fell 2.8%. The value of commencements for alterations and additions to residential buildings rose 3.4%. The value of non-residential building rose by 6.5%.
Value of Work Commenced in Volume Terms, Trend
Graph: Value of Work Commenced in Volume Terms, Trend




SEASONALLY ADJUSTED
  • In seasonally adjusted terms, the total value of building work commenced fell 2.2% in the September quarter 2006, to $15,575.9m.
  • Commencements of new residential buildings fell 1.7%, to $7,733.4m. New house commencements rose 1.6%, to $5,553.1m, while new other residential building fell 9.1%, to $2,180.4m. Alterations and additions rose 8.9%, to $1,590.8m. Non-residential work commenced fell 5.3%, to $6,251.7m.