8731.0 - Building Approvals, Australia, May 2010 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 01/07/2010
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MAY KEY POINTS
TOTAL DWELLING UNITS
PRIVATE SECTOR HOUSES
PRIVATE SECTOR OTHER DWELLING UNITS
VALUE OF BUILDING APPROVED
CHANGES IN THIS ISSUE
There are no changes in this issue.
REVISIONS THIS MONTH
Revisions to the total number of dwelling units approved in this issue are:
Significant revisions to the number of dwellings approved are the result of the inclusion of previously unreported data.
The trend estimates should be interpreted with caution as the underlying behaviour of building approvals may be affected by initiatives within the Government stimulus package, which included the "Building the Education Revolution" (BER) program and the Social Housing Initiative as well as other developments associated with global economic conditions. From June 2009 to February 2010 BER impacts were quantified and removed from the trend estimates because of its short term nature. From March 2010 these impacts are no longer removed from the trend estimates as their effect has significantly declined. For more details on trend estimates, please see paragraphs 20 to 23 of the explanatory notes.
Seasonally adjusted and trend estimates have been revised in this issue as a result of the annual reanalysis of seasonal factors. Non-residential value time series at the state level are highly volatile. Nevertheless they contain seasonal variation and continue to be seasonally adjusted.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7648.
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