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FEATURE ARTICLE: REVISIONS TO BUILDING ACTIVITY STATISTICS
Identification of additional building approval records/jobs;
LARGE SCALE REVIEWS
The ABS has previously conducted large scale reviews of building approvals data by requesting that all approving authorities resubmit all approval records for a given period. The last such review was conducted in 2012 and examined all approvals data back to July 2001 (refer to the January 2013 issue of the Building Approvals, Australia (cat no. 8731.0) publication). Recently, the ABS commenced a modified review program, examining data submitted from July 2012 - June 2015. Data submitted as part of this review will be compared against the original monthly submissions from approving authorities. From this analysis, the ABS will revise previous building approval statistics which will then flow through to the building activity statistics.
The ABS intends to conduct similar reviews each year from 2016 onwards, focussing on the previous years’ submissions from each approving authority.
PRINCIPLES OF REVISIONS
The following principals govern revisions to building activity statistics. Revisions are made:
PUBLICATION OF REVISIONS
Building activity statistics are published for a given reference quarter for the first time in Construction Work Done, Preliminary (cat no. 8755.0), before being updated with additional detail in Building Activity, Australia (cat no. 8752.0). Revisions made to the previous reference quarter are published in the next available release. Significant revisions made to reference quarters prior to the previous quarter are published once per year in the next March release of Construction Work Done, Preliminary (cat no. 8755.0) and updated with additional detail in Building Activity, Australia (cat no. 8752.0).
Revisions resulting from the most recent Building Approvals Annual Review will be published in the March 2016 quarter publication of Construction Work Done, Preliminary (cat no. 8755.0). Additional detail will be made available in Building Activity, Australia (cat no. 8752.0).
Subsequent impacts of revisions to building activity statistics can be seen in the National Accounts.
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