VALUE OF WORK COMMENCED VOLUME TERMS
TREND AND SEASONALLY ADJUSTED ESTIMATES
 | Jun qtr 11 | Mar qtr 11 to Jun qtr 11 | Jun qtr 10 to Jun qtr 11 |
| $m | % change | % change |
Trend(a) |
|
| Value of work commenced | 19 227.8 | 1.0 | -10.1 |
| New residential building | 10 050.0 | 0.3 | -7.9 |
| Alterations and additions to residential building | 1 726.7 | 0.5 | -0.1 |
| Non-residential building | 7 456.9 | 2.1 | -14.8 |
Seasonally Adjusted(a) |
|
| Value of work commenced | 19 597.0 | 3.2 | -10.4 |
| New residential building | 10 023.4 | -1.2 | -12.9 |
| Alterations and additions to residential building | 1 743.9 | 3.7 | 0.3 |
| Non-residential building | 7 829.8 | 9.4 | -9.2 |
|
| (a) Reference year for chain volume measures is 2008-09. Refer to paragraphs 31-35 of the Explanatory Notes. |
TREND
- The trend estimate of the total value of building work commenced rose 1.0% in the June quarter 2011 following a fall of 1.4% in the March quarter.
- The value of new residential building commenced rose 0.3% following falls in the last three quarters. The value of new house commencements fell 0.1% and new other residential commencements rose 1.0%. The value of commencements for alterations and additions to residential buildings rose 0.5%.
- The value of non-residential building commenced rose 2.1%. See data notes on page 2 of this publication.
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 rose 3.2% to $19,597.0m following a rise of 0.7% in March 2011.
- Commencements of new residential buildings fell 1.2% to $10,023.4m. New house commencements rose 1.7%, to $6,441.0m, and new other residential building fell 6.0% to $3,582.4m. Alterations and additions rose 3.7% to $1,743.9m. Non-residential work commenced rose 9.4%, to $7,829.8m.
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