VALUE OF WORK COMMENCED VOLUME TERMS
TREND AND SEASONALLY ADJUSTED ESTIMATES
 | Mar qtr 09 | Dec qtr 08 to Mar qtr 09 | Mar qtr 08 to Mar qtr 09 |
 | $m | % change | % change |
Trend(a) |
|
Value of work commenced | 14 382.4 | -11.6 | -27.9 |
New residential building | 7 049.0 | -10.3 | -27.5 |
Alterations and additions to residential building | 1 384.0 | -3.3 | -14.8 |
Non-residential building | 6 108.9 | -12.4 | -28.9 |
Seasonally Adjusted(a) |
|
Value of work commenced | 13 920.9 | -14.7 | -30.4 |
New residential building | 7 137.1 | -6.3 | -27.2 |
Alterations and additions to residential building | 1 376.8 | -2.9 | -14.6 |
Non-residential building | 5 407.0 | -25.9 | -37.0 |
|
(a) Chain volume measures, reference year 2006-07. |
TREND
- The trend estimate of the total value of building work commenced fell 11.6% in the March quarter 2009.
- The value of new residential building commenced fell 10.3%. New house commencements fell 7.3% and new other residential commencements fell 14.6%. The value of commencements for alterations and additions to residential buildings fell 3.3%. The value of non-residential building fell by 12.4%.
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 March quarter fell 14.7% following a fall of 10.8% in December.
- Commencements of new residential buildings fell 6.3% to $7,137.1m. New house commencements fell 5.1%, to $5,104.8m, while new other residential building fell 9.1% to $2,032.3m. Alterations and additions fell 2.9% to $1,376.8m. Non-residential work commenced fell 25.9% to $5,407.0m.