VALUE OF WORK COMMENCED VOLUME TERMS
TREND AND SEASONALLY ADJUSTED ESTIMATES
 | Sep qtr 07 | Jun qtr 07
to Sep qtr 07 | Sep qtr 06
to Sep qtr 07 | |
| $m | % change | % change | |
Trend(a) | |
| |
| Value of work commenced | 16 563.5 | -0.7 | -0.4 | |
| New residential building | 8 495.4 | 0.2 | 1.7 | |
| Alterations and additions to residential building | 1 525.9 | 2.1 | -2.8 | |
| Non-residential building | 6 564.9 | -2.2 | -2.2 | |
Seasonally Adjusted(a) | |
| |
| Value of work commenced | 16 481.4 | -1.5 | 0.5 | |
| New residential building | 8 561.7 | 1.9 | 4.5 | |
| Alterations and additions to residential building | 1 553.2 | 3.0 | -5.4 | |
| Non-residential building | 6 366.5 | -6.7 | -3.2 | |
| |
| (a) Chain volume measures, reference year 2005-06. |
TREND
- The September quarter trend estimate of the total value of building work commenced fell 0.7% from the revised June quarter estimate.
- The value of new residential building commenced rose 0.2%. New house commencements fell 0.6% and new other residential commencements rose 1.9%. The value of commencements for alterations and additions to residential buildings rose 2.1%. The value of non-residential building fell by 2.2%.
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 September quarter fell 1.5% from the revised June quarter estimate.
- Commencements of new residential buildings rose 1.9%, to $8,561.7m. New house commencements fell 2.0%, to $5,862.2m, while new other residential building rose 11.5%, to $2,699.5m. Alterations and additions rose 3.0%, to $1,553.2m. Non-residential work commenced fell 6.7%, to $6,366.5m.
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