VALUE OF WORK COMMENCED VOLUME TERMS
TREND AND SEASONALLY ADJUSTED ESTIMATES
 | Sep qtr 09 | Jun qtr 09 to Sep qtr 09 | Sep qtr 08 to Sep qtr 09 |
| $m | % change | % change |
Trend(a) |
|
| Value of work commenced | 17 003.5 | 6.2 | -12.5 |
| New residential building | 7 598.5 | 0.6 | -17.9 |
| Alterations and additions to residential building | 1 426.5 | -1.7 | -9.0 |
| Non-residential building | 7 880.2 | 12.4 | -8.6 |
Seasonally Adjusted(a) |
|
| Value of work commenced | 18 864.6 | 30.5 | -2.5 |
| New residential building | 7 827.5 | 5.8 | -16.1 |
| Alterations and additions to residential building | 1 422.8 | -1.3 | -9.9 |
| Non-residential building | 9 614.3 | 71.3 | 13.9 |
|
| (a) Chain volume measures, reference year 2007-08. |
TREND
- The trend estimates of the total and non-residential value of building commenced have not been adjusted for BER and should be used with caution.
- The trend estimate of the total value of building work commenced rose 6.2% in the September quarter 2009 but is still lower than September 2008.
- The value of new residential building commenced rose 0.6%. New house commencements rose 2.4% and new other residential commencements fell 3.5%. The value of commencements for alterations and additions to residential buildings fell 1.7%. The value of non-residential building commenced rose 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 September quarter rose 30.5% following a fall of 8.0% in June.
- Commencements of new residential buildings rose 5.8% to $7,827.5m. New house commencements rose 3.6%, to $5,807.1m, and new other residential building rose 12.6% to $2,020.4m. Alterations and additions fell 1.3% to $1,422.8m. Non-residential work commenced rose 71.3%, to $9,614.3m.
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