8755.0 - Construction Work Done, Australia, Preliminary, Dec 2018
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2019
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DECEMBER KEY POINTS
VALUE OF WORK DONE, CHAIN VOLUME MEASURES
BUILDING WORK DONE
ENGINEERING WORK DONE
ABOUT THIS ISSUE
This publication provides an early indication of trends in building and engineering construction activity. The data are estimates based on a response rate of approximately 85% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Engineering Construction Activity, Australia (cat. no. 8762.0) on 27 March 2019 and in Building Activity, Australia (cat.no. 8752.0) on 10 April 2019.
A readily printable (PDF) publication is no longer released for this and future issues. Headline data items are presented in HTML format. Data series released in the Time Series Spreadsheets are maintained and produced to the same timetable currently in place for this release.
Trend estimates should be used with caution due to the volatility caused by large engineering projects. For more details on trend estimates, please see paragraphs 24 to 26 of the explanatory notes.
Mining projects tend to be complex in structure and comprise a number of different investment activities including exploration, engineering construction, plant and equipment and buildings. A feature article released in the March 2012 issue of Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0) provides a summary of the conceptual basis of the relevant ABS publications that measure investment in Australia, using a hypothetical mining project to illustrate how this investment is reflected in ABS data.
Engineering Construction Activity is reported by sector of ownership with work classified according to whether it is being done for the private or public sector. Users should be aware that there are occasions where a project may change ownership during construction phase. On these occasions the Engineering construction activity associated with such a project will move sector effective from the time of the ownership change.
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