QTPA Member Alert | ABS Building Activity, Australia, Dec 2011 (18/4/12)

ABS Building Activity, Australia, Dec 2011

Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 18/04/2012 Released 18/04/12

NB: not sure what’s happening here as this is the latest official release from the ABS dated 18th of April 2012 (three months later).

DECEMBER KEY FIGURES

	Dec qtr 11		Sep qtr 11 to Dec qtr 11	Dec qtr 10 to Dec qtr 11
	$m		% change	% change
TREND ESTIMATES(a)

Value of Work Done	19 000.4		-1.7	-8.1
New residential building	9 261.5		-2.6	-8.8
Alterations and additions to residential building	1 844.0		-0.2	3.4
Non-residential building	7 898.5		-0.9	-9.7
SEASONALLY ADJUSTED ESTIMATES(a)

Value of Work Done	18 742.1		-4.9	-9.1
New residential building	9 307.5		-1.7	-7.7
Alterations and additions to residential building	1 821.0		-2.1	2.0
Non-residential building	7 613.6		-9.1	-12.9

(a) Chain volume measures, reference year 2009-10.
Value of work done, Chain volume measures		Value of work done, Chain volume measures – Trend estimates

DECEMBER KEY POINTS

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

BUILDING WORK DONE

The trend estimate of the value of total building work done fell 1.7% in the December 2011 quarter.
The seasonally adjusted estimate of the value of total building work done fell 4.9% to $18,742.1m, in the December quarter, following a rise of 1.2% in the September 2011 quarter.

NEW RESIDENTIAL BUILDING WORK DONE

The trend estimate of the value of new residential building work done fell 2.6% in the December quarter. The value of work done on new houses fell 3.3% while new other residential building fell 1.3%.
The seasonally adjusted estimate of the value of new residential building work done fell 1.7% to $9,307.5m. Work done on new houses fell 3.4% to $6,093.4m, while new other residential building rose 1.8% to $3,214.1m.

NON-RESIDENTIAL WORK DONE

The trend estimate of the value of non-residential building work done fell 0.9% in the December quarter. See data notes on page 2 of this publication.
The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 9.1%, following a 6.2% rise in the September 2011 quarter.