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QTPA Member Alert |ABS Building Activity, Australia, Dec 2012 (18/4/2013)

ABS Building Activity, Australia, Dec 2012 

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

Dec qtr 12Sept qtr 12 to Dec qtr 12Dec qtr 11 to Dec qtr 12
$m% change% change
TREND ESTIMATES(a) 
Value of work done 19 960.9 0.50.5
New residential building 9 861.7 1.42.3
Alterations and additions to residential building 1 740.8 0.4-6.2
Non-residential building 8 359.6 -0.5 
SEASONALLY ADJUSTED ESTIMATES(a) 
Value of work done 20 031.6 1.21.5
New residential building 9 909.8 1.72.6
Alterations and additions to residential building 1 755.3 1.4-5.8
Non-residential building 8 366.5 0.72
– nil or rounded to zero (including null cells) 
(a) Reference year for chain volume measures is 2010-11. 

BUILDING WORK DONE

  • The trend estimate of the value of total building work done rose 0.5% in the December 2012 quarter.
  • The seasonally adjusted estimate of the value of total building work done rose 1.2% to $20,031.6m in the December quarter, following a fall of 0.1% in the September 2012 quarter.

NEW RESIDENTIAL BUILDING WORK DONE

  • The trend estimate of the value of new residential building work done rose 1.4% in the December quarter. The value of work done on new houses rose 1.1% while new other residential building rose 1.8%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 1.7% to $9,909.8m. Work done on new houses rose 2.3% to $6,418.9m, while new other residential building rose 0.5% to $3,490.9m.

NON-RESIDENTIAL WORK DONE

  • The trend estimate of the value of non-residential building work done fell 0.5% in the December quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 0.7%, following a fall of 2.7% in the September 2012 quarter.

DWELLING UNITS COMMENCED

Dec qtr 12Sep qtr 12 to Dec qtr 12Dec qtr qq to Dec qtr 12
no.% change% change
TREND ESTIMATES 
Total dwelling units commenced 39 267 3.512.6
New private sector houses 22 819 2.94.5
New private sector other residential building 15 332 426
SEASONALLY ADJUSTED ESTIMATES 
Total dwelling units commenced 38 267 -2.37.9
New private sector houses 22 586 -0.41.9
New private sector other residential building 14 614 -4.517.8

TOTAL DWELLINGS

  • The trend estimate for the total number of dwelling units commenced rose 3.5% in the December 2012 quarter following a rise of 4.5% in the September quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 2.3% in the December quarter following a rise of 7.4% in the September quarter.

NEW PRIVATE SECTOR HOUSES

  • The trend estimate for new private sector house commencements rose 2.9% in the December quarter following a rise of 2.4% in the September quarter.
  • The seasonally adjusted estimate for new private sector house commencements fell 0.4% in the December quarter following a rise of 6.1% in the September quarter.

NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING

  • The trend estimate for new private sector other residential building commencements rose 4.0% in the December quarter following a rise of 7.0% in the September quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 4.5 in the December quarter following a rise of 6.4% in the December quarter.

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