QTPA Member Alert |ABS Building Activity, Australia, Jun 2013 (15/10/2013)

ABS Building Activity, Australia, Jun 2013

BUILDING ACTIVITY JUNE 2013 KEY FIGURES

	Jun qtr 13	Mar qtr 13 to Jun qtr 13	Jun qtr 12 to Jun qtr 13
	$m	% change	% change
TREND ESTIMATES (a)
Value of work done	20 450.9	0.2	2.1
New residential building	10 371.6	0.3	5.7
Alterations and additions to residential building	1 698.3	-0.3	-4.6
Non-residential building	8 379.7	0.2	-0.6
SEASONALLY ADJUSTED ESTIMATES (a)
Value of work done	20 353.0	-0.2	2.0
New residential building	10 284.6	-0.7	5.9
Alterations and additions to residential building	1 725.7	4.0	-2/5
Non-residential building	8 342.7	-0.3	-1.6

(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 0.2% in the June 2013 quarter.
The seasonally adjusted estimate for the value of total building work done fell 0.2% to $20,353.0m in the June quarter, following a fall of 0.6% in the March quarter.

NEW RESIDENTIAL BUILDING WORK DONE

The trend estimate of the value of new residential building work done rose 0.3% in the June quarter. The value of work done on new houses fell 1.4% while new other residential building rose 3.2%.
The seasonally adjusted estimate of the value of new residential building work done fell 0.7% to $10,284.6m. Work done on new houses fell 2.8% to $6,262.5m, while new other residential building rose 2.7% to $4,022.2m.

NON-RESIDENTIAL WORK DONE

The trend estimate of the value of non-residential building work done rose 0.2% in the June quarter.
The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 0.3%, following a fall of 0.7% in the March 2013 quarter.

DWELLING UNITS COMMENCED

	Jun qtr 13	Mar qtr 13 to Jun qtr 13	Jun qtr 12 to Jun qtr 13
	No	% change	% change
TREND ESTIMATES
Total dwelling units commenced	40 523	-0.2	10.9
New private sector houses	22 992	0.7	5.3
New private sector other residential building	16 113	-1.0	15.9
SEASONALLY ADJUSTED ESTIMATES
Total dwelling units commenced	40 242	–	9.8
New private sector houses	23 407	5.7	8.9
New private sector other residential building	15 737	-3.7	9.3

– nil or rounded to zero (including null cells)

TOTAL DWELLINGS

The trend estimate for the total number of dwelling units commenced fell 0.2% in the June 2013 quarter following a rise of 0.9% in the March quarter.
The seasonally adjusted estimate for the total number of dwelling units commenced was essentially unchanged from March at 40,242 dwellings in the June quarter following a fall of 2.4% in the March quarter.

NEW PRIVATE SECTOR HOUSES

The trend estimate for new private sector house commencements rose 0.7% in the June quarter following a fall of rise of 0.8% in the March quarter.
The seasonally adjusted estimate for new private sector house commencements rose 5.7% to 23,407 dwellings in the June quarter following a fall of 4.1% in the March quarter.

NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING

The trend estimate for new private sector other residential building commencements fell 1.0% in the June quarter following a rise of 0.5% in the March quarter.
The seasonally adjusted estimate for new private sector other residential building fell 3.7% to 15,737 dwellings in the June quarter following a fall of 1.6% in the March quarter.