QTPA Member Alert | ABS Building Activity, Australia, Mar 2012 (20/7/2012)
ABS Building Activity, Australia, Mar 2012
MARCH 2012 KEY FIGURES
| Mar qtr 12 | Dec qtr 11 to Mar qtr 12 | Mar qtr 11 to Mar qtr 12 | ||
| $m | % change | % change | ||
TREND ESTIMATES(a) | ||||
| Value of Work Done | 18 857.4 | -1.7 | -5.7 | |
| New residential building | 9 270.7 | -1.1 | -7.1 | |
| Alterations and additions to residential building | 1 741.3 | -3.1 | -4.1 | |
| Non-residential building | 7 854.4 | -2.0 | -4.3 | |
SEASONALLY ADJUSTED ESTIMATES(a) | ||||
| Value of Work Done | 18 693.8 | -2.8 | -6.6 | |
| New residential building | 9 286.2 | -1.2 | -8.7 | |
| Alterations and additions to residential building | 1 710.2 | -5.5 | -5.5 | |
| Non-residential building | 7 697.4 | -4.1 | -4.3 | |
| (a) Chain volume measures, reference year 2009-10. | ||||
Value of work done, Chain volume measures | Value of work done, Chain volume measures – Trend estimates | |||
MARCH KEY POINTSVALUE 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 March 2012 quarter.
- The seasonally adjusted estimate of the value of total building work done fell 2.8% to $18,693.8m, in the March quarter, following a fall of 2.1% in the December 2011 quarter.
NEW RESIDENTIAL BUILDING WORK DONE
- The trend estimate of the value of new residential building work done fell 1.1% in the March quarter. The value of work done on new houses fell 1.9% while new other residential building rose 0.6%.
- The seasonally adjusted estimate of the value of new residential building work done fell 1.2% to $9,286.2m. Work done on new houses rose 0.2% to $6,140.1m, while new other residential building fell 3.9% to $3,146.1m.
NON-RESIDENTIAL WORK DONE
- The trend estimate of the value of non-residential building work done fell 2.0% in the March 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 4.1%, following a fall of 3.7% in the December 2011 quarter.
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