Turf QLD Industry Alert |ABS Engineering Construction Activity, Australia, Jun 2015

ABS Engineering Construction Activity, Australia, Jun 2015

JUNE 2015 KEY POINTS

VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL

The trend estimate for the value of total engineering construction work done fell 0.6% in the June 2015 quarter.
The seasonally adjusted estimate for the value of total engineering construction work done rose 5.7% in the June quarter to $26,674.3m.

PRIVATE SECTOR

The trend estimate for the value of work done for the private sector fell 0.4% in the June quarter.
The seasonally adjusted estimate for the value of work done for the private sector rose 10.2% in the June quarter to $20,925.9m.

PUBLIC SECTOR

The trend estimate for the value of work done for the public sector fell 1.0% in the June quarter.
The seasonally adjusted estimate for the value of work done for the public sector fell 7.7% in the June quarter to $5,748.4m.

VALUE OF WORK COMMENCED, CURRENT PRICES

The value of work commenced in the June quarter was $16,162.3m in original terms, an increase of 28.0% from the March quarter.

Building Approvals, Australia, Aug 2015

AUGUST KEY POINTS

TOTAL DWELLING UNITS

The trend estimate for total dwellings approved fell 0.7% in August and has fallen for five months.
The seasonally adjusted estimate for total dwellings approved fell 6.9% in August following a rise of 7.9% in the previous month.

PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved fell 0.1% in August and has fallen for four months.
The seasonally adjusted estimate for private sector houses rose 4.9% in August following a fall of 3.5% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

The trend estimate for private sector dwellings excluding houses fell 1.2% in August and has fallen for five months.
The seasonally adjusted estimate for private sector dwellings excluding houses fell 11.4% in August following a rise of 14.6% in the previous month.

VALUE OF BUILDING APPROVED

The trend estimate of the value of total building approved rose 0.8% in August and has risen for four months. The value of residential building rose 0.2% after falling for four months. The value of non-residential building rose 2.1% and has risen for four months.
The seasonally adjusted estimate of the value of total building approved fell 5.6% in August following a rise of 9.2% in the previous month. The value of residential building fell 3.5% following a rise of 8.1% in the previous month. The value of non-residential building fell 10.1% following a rise of 11.7% in the previous month.