SEPTEMBER KEY FIGURES
| Sep qtr 14 | Jun qtr 14 to Sep qtr 14 | Sep qtr 13 to Sep qtr 14 |
| $m | % | % |
TREND ESTIMATES(a) |
|
Value of work done | 22 555.6 | 1.2 | 7.1 |
New residential building | 11 881.8 | 2.0 | 12.4 |
Alterations and additions to residential building | 1 772.5 | -0.9 | 0.2 |
Non-residential building | 8 898.8 | 0.6 | 2.1 |
SEASONALLY ADJUSTED ESTIMATES(a) |
|
Value of work done | 22 287.1 | -0.9 | 5.1 |
New residential building | 11 603.3 | -2.1 | 8.9 |
Alterations and additions to residential building | 1 761.4 | -1.5 | 1.1 |
Non-residential building | 8 922.4 | 0.9 | 1.3 |
|
(a) Reference year for chain volume measures is 2012-13. |
Value of work done, Chain volume measures
| Value of work done, Chain volume measures - Trend estimates
|
BUILDING WORK DONE
- The trend estimate of the value of total building work done rose 1.2% in the September 2014 quarter.
- The seasonally adjusted estimate of the value of total building work done fell 0.9% to $22,287.1m in the September quarter, following a rise of 1.9% in the June 2014 quarter.
NEW RESIDENTIAL BUILDING WORK DONE
- The trend estimate of the value of new residential building work done rose 2.0% in the September quarter. The value of work done on new houses rose 0.9% while new other residential building rose 3.7%.
- The seasonally adjusted estimate of the value of new residential building work done fell 2.1% to $11,603.3m. Work done on new houses fell 4.3% to $6,780.7m, while new other residential building rose 1.1% to $4,822.7m.
NON-RESIDENTIAL WORK DONE
- The trend estimate of the value of non-residential building work done rose 0.6% in the September quarter.
- The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 0.9% to $8,922.4m, following a rise of 0.8% in the June 2014 quarter.
DWELLING UNITS COMMENCED
| Sep qtr 14 | Jun qtr 14 to Sep qtr 14 | Sep qtr 13 to Sep qtr 14 |
| no. | % change | % change |
TREND ESTIMATES |
|
Total dwelling units commenced | 50 917 | 3.6 | 19.5 |
New private sector houses | 28 333 | 2.9 | 18.6 |
New private sector other residential building | 21 552 | 5.0 | 23.1 |
SEASONALLY ADJUSTED ESTIMATES |
|
Total dwelling units commenced | 52 380 | 12.5 | 26.4 |
New private sector houses | 27 870 | 1.3 | 15.3 |
New private sector other residential building | 23 631 | 32.8 | 47.5 |
|
Dwelling units commenced
| Private dwellings commenced, Trend estimates
|
TOTAL DWELLINGS
- The trend estimate for the total number of dwelling units commenced rose 3.6% in the September 2014 quarter following a rise of 4.3% in the June quarter.
- The seasonally adjusted estimate for the total number of dwelling units commenced rose 12.5% to 52,380 dwellings in the September quarter following a fall of 5.7% in the June quarter.
NEW PRIVATE SECTOR HOUSES
- The trend estimate for new private sector house commencements rose 2.9% in the September quarter following a rise of 4.1% in the June quarter.
- The seasonally adjusted estimate for new private sector house commencements rose 1.3% to 27,870 dwellings in the September quarter following a rise of 0.1% in the June quarter.
NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
- The trend estimate for new private sector other residential building commencements rose 5.0% in the September quarter following a rise of 5.0% in the June quarter.
- The seasonally adjusted estimate for new private sector other residential building rose 32.8% to 23,631 dwellings in the September quarter following a fall of 14.3% in the June quarter.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
December 2014 | 15 April 2015 |
March 2015 | 15 July 2015 |
ABOUT THIS ISSUE
This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 26 November 2014. The data in this publication are based on a response rate of approximately 90% of the value of building work done during the quarter. The data are subject to revision when returns from the following quarter are processed. Final data for the September quarter 2014 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 15 April 2015.
SIGNIFICANT REVISIONS THIS ISSUE
Compared to the estimate published in Building Activity, Australia, June quarter 2014 (cat. no. 8752.0) released on 15 October 2014:
- the total value of work done in Australia during June quarter 2014 has been revised upwards by $332.1m or 1.5%.
- the total value of work commenced in Australia during June quarter 2014 has been revised upwards by $1,705.6m or 8.0%. This was driven by upwards revisions to non-residential commencements ($1,264.8m) and residential commencements ($440.8m).
- the number of dwelling unit commencements in the June quarter 2014 has been revised upwards by 1,228 dwellings or 2.7%.
DATA NOTE
Several time series spreadsheets contain 'np' (not available for publication) annotations from the September quarter 2012 onwards. This is due to confidential data being contained in these series.
A new base year, 2012-13, has been introduced in the chain volume estimates resulting in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2012-13, preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates. For further information, see the explanatory notes.
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