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8755.0 - Construction Work Done, Australia, Preliminary, Mar 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/05/2005   
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MARCH KEY FIGURES

Mar qtr 05
Dec qtr 04 to Mar qtr 05
Mar qtr 04 to Mar qtr 05
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
Building
12,287.8
-1.0
-3.2
Residential
8,180.7
-2.1
-5.3
Non-residential
4,104.4
1.3
1.1
Engineering
7,284.2
2.5
7.9
Total construction
19,595.8
0.4
0.8

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
Building
12,310.7
-1.1
-3.2
Residential
8,194.6
-1.0
-5.3
Non-residential
4,116.1
-1.2
1.4
Engineering
7,450.5
7.2
10.1
Total construction
19,761.2
1.9
1.4

(a) Reference year for Chain Volume Measures is 2002-03.

Value of construction work done, Volume terms - Trend estimates
Graph: Value of constrution work done, Volume terms,  Trend estimates

Value of building work done, Volume terms - Trend estimates
Graph: Value of building work done, Volume terms, Trend estimates



MARCH KEY POINTS


VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

TREND ESTIMATES

  • The trend estimate of building work done fell 1.0% in the March quarter 2005. A fall in residential building (-2.1%) was partly offset by a rise in non-residential building (+1.3%).
  • Engineering work rose 2.5% in the March quarter 2005.
  • Total construction work done rose 0.4% in the latest quarter.

SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of building work fell 1.1% in the March quarter 2005, to $12,310.7m. Residential building fell 1.0%, to $8,194.6m. Non-residential building fell 1.2%, to $4,116.1m.
  • Engineering work done rose 7.2%, to $7,450.5m, in the March quarter 2005, the highest level on record. Work done for the private sector rose 5.1%, to $4,183.6m, also a record. This rise was complemented by a rise in work done for the public sector of 9.9%, to $3,266.9m, the highest estimate since September quarter 2000.
  • Total construction work done rose 1.9%, to a record $19,761.2m, in the latest quarter.


NOTES


ABOUT THIS ISSUE

This publication provides an early indication of trends in building and engineering construction activity. The data are estimates based on a response rate of approximately 80% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Building Activity, Australia (cat. no. 8752.0) on 18 July 2005 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 15 July 2005.



CHANGES IN THIS ISSUE

There are no changes in this issue.



DATA NOTES

The engineering construction trend estimates for Tasmania and the Northern Territory have been revised to reflect a changed treatment of the prolonged effect two large projects are having on the state level estimates. Both these series now contain a break in series reflecting the sudden and large change in trend estimate levels caused by the starts of these projects.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrew Stidston on Adelaide (08) 8237 7668.



CONSTRUCTION WORK DONE, CHAIN VOLUME MEASURES

TREND PERCENTAGE CHANGE

TOTAL CONSTRUCTION

Graph: Construction work done, chain volume measures, trend percentage change, total construction



Strong growth in the engineering construction sector has driven total construction work done to record levels, though the growth in total construction work done has been weak in recent quarters.


ENGINEERING

Graph: Construction work done, chain volume measures, trend percentage change, Engineering



Engineering construction work done has increased for sixteen successive quarters.


BUILDING

Graph: Construction work done, chain volume measures, trend percentage change, total building



Total building work decreased for the third successive quarter after four quarters of growth.


RESIDENTIAL

Graph: Construction work done, chain volume measures, trend percentage change, Residential building



Residential building work decreased for the third successive quarter after a year of growth.


NON-RESIDENTIAL

Graph: Construction work done, chain volume measures, trend percentage change, Non-residential building



Non-residential work rose in the latest two quarters following small declines in the previous two quarters.



CONSTRUCTION WORK DONE, STATES AND TERRITORIES

CHAIN VOLUME MEASURES - TREND ESTIMATES

NEW SOUTH WALES, VICTORIA

Graph: Construction work done, Chain volume measures, trend estimates, New South Wales and Victoria



Construction work done has fallen for the last four quarters for New South Wales. Victoria now shows declines for the past three quarters.


QUEENSLAND, WESTERN AUSTRALIA

Graph: Construction work done, Chain volume measures, trend estimates, Queensland and Western Australia



Construction work done has grown in Queensland for the past seven quarters. Construction work done in Western Australia has grown for the last five quarters.


SOUTH AUSTRALIA, TASMANIA

Graph: Construction work done, Chain volume measures, trend estimates, South Australia and Tasmania



Construction work done in South Australia has fallen for the past two quarters after growing since December 2000. In Tasmania, construction work done has fallen in the last two quarters after six quarters of growth.


NORTHERN TERRITORY, AUSTRALIAN CAPITAL TERRITORY

Graph: Construction work done, Chain volume measures, trend estimates, Northern Territory and Australian Capital Territory



Construction work done in the Northern Territory has grown in the March quarter for the first time since March 2004. The Australian Capital Territory has shown falls for the past four quarters.

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