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8755.0 - Construction Work Done, Australia, Preliminary, Dec 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/02/2004   
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KEY FIGURES

Dec qtr 03
Sep qtr 03 to Dec qtr 03
Dec qtr 02 to Dec qtr 03
$m
% change
% change

Trend estimates(a)

Value of work done
Building
11,720.6
1.9
2.7
Residential
7,908.8
1.7
1.9
Non-residential
3,811.5
2.3
4.4
Engineering
6,312.4
1.1
6.5
Total construction
18,042.5
1.7
4.0

Seasonally Adjusted Estimates(a)

Value of work done
Building
11,928.3
4.2
4.7
Residential
8,026.6
3.3
2.9
Non-residential
3,901.6
6.1
8.7
Engineering
6,448.7
6.1
7.3
Total construction
18,377.0
4.9
5.6

(a) Chain volume measures, reference year 2001-02.
Value of construction work done,
Volume termsTrend estimates
Graph - Value of construction work done, Volume terms, Trend estimates

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

KEY POINTS


VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

TREND ESTIMATES

  • The trend estimate of building work done rose 1.9% in the December quarter 2003. The latest increase was due to continued strength in both residential (up 1.7%) and non-residential building (up 2.3%).
  • Engineering work done rose by 1.1% in the latest quarter. Total construction work rose by 1.7%, the eleventh successive quarterly increase.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate of building work done rose 4.2% in the December quarter to $11,928.3m, a level exceeded only by the June quarter 2000. Residential building rose 3.3% to $8,026.6m, the second highest level on record, with alterations and additions rising 2.1% to a record $1,279.1m. Non-residential building rose 6.1% to $3,901.6m, the highest for six years.
  • Engineering work done rose 6.1% to a record $6,448.7m. Work for the private sector rose 10.5% to a record $3,799.3m. Work for the public sector rose 0.3% (from the previous quarter's lowest level since the December quarter 1997) to $2,649.4m.
  • Total construction work done rose 4.9% to a record $18,377.0m.


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 19 April 2004 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 16 April 2004.

SIGNIFICANT REVISIONS THIS ISSUE

The seasonally adjusted and trend series have been revised as a result of the annual review of concurrent seasonal factors. See paragraphs 25 to 28 of the Explanatory Notes.

Inquiries

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tony Bammann on Adelaide (08) 8237 7316.

Abbreviations
ABNAustralian Business Number
ABSAustralian Bureau of Statistics
ANZSICAustralian and New Zealand Standard Industrial Classification
ATOAustralian Taxation Office
GSTGoods and Services Tax
qtrquarter
TAUtype of activity unit
VATvalue added tax


CONSTRUCTION WORK DONE, CHAIN VOLUME MEASURES


TREND PERCENTAGE CHANGE

TOTAL CONSTRUCTION
raph - Construction work done, Chain volume measures, Trend perentage change, Total construction



The total value of construction work done has increased for eleven successive quarters. While the rate of growth slowed in the first half of 2003, it has increased over the last two quarters.


Engineering
Graph - Construction work done, Chain volume measures, Trend percentage change, Engineering



Engineering construction work done has increased for eleven successive quarters. However, the rate of growth for the three most recent quarters has slowed when compared to the earlier quarters.


Building
Graph - Construction work done, Chain volume measures, Trend percentage change, Building



Total building work done has increased for the last two quarters.


Residential
Graph - Construction work done, Chain volume measures, Trend percentage change, Residential



Residential building work has increased for the last two quarters, following marginal declines for the two preceding quarters.


Non-residential
Graph - Construction work done, Chain volume measures, trend percentage change, Non-residential



Non-residential building work has increased for the last three quarters.

CONSTRUCTION WORK DONE, STATES AND TERRITORIES

ORIGINAL ESTIMATES


New South Wales, Victoria
Graph - Construction work done, States and territories, Original estimates, New South Wales and Victoria



Since early 2001, construction work done has risen strongly in New South Wales and Victoria, with growth in both the building and engineering sectors.


Queensland, Western Australia
Graph - Construction work done, States and territories, Original estimates, Queensland and Western Australia



Construction work done has risen strongly in Queensland since early 2001, with growth in recent quarters dominated by building work. In Western Australia, while both sectors were strong in 2002-03, engineering work has levelled off.


South Australia, Tasmania

Graph - Construction work done, States and territories, Original estimates, South Australia and Tasmania



Construction work done has risen strongly in South Australia since early 2001. In Tasmania, while engineering work has been flat, building work has been strong over the last year.


Northern Territory, Australian Capital Territory
Graph - Construction work done, States and territories, Original estimates, Northern Territory and Australian Capital Territory



Growth in the Northern Territory over the last two years has been driven by the engineering sector. Construction work in the Australian Capital Territory is dominated by the building sector which has shown steady growth since early 2001.

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