8731.0 - Building Approvals, Australia, Feb 2011 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/03/2011
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FEBRUARY KEY POINTS
TOTAL DWELLING UNITS
PRIVATE SECTOR HOUSES
PRIVATE SECTOR OTHER DWELLING UNITS
VALUE OF BUILDING APPROVED
CHANGES IN THIS ISSUE
There are no changes in this issue.
REVISIONS THIS MONTH
Revisions to the total number of dwelling units approved in this issue are:
Widespread flooding in the eastern states, particularly Queensland, and other recent natural disasters have not adversely affected participation by providers in the Building Approvals collection or the quality of estimates in this release. However, these events are likely to have had an impact on the number of approved dwellings and the value of approved work in February 2011. While revisions may still occur in these data (see para 6 in Explanatory Notes), these are not expected to be unduly affected by the flooding and unusual weather events experienced across the country.
The trend estimates should be interpreted with caution as the underlying behaviour of building approvals may be affected by initiatives within the Government stimulus package, which included the "Building the Education Revolution" (BER) program and the Social Housing Initiative as well as other developments associated with global economic conditions. From June 2009 to February 2010 BER impacts were quantified and removed from the trend estimates because of its short term nature. From March 2010 these impacts are no longer removed from the trend estimates as their effect has significantly declined. For more details on trend estimates, please see paragraphs 21 to 24 of the explanatory notes.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.
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