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8731.0 - Building Approvals, Australia, Oct 2008 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2008   
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OCTOBER KEY FIGURES

Oct 08
Sep 08 to Oct 08
Oct 07 to Oct 08
no.
% change
% change

TREND
Total dwelling units approved
11 036
-3.8
-20.9
Private sector houses
7 655
-2.4
-16.8
Private sector other dwellings
3 068
-7.4
-29.3
SEASONALLY ADJUSTED
Total dwelling units approved
10 730
-5.4
-26.0
Private sector houses
7 507
-2.7
-20.4
Private sector other dwellings
2 916
-11.4
-38.8


Dwelling units approved
Graph: Number of dwelling units approved

Private sector houses approved
Graph: Private sector houses approved




OCTOBER KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwelling units approved fell 3.8% in October 2008 and has fallen for 12 months.
  • The seasonally adjusted estimate for total dwelling units approved fell 5.4%.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved fell 2.4% in October.
  • The seasonally adjusted estimate for private sector houses approved fell 2.7% in October.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved fell 7.4% in October.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 11.4% in October.


VALUE OF BUILDING APPROVED
  • The trend estimate for the value of total building approved fell 4.9% in October. The trend estimate for the value of new residential building approved fell 3.4%, while the value of alterations and additions fell 2.1% and is now showing falls for 10 months. The trend estimate of value of non-residential building approved has fallen 7.0%.
  • The seasonally adjusted estimate for the value of total building approved fell 19.4% in October. The seasonally adjusted estimate for the value of new residential building approved fell 7.5% in October. The seasonally adjusted estimate for the value of alterations and additions fell 7.5%, and the value of non-residential building fell 34.4%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2008 8 January 2009
December 2008 4 February 2009
January 2009 5 March 2009
February 2009 1 April 2009
March 2009 5 May 2009
April 2009 2 June 2009



CHANGES IN THIS ISSUE

A new base year, 2006-07, has been introduced into the chain volume estimates which has resulted in minor revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2006-07. Additivity is preserved in the quarters of the reference year and subsequent quarters. Re-referencing affects the level of, but not the movements in, chain volume estimates.


REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

2007-08
2008-09
TOTAL

NSW
9
215
224
Vic.
43
147
190
Qld
381
27
408
SA
-1
157
156
WA
-11
2
-9
Tas.
-
-
-
NT
-
15
15
ACT
-
-
-
Total
421
563
984




DATA NOTES

There are no notes about the data.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7648.


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