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8731.0 - Building Approvals, Australia, December 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/02/2012   
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DECEMBER KEY FIGURES

Dec 11
Nov 11 to Dec 11
Dec 10 to Dec 11
no.
% change
% change

TREND
Total dwelling units approved
11 189
-1.8
-19.3
Private sector houses
7 408
-0.1
-10.0
Private sector dwellings excluding houses
3 633
-3.9
-29.7
SEASONALLY ADJUSTED
Total dwelling units approved
11 443
-1.0
-24.5
Private sector houses
7 513
0.2
-9.2
Private sector dwellings excluding houses
3 791
-2.0
-38.5


Dwelling units approved
Graph: Number of dwelling units approved

Private sector houses approved
Graph: Private sector houses approved




DECEMBER KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwellings approved fell 1.8% in December 2011 and has fallen for 14 months.
  • The seasonally adjusted estimate for total dwellings approved fell 1.0% in December following a rise of 10.1% in the previous month.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved fell 0.1% in December and has fallen for 24 months.
  • The seasonally adjusted estimate for private sector houses rose 0.2% in December 2011 following a rise of 5.4% in the previous month.


PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
  • The trend estimate for private sector dwellings excluding houses fell 3.9% in December and has now fallen for 12 months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 2.0% following a rise of 21.5% last month.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved fell 1.8% in December and has fallen for 13 months. The value of residential building fell 2.5% and has fallen for the last 14 months. The value of non-residential building fell 0.8% and has now fallen for the last 12 months.
  • The seasonally adjusted estimate of the value of total building approved rose 1.9% in December following a fall of 0.5% last month. The value of residential building rose 1.0% and the value of non-residential building rose 3.3% in December.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
December 2011 (Additional Information)10 February 2012
January 20121 March 2012
January 2012 (Additional Information)9 March 2012
February 2012 2 April 2012
February 2012 (Additional Information)11 April 2012
March 2012 7 May 2012
March 2012 (Additional Information)11 May 2012
April 201231 May 2012
April 2012 (Additional Information)7 June 2012



CHANGES IN THIS ISSUE

There are no changes in this issue.


DATA NOTES

Widespread flooding, and other natural disasters, in the eastern states during late 2010 and early 2011 have not adversely affected participation by providers in the Building Approvals collection or the quality of estimates in this release. However, these events may have had an impact on the number of approved dwellings and the value of approved work.

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 their short term nature. From April 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 19 to 21 of the explanatory notes.


REVISIONS THIS MONTH

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

2010-11
2011-12
TOTAL

NSW
-
74
74
Vic.
-
49
49
Qld
31
610
641
SA
-
-
-
WA
-
-
-
Tas.
-
-
-
NT
-
-
-
ACT
-
-
-
Total
31
733
764




INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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