8752.0 - Building Activity, Australia, Dec 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 13/04/2016   
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DECEMBER KEY FIGURES

Value of Work Done, Chain Volume Measures, , Australia

December Quarter 2015
Dec qtr 15
Sep qtr 15 to Dec qtr 15
Dec qtr 14 to Dec qtr 15
$m
%
%

TREND ESTIMATES(a)

Value of work done
24 394.6
0.3
4.2
New residential building
13 862.3
1.3
9.3
Alterations and additions to residential building
1 908.3
-1.0
3.2
Non-residential building
8 630.3
-0.9
-2.7

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
24 507.5
1.0
5.7
New residential building
13 960.0
2.1
11.1
Alterations and additions to residential building
1 892.1
-1.8
3.4
Non-residential building
8 655.4
-0.1
-1.5

(a) Reference year for chain volume measures is 2013-14

Value of work done, Chain volume measures
Graph: Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates
Graph: Value of work done, chain volume measures  Trend estimates




BUILDING WORK DONE
  • The trend estimate of the value of total building work done rose 0.3% in the December 2015 quarter.
  • The seasonally adjusted estimate of the value of total building work done rose 1.0% to $24,507.5m in the December quarter, following a rise of 1.0% in the September 2015 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done rose 1.3% in the December quarter. The value of work done on new houses fell 2.0% while new other residential building rose 5.5%.
  • The seasonally adjusted estimate of the value of new residential building work done rose 2.1% to $13,960.0m. Work done on new houses fell 2.2% to $7,640.8m, while new other residential building rose 7.8% to $6,319.3m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done fell 0.9% in the December quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter fell 0.1%, following a fall of 1.5% in the September 2015 quarter.


DWELLING UNITS COMMENCED

Dec qtr 15
Sep qtr 15 to Dec qtr 15
Dec qtr 14 to Dec qtr 15
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
54 829
-1.5
4.6
New private sector houses
27 284
-1.5
-3.4
New private sector other residential building
26 204
-0.7
14.0

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
53 727
-5.1
8.0
New private sector houses
26 840
-5.4
-5.8
New private sector other residential building
25 733
-3.8
27.8

Dwelling units commenced
Graph: Dwelling units commenced

Private dwellings commenced, Trend estimates
Graph: Private dwellings commenced Trend estimates






TOTAL DWELLINGS
  • The trend estimate for the total number of dwelling units commenced fell 1.5% in the December 2015 quarter following a rise of 0.7% in the September quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 5.1% to 53,727 dwellings in the December quarter following a rise of 2.3% in the September quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements fell 1.5% in the December quarter following a fall of 1.3% in the September quarter.
  • The seasonally adjusted estimate for new private sector house commencements fell 5.4% to 26,840 dwellings in the December quarter following a rise of 2.8% in the September quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements fell 0.7% in the December quarter following a rise of 3.2% in the September quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 3.8% to 25,733 dwellings in the December quarter following a rise of 3.9% in the September quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2016 13 July 2016
June 2016 12 October 2016



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 24 February 2016. The data in this publication are based on a response rate of approximately 90% of the value of building work done during the quarter. The data are subject to revision when returns from the following quarter are processed. Final data for the December quarter 2015 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 13 July 2016.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia, September quarter 2015 (cat. no. 8752.0) released on 20 January 2015:
  • the total value of work done in Australia during the September quarter 2015 has been revised upwards by $242.9m or 0.9%.
  • the total value of work commenced in Australia during the September quarter 2015 has been revised upwards by $1,541.3m or 6.2%. This was driven by upwards revisions to non-residential commencements ($671.8m) and residential commencements ($869.5m).
  • the number of dwelling unit commencements in the September quarter 2015 has been revised upwards by 1,765 dwellings or 3.1%.


DATA NOTE

Several time series spreadsheets contain 'np' (not available for publication) annotations from the September quarter 2012 onwards. This is due to confidential data being contained in these series.

For the March Building Activity release each year, the ABS publishes revisions that have been made to Building Activity data prior to the December quarter. For the forthcoming March 2016 release, revisions will be provided for the time period from June 2011 to September 2015 and will include revisions resulting from the Building Approvals Annual Review. A feature article has been included in the December 2015 Building Activity, Australia (cat no. 8752.0) publication explaining potential sources of revisions in more detail.


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