VALUE OF WORK COMMENCED VOLUME TERMS
TREND AND SEASONALLY ADJUSTED ESTIMATES
 | Jun qtr 10 | Mar qtr 10 to Jun qtr 10 | Jun qtr 09 to Jun qtr 10 |
| $m | % change | % change |
Trend(a) |
|
| Value of work commenced | 21 198.9 | -2.1 | 30.1 |
| New residential building | 11 093.2 | 7.8 | 47.7 |
| Alterations and additions to residential building | 1 657.3 | 0.2 | 12.9 |
| Non-residential building | 8 652.3 | -10.9 | 18.3 |
Seasonally Adjusted(a) |
|
| Value of work commenced | 20 843.0 | 0.7 | 42.5 |
| New residential building | 10 980.3 | 6.5 | 49.8 |
| Alterations and additions to residential building | 1 638.3 | 1.5 | 13.1 |
| Non-residential building | 8 224.4 | -6.3 | 40.7 |
|
| (a) Reference year for chain volume measures is 2007-08. Refer to paragraphs 31-35 of the Explanatory Notes. |
TREND
- The trend estimates of the total and non-residential value of building commenced should be interpreted with caution. See data notes on page 2 of this publication.
- The trend estimate of the total value of building work commenced fell 2.1% in the June quarter 2010 to $21,198.9m. This is 30.1% higher than June 2009.
- The value of new residential building commenced rose 7.8%. The value of new house commencements rose 1.9% and new other residential commencements rose 17.1%. The value of commencements for alterations and additions to residential buildings rose by 0.2%. The value of non-residential building commenced fell 10.9%.
Value of Work Commenced in Volume Terms, Trend
SEASONALLY ADJUSTED
- In seasonally adjusted terms, the estimate of the total value of building work commenced in the June quarter rose 0.7% following a fall of 10.5% in March 2010.
- Commencements of new residential buildings rose 6.5% to $10,980.3m. New house commencements fell 2.7%, to $6,803.2m, and new other residential building rose 25.9% to $4,177.1m. Alterations and additions rose 1.5% to $1,638.3m. Non-residential work commenced fell 6.3%, to $8,224.4m.
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