AUGUST KEY FIGURES

		Aug 11	Jul 11 to Aug 11	Aug 10 to Aug 11
		no.	% change	% change
TREND
	Total dwelling units approved	12 855	0.7	-6.8
	Private sector houses	7 550	-1.0	-10.4
	Private sector dwellings excluding houses	4 933	2.9	4.4
SEASONALLY ADJUSTED
	Total dwelling units approved	13 800	11.4	-5.5
	Private sector houses	7 547	-1.0	-9.5
	Private sector dwellings excluding houses	5 829	35.1	12.4

Dwelling units approved

Private sector houses approved

AUGUST KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwellings approved rose 0.7% in August 2011 following a 0.3% increase in July 2011.
• The seasonally adjusted estimate for total dwellings approved rose 11.4% in August following a rise of 1.8% in the previous month.

PRIVATE SECTOR HOUSES

• The trend estimate for private sector houses approved fell 1.0% in August and has fallen for 20 months.
• The seasonally adjusted estimate for private sector houses fell 1.0% in August 2011 following a rise of 0.2% in the previous month.

PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES

• The trend estimate for private sector dwellings excluding houses rose 2.9% in August and has risen for 4 months.
• The seasonally adjusted estimate for private sector dwellings excluding houses approved rose 35.1% following a rise of 0.4% last month.

VALUE OF BUILDING APPROVED

• The trend estimate for the value of total residential building was flat in August after falling for the previous 15 quarters. The value of non-residential building fell 1.6%.
• The seasonally adjusted estimate of the value of total building approved rose 14.2% in August following a fall of 4.1% last month.
• The seasonally adjusted estimate for the value of total residential building rose 10.8% and the value of non-residential building rose 20.3%.

NOTES

FORTHCOMING ISSUES

ISSUE	Release Date
August 2011 (Additional Information)	17 October 2011
September 2011	2 November 2011
September 2011 (Additional Information)	14 November 2011
October 2011	1 December 2011
October 2011 (Additional Information)	13 December 2011
November 2011	10 January 2012
November 2011 (Additional Information)	18 January 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:

	2009-10	2010-11	TOTAL
NSW	172	61	233
Vic.	-	-	-
Qld	-	-	-
SA	-	-	-
WA	-	-	-
Tas.	50	-	50
NT	-	-	-
ACT	-	-	-
Total	222	61	283

INQUIRIES

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