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JUNE KEY FIGURES

	Jun qtr 06	Mar qtr 06 to Jun qtr 06	Jun qtr 05 to Jun qtr 06
	$m	% change	% change
TREND ESTIMATES(a)
Value of Work Done	14 724.9	0.8	-0.8
New residential building	7 615.2	-0.5	-6.4
Alterations and additions to residential building	1 391.6	-0.8	-5.4
Non-residential building	5 703.0	2.7	8.7
SEASONALLY ADJUSTED ESTIMATES(a)
Value of Work Done	15 023.0	4.3	-0.4
New residential building	7 785.4	3.3	-6.0
Alterations and additions to residential building	1 434.5	7.0	-3.6
Non-residential building	5 803.0	5.0	9.1
(a) Chain volume measures, reference year 2004-05.

Value of work done, Volume terms

Value of work done, Volume terms - Trend estimates

JUNE KEY POINTS


VALUE OF WORK DONE, VOLUME TERMS

TREND ESTIMATES

• The trend estimate of the value of total building work done rose 0.8% in the June quarter 2006.
• The value of new residential building work fell 0.5% in the latest quarter. New houses fell 0.7%, and new other residential buildings fell 0.1%. Alterations and additions fell 0.8% while non-residential work done in the quarter rose 2.7%.

• The seasonally adjusted June quarter estimate of work done is up 4.3%, to $15,023.0m, on the revised March quarter estimate.
• New residential work rose 3.3%, to $7,785.4m. Work on new houses rose 2.7%, to $5,187.3m, while new other residential building work rose 4.7%, to $2,598.2m. Alterations and additions rose 7.0%, to $1,434.5m. Non-residential work done in the quarter rose 5.0%, to $5,803.0m.

CHANGES IN THIS ISSUE

A number of revisions have been made to historical data in many series to as far back as the September 2000 quarter. The revisions have been included to adjust for recently identified omissions in historical Building Approvals data. These changes were incorporated into the March 2006 issue of Building Approvals, Australia (cat. no. 8731.0).

SIGNIFICANT REVISIONS THIS ISSUE

A new base year, 2004-05, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2004-05, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tamra Guiver on Adelaide (08) 8237 7655.

VALUE OF WORK DONE VOLUME TERMS JUNE QTR 2006


SUMMARY COMMENTS

• In the June quarter 2006, the seasonally adjusted estimate of total building work done rose in all of the states and territories except Tasmania (-9.1%). The largest rises were in the Northern Territory (+17.6%), the Australian Capital Territory (+15.5%) and Western Australia (+12.6%).
• In original terms, all states and territories rose.

		NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT	Aust.
Original(a)
Value of work done
	New residential building ($m)	1 943.0	2 044.8	2 038.1	450.2	1 041.4	122.1	72.0	132.8	7 844.4
	Alterations and additions to residential building ($m)	500.7	410.6	275.7	83.4	91.7	29.3	22.5	26.0	1 440.1
	Non-residential building ($m)	1 716.1	1 588.7	1 274.2	344.8	512.7	72.6	74.3	280.3	5 863.7
	Total building ($m)	4 159.9	4 044.1	3 588.1	878.4	1 645.9	224.0	168.8	439.1	15 148.2
Percentage change
	New residential building (%)	9.0	15.9	12.7	7.0	7.0	14.8	9.9	8.1	11.4
	Alterations and additions to residential building (%)	18.9	22.3	22.6	-1.4	2.6	21.3	137.1	24.8	19.0
	Non-residential building (%)	3.1	24.7	24.6	15.0	28.9	-11.9	46.7	30.3	17.1
	Total building (%)	7.6	19.9	17.4	9.1	12.7	5.2	34.4	22.4	14.2
Seasonally Adjusted(a)
Value of work done
	New residential building ($m)	1 921.3	2 010.6	2 057.4	442.3	1 044.8	120.0	na	124.1	7 785.4
	Alterations and additions to residential building ($m)	514.7	387.9	274.0	84.4	90.2	28.2	na	25.4	1 434.5
	Non-residential building ($m)	1 703.9	1 556.6	1 247.5	333.9	558.1	66.5	na	277.0	5 803.0
	Total building ($m)	4 139.9	3 955.2	3 578.9	860.6	1 693.1	214.7	166.3	426.6	15 023.0
Percentage change
	New residential building (%)	1.2	6.6	4.0	0.4	4.7	7.3	na	-4.5	3.3
	Alterations and additions to residential building (%)	10.2	5.3	2.4	-6.1	-	3.6	na	1.4	7.0
	Non-residential building (%)	-2.0	6.9	7.0	2.8	34.3	-31.6	na	29.4	5.0
	Total building (%)	0.9	6.5	4.9	0.6	12.6	-9.1	17.6	15.5	4.3
- nil or rounded to zero (including null cells)
na not available
(a) Chain volume measures, reference year 2004-05.

VALUE OF WORK DONE VOLUME TERMS


TREND ESTIMATES


NEW SOUTH WALES, VICTORIA

QUEENSLAND, WESTERN AUSTRALIA

SOUTH AUSTRALIA, TASMANIA

NORTHERN TERRITORY, AUSTRALIAN CAPITAL TERRITORY

VALUE OF WORK COMMENCED VOLUME TERMS


TREND AND SEASONALLY ADJUSTED ESTIMATES

	Jun qtr 06	Mar qtr 06 to Jun qtr 06	Jun qtr 05 to Jun qtr 06
	$m	% change	% change
Trend(a)
Value of work commenced	14 705.4	1.5	0.8
New residential building	7 862.2	2.4	1.4
Alterations and additions to residential building	1 459.2	1.3	5.4
Non-residential building	5 416.8	0.9	-0.7
Seasonally Adjusted(a)
Value of work commenced	15 236.0	7.8	3.4
New residential building	7 875.9	-0.9	-2.3
Alterations and additions to residential building	1 455.1	-	4.1
Non-residential building	5 905.1	24.8	11.8
- nil or rounded to zero (including null cells)
(a) Chain volume measures, reference year 2004-05.

TREND

• The June quarter 2006 trend estimate of the total value of building work commenced rose 1.5% from the March quarter estimate.
• The value of new residential building commenced rose 2.4% in the June quarter 2006. New house commencements rose 2.9% while new other residential commencements rose 1.3%. The value of commencements for alterations and additions to residential buildings rose 1.3%. The value of non-residential building rose by 0.9%.

Value of Work Commenced in Volume Terms, Trend

• In seasonally adjusted terms, the total value of building work commenced rose 7.8% in the June quarter 2006, to $15,236.0m.
• Commencements of new residential buildings fell 0.9%, to $7,875.9m. New house commencements rose 5.8%, to $5,497.8m, while new other residential building fell 13.7%, to $2,378.0m. Alterations and additions remained steady, at $1,455.1m. Non-residential work commenced rose 24.8%, to $5,905.1m.