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SEPTEMBER KEY FIGURES

	Sep qtr 05	Jun qtr 05 to Sep qtr 05	Sep qtr 04 to Sep qtr 05
	$m	% change	% change
TREND ESTIMATES(a)
Value of Work Done	13 906.4	1.5	3.4
New residential building	7 649.1	0.9	-1.1
Alterations and additions to residential building	1 395.5	0.7	-1.8
Non-residential building	4 855.0	2.4	13.0
SEASONALLY ADJUSTED ESTIMATES(a)
Value of Work Done	13 776.7	-1.9	2.9
New residential building	7 554.5	-2.8	-3.6
Alterations and additions to residential building	1 396.8	-0.8	-2.3
Non-residential building	4 825.4	-0.7	17.0
(a) Chain volume measures, reference year 2003-04.

Value of work done, Volume terms

Value of work done, Volume terms - Trend estimates

SEPTEMBER KEY POINTS


VALUE OF WORK DONE, VOLUME TERMS

TREND ESTIMATES

• The trend estimate of the value of total building work done rose 1.5% in the September quarter 2005.
• The value of new residential building work rose by 0.9% in the latest quarter. New houses rose by 1.9%, however new other residential buildings fell 1.0%. Alterations and additions rose 0.7% while non-residential work done in the quarter rose 2.4%.

• The seasonally adjusted September quarter estimate of work done is down 1.9%, to $13,776.7m, on the revised June quarter estimate.
• There were falls in all sectors. New residential work fell 2.8%, to $7,554.5m. Work on new houses was down 0.7%, to $5,063.7m, while new other residential building work fell 6.9%, to $2,490.9m. Alterations and additions fell 0.8%, to $1,396.8m. Non-residential work done in the quarter declined by 0.7%, to $4,825.4m.

CHANGES IN THIS ISSUE

There are no changes in this issue.

SIGNIFICANT REVISIONS THIS ISSUE

Compared with the estimates in current price original terms published in the previous issue of this publication:

• the total value of building work done during the June quarter 2005 has been revised upwards by $232m (+1.5%). This was mainly the result of an upward revision of $160.4m (+2.1%) in new residential building work done.

VALUE OF WORK DONE VOLUME TERMS SEPTEMBER QTR 2005


SUMMARY COMMENTS

• In the September quarter 2005, the seasonally adjusted estimate of total building work done fell in all states and territories with the exception of Victoria (+1.9%) and the Australian Capital Territory (+4.5%). The largest falls were in South Australia (-7.5%) and the Northern Territory (-4.7%).
• In original terms, all states and territories rose, with the exception of South Australia (-7.0%), Tasmania (-2.7%) and the Northern Territory (-7.3%).

		NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT	Aust.
Original(a)
Value of work done
	New residential building ($m)	1 977.6	2 255.4	1 982.4	424.2	880.9	120.2	59.9	126.6	7 827.3
	Alterations and additions to residential building ($m)	514.3	422.2	271.1	89.3	76.9	24.4	11.7	30.1	1 440.0
	Non-residential building ($m)	1 587.2	1 502.3	953.7	295.4	407.0	84.6	50.6	115.3	4 996.0
	Total building ($m)	4 079.1	4 179.9	3 207.2	808.9	1 364.8	229.1	122.3	272.0	14 263.4
Percentage change
	New residential building (%)	-2.0	2.4	1.2	-5.2	6.3	11.6	7.0	0.6	1.0
	Alterations and additions to residential building (%)	7.6	-5.6	7.8	-1.9	-4.9	-5.1	-17.4	10.2	1.7
	Non-residential building (%)	1.5	9.1	5.0	-11.0	7.2	-17.1	-18.0	1.9	3.3
	Total building (%)	0.5	3.8	2.8	-7.0	5.9	-2.7	-7.3	2.1	1.9
Seasonally Adjusted(a)
Value of work done
	New residential building ($m)	1 934.8	2 174.6	1 873.7	422.7	861.2	121.6	na	126.4	7 554.5
	Alterations and additions to residential building ($m)	501.0	419.2	261.8	84.6	76.9	24.0	na	27.8	1 396.8
	Non-residential building ($m)	1 590.0	1 451.1	917.9	292.0	367.2	79.2	na	116.1	4 825.4
	Total building ($m)	4 025.8	4 044.8	3 053.5	799.2	1 305.2	224.8	122.0	270.3	13 776.7
Percentage change
	New residential building (%)	-4.1	-0.6	-5.7	-4.9	1.6	11.4	na	10.0	-2.8
	Alterations and additions to residential building (%)	1.6	-1.4	3.8	-8.2	-3.5	-3.1	na	2.4	-0.8
	Non-residential building (%)	2.1	7.0	2.1	-10.9	-13.6	-21.2	na	-0.5	-0.7
	Total building (%)	-1.0	1.9	-2.7	-7.5	-3.5	-4.1	-4.7	4.5	-1.9
na not available
(a) Chain volume measures, reference year 2003-04.

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

	Sep qtr 05	Jun qtr 05 to Sep qtr 05	Sep qtr 04 to Sep qtr 05
	$m	% change	% change
Trend(a)
Value of work commenced	13 831.1	2.5	5.9
New residential building	7 388.0	1.4	-1.4
Alterations and additions to residential building	1 302.0	-0.9	-3.1
Non-residential building	5 078.5	3.6	20.4
Seasonally Adjusted(a)
Value of work commenced	13 837.0	0.4	5.9
New residential building	7 291.3	-3.8	-1.2
Alterations and additions to residential building	1 288.0	-2.8	-3.9
Non-residential building	5 257.7	7.8	21.2
(a) Chain volume measures, reference year 2003-04.

TREND

• The September quarter 2005 trend estimate of the total value of building work commenced rose 2.5% from the June quarter estimate.
• The value of new residential building commenced rose 1.4% in the September quarter 2005, with new house commencements rising 1.6% and new other residential commencements rising 1.0%. The value of commencements for alterations and additions to residential buildings fell 0.9%. The value of non-residential building rose by 3.6%, the fifth consecutive quarterly rise.

Value of Work Commenced in Volume Terms, Trend

• In seasonally adjusted terms, the total value of building work commenced rose 0.4% in the September quarter 2005, to $13,837.0m.
• Commencements of new residential buildings fell 3.8%, to $7,291.3m. New house commencements fell 5.9%, to $4,889.2m, while new other residential building rose 0.9%, to $2,402.1m. Alterations and additions fell 2.8%, to $1,288.0m.
• Non-residential work commenced was up 7.8%, to $5,257.7m.