MARCH KEY FIGURES

		Mar qtr 12	Dec qtr 11 to Mar qtr 12	Mar qtr 11 to Mar qtr 12
		$m	% change	% change
TREND ESTIMATES(a)
Value of work done
	Building	18 778.0	-2.2	-6.0
	Residential	11 008.5	-1.5	-6.6
	Non-residential	7 778.8	-3.1	-5.0
	Engineering	29 239.0	5.4	32.9
	Total construction	48 137.4	2.6	14.6
SEASONALLY ADJUSTED ESTIMATES(a)
Value of work done
	Building	18 450.8	-5.0	-7.7
	Residential	10 989.9	-2.0	-8.3
	Non-residential	7 460.9	-9.2	-6.8
	Engineering	29 849.6	13.3	35.6
	Total construction	48 300.4	5.5	15.0
(a) Chain volume measures, reference year 2009-10.

Value of construction work done, Chain volume measures - Trend estimates

Value of building work done, Chain volume measures - Trend estimates

MARCH KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL CONSTRUCTION

• The trend estimate for total construction work done rose 2.6% in the March quarter 2012.
• The seasonally adjusted estimate for total construction work done rose 5.5%, to $48,300.4m in the March quarter.

BUILDING WORK DONE

• The trend estimate for total building work done fell 2.2% in the March quarter.
• The trend estimate for non-residential building work done fell 3.1% in the March quarter.
• The seasonally adjusted estimate of total building work done fell 5.0%, to $18,450.8m, in the March quarter.

ENGINEERING WORK DONE

• The trend estimate for engineering work done rose 5.4% in the March quarter.
• The seasonally adjusted estimate for engineering work done rose 13.3%, to $29,849.6m, in the March quarter.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
June 2012	29 August 2012
September 2012	28 November 2012

ABOUT THIS ISSUE

This publication provides an early indication of trends in building and engineering construction activity. The data are estimates based on a response rate of approximately 85% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Engineering Construction Activity, Australia (cat.no. 8762.0) on 4 July 2012 and in Building Activity, Australia (cat. no. 8752.0) on 18 July 2012.


CHANGES IN THIS ISSUE

There are no changes in this issue.


DATA NOTES

The trend estimates should be interpreted with caution as the underlying behaviour of building activity may be affected by Government stimulus packages as well as other developments associated with global economic conditions. Trend estimates should be used with caution due to the volatility caused by large engineering projects. For more details on trend estimates, please see paragraphs 24 to 26 of the explanatory notes.


INQUIRIES

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