MARCH KEY FIGURES

		Mar qtr 14	Dec qtr 13 to Mar qtr 14	Mar qtr 13 to Mar qtr 14
		$m	% change	% change
TREND ESTIMATES(a)
Value of work done
	Building	21 587.4	1.4	4.6
	Residential	12 781.1	2.4	5.0
	Non-residential	8 802.9	-	3.9
	Engineering	32 192.9	-0.5	0.1
	Total construction	53 781.3	0.2	1.9
SEASONALLY ADJUSTED ESTIMATES(a)
Value of work done
	Building	21 766.9	3.3	6.2
	Residential	13 054.9	6.8	8.4
	Non-residential	8 712.1	-1.5	3.1
	Engineering	31 854.2	-1.6	0.2
	Total construction	53 621.1	0.3	2.6
- nil or rounded to zero (including null cells)
(a) Reference year for Chain Volume Measures is 2011-12.

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 0.2% in the March quarter 2014.
• The seasonally adjusted estimate for total construction work done rose 0.3% to $53,621.1m in the March quarter.

BUILDING WORK DONE

• The trend estimate for total building work done rose 1.4% in the March quarter.
• The trend estimate for non-residential building work done remained unchanged in the March quarter while residential building work rose 2.4%.
• The seasonally adjusted estimate of total building work done rose 3.3% to $21,766.9m in the March quarter.

ENGINEERING WORK DONE

• The trend estimate for engineering work done fell 0.5% in the March quarter.
• The seasonally adjusted estimate for engineering work done fell 1.6% to $31,854.2m in the March quarter.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
June 2014	27 August 2014
September 2014	26 November 2014
December 2014	25 February 2015
March 2015	27 May 2015

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 02 July 2014 and in Building Activity, Australia (cat. no. 8752.0) on 16 July 2014.


DATA NOTES

This release includes revisions to both the Building Activity and Engineering Construction Survey. Building Activity data was revised back to September 2002 and Engineering Construction data was revised back to March 2010.

As a result of changes to production processes, some time series identifiers will be changing. The content and nature of these series will not be affected.

The following publications will be affected:

• Construction Work Done, Australia, Preliminary (cat. no. 8755.0) - changes implemented from this release onwards.
• Building Activity, Australia (cat. no. 8752.0) - changes implemented from March 2014 (released on 16 July 2014) onwards.

To assist in accommodating these changes, Excel spreadsheets showing the old and new time series identifiers for each affected series are included under the downloads tab.

Please note the dates on which these changes take effect, as detailed above.

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.