8755.0 - Construction Work Done, Australia, Preliminary, Sep 2003

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 26/11/2003

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Main Features
About this Release

KEY FIGURES


		Sep qtr 03 $m	Jun qtr 03 to Sep qtr 03 % change	Sep qtr 02 to Sep qtr 03 % change
		Sep qtr 03 $m	Jun qtr 03 to Sep qtr 03 % change	Sep qtr 02 to Sep qtr 03 % change

TREND ESTIMATES(a)

Value of work done
Building		11,365.3	-0.6	1.7
	Residential	7,671.0	-0.9	1.1
	Non-residential	3,689.8	-	2.8
Engineering		6,147.5	-0.4	8.9
Total construction		17,517.6	-0.5	4.1

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
Building		11,398.2	0.7	1.9
	Residential	7,719.8	1.1	2.7
	Non-residential	3,678.3	-0.2	0.1
Engineering		6,043.3	-3.5	6.7
Total construction		17,441.4	-0.8	3.5

- nil or rounded to zero (including null cells)
(a) Chain volume measures, reference year 2001-02.

VALUE OF CONSTRUCTION WORK DONE
Volume terms
Trend estimates
Graph - Value of construction work done, Volume terms, Trend estimates

VALUE OF BUILDING WORK DONE
Volume terms
Trend estimates
Graph - Value of building work done, Volume terms, Trend estimates

KEY POINTS

VALUE OF CONSTRUCTION WORK DONE, VOLUME TERMS

TREND ESTIMATES

The trend estimate of building work done fell 0.6% in the September quarter 2003, with residential building down 0.9% and non-residential building unchanged. The decline in residential building over the last two quarters may be halted in the December quarter 2003, due to continued strength in the value of residential building approvals.

Engineering work fell by 0.4% in the latest quarter following nine successive quarters of growth and total construction work done fell 0.5%.

SEASONALLY ADJUSTED ESTIMATES

The seasonally adjusted estimate of building work done rose 0.7% in the September quarter to $11,398.2m. Residential building rose 1.1% to $7,719.8m, the fourth highest level on record, while non-residential building fell 0.2% to $3,678.3m.

Engineering work done fell 3.5% to $6,043.3m. Work for the private sector fell 5.9% from last quarter's record level, to $3,264.3m. Work for the public sector fell 0.5%.

Total construction work fell 0.8% to $17,441.4m, a level exceeded only by the previous three quarters.

NOTES

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 80% of the value of both building and engineering work done during the quarter. More comprehensive and updated results will be released in Building Activity, Australia (cat. no. 8752.0) on 19 January 2004 and in Engineering Construction Activity, Australia (cat. no. 8762.0) on 16 January 2004.

Note that additional time series are available on AusStats. For the state and territory building work done series shown in tables 9 and 10, work done (and corresponding percentage changes) for each state and territory is available by private sector/all sectors and by type of building, i.e., by the same dissections as shown for Australia in tables 7 and 8.

CHANGES IN THIS ISSUE

Two new pages have been added. Page 4 shows graphs of original estimates of total construction work done and compares the states/territories, while an index of tables is included on page 5.

FURTHER INFORMATION

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tony Bammann on Adelaide (08) 8237 7316.

CONSTRUCTION WORK DONE, CHAIN VOLUME MEASURES

TREND PERCENTAGE CHANGE

TOTAL CONSTRUCTION

Graph - Construction work done, Chain volume measures, Trend perentage change, Total construction

The total value of construction work done has shown marginal falls for the last two quarters, following eight successive quarters of growth.

Engineering

Graph - Construction work done, Chain volume measures, Trend percentage change, Engineering

Engineering construction work done fell marginally in the September quarter, following nine quarters of growth.

Building

Graph - Construction work done, Chain volume measures, Trend percentage change, Building

Total building work done has shown marginal falls for the last two quarters, following eight quarters of growth.

Residential

Residential building work has declined for the last two quarters (but see the first dot point on page 1), following eight quarters of growth.

Non-residential

Non-residential building work has remained virtually steady for the last two quarters, following eight quarters of growth.

ORIGINAL ESTIMATES

New South Wales, Victoria

Graph - Construction work done, States and territories, Original estimates, New South Wales and Victoria

Since early 2001, construction work done has risen strongly in New South Wales and Victoria. Both building and engineering work increased, with building recording the stronger growth in both states.

Queensland, Western Australia

Graph - Construction work done, States and territories, Original estimates, Queensland and Western Australia

Construction work done has risen strongly in Queensland and Western Australia since early 2001. Growth in Queensland has been driven mainly by the building sector, while in Western Australia the engineering sector was predominant.

South Australia, Tasmania

Graph - Construction work done, States and territories, Original estimates, South Australia and Tasmania

Construction work done has risen strongly in South Australia since early 2001, with growth in both building and engineering work. Tasmania has also shown growth since 2001, although it has been relatively flat over the last 12 months.

Northern Territory, Australian Capital Territory

Graph - Construction work done, States and territories, Original estimates, Northern Territory and Australian Capital Territory

Growth in the Northern Territory over the last two years has been driven by the engineering sector. Construction work in the Australian Capital Territory is dominated by the building sector which has shown steady growth since early 2001.