JUNE KEY FIGURES

		Jun Qtr 18	Mar Qtr 18 to Jun Qtr 18	Jun Qtr 17 to Jun Qtr 18
		$m	% change	% change
TREND ESTIMATES(a)
Value of work done
	For the private sector	14 410.6	1.9	13.1
	For the public sector(b)	9 820.8	3.2	16.6
	Total engineering construction	24 255.2	2.5	14.6
SEASONALLY ADJUSTED ESTIMATES(a)
Value of work done
	For the private sector	14 309.0	1.8	-16.6
	For the public sector(b)	9 892.2	2.7	18.2
	Total engineering construction	24 201.2	2.2	-5.2
(a) Reference year for chain volume measures is 2015-16.
(b) Includes work done by the private sector for the public sector and work done by the public sector.

Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates

JUNE KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL

• The trend estimate for the value of total engineering construction work done rose 2.5% in the June 2018 quarter.
• The seasonally adjusted estimate for the value of total engineering construction work done rose 2.2% in the June quarter to $24,201.2m.

PRIVATE SECTOR

• The trend estimate for the value of work done for the private sector rose 1.9% in the June quarter.
• The seasonally adjusted estimate for the value of work done for the private sector rose 1.8% in the June quarter to $14,309.0m.

PUBLIC SECTOR

• The trend estimate for the value of work done for the public sector rose 3.2% in the June quarter.
• The seasonally adjusted estimate for the value of work done for the public sector rose 2.7% in the June quarter to $9,892.2m.

VALUE OF WORK COMMENCED, CURRENT PRICES

• The value of work commenced in the June quarter was $29,026.0m in original terms, a decrease of 2.0% from the March quarter.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
September 2018	16 January 2019
December 2018	27 March 2019

ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 22 August 2018.


DATA NOTE

This release includes revisions to Engineering Construction data back to March 2018.

Several time series spreadsheets for recent quarters contain 'np' (not available for publication) annotations. This is due to confidential data being contained in these series.

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 22 to 24 of the explanatory notes.

Mining projects tend to be complex in structure and comprise a number of different investment activities including exploration, engineering construction, plant and equipment and buildings. A feature article released in the March 2012 issue of Private New Capital Expenditure and Expected Expenditure, Australia (cat. no. 5625.0) provides a summary of the conceptual basis of the relevant ABS publications that measure investment in Australia, using a hypothetical mining project to illustrate how this investment is reflected in ABS data.


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