SEPTEMBER KEY FIGURES

		Sep Qtr 16	Jun Qtr 16 to Sep Qtr 16	Sep Qtr 15 to Sep Qtr 16
		$m	% change	% change
TREND ESTIMATES(a)
Value of work done
	For the private sector	12 799.2	-9.8	-35.6
	For the public sector(b)	7 356.8	1.5	13.8
	Total engineering construction	20 168.0	-6.0	-23.4
SEASONALLY ADJUSTED ESTIMATES(a)
Value of work done
	For the private sector	12 742.0	-7.6	-36.3
	For the public sector(b)	7 337.7	0.8	14.9
	Total engineering construction	20 079.8	-4.7	-23.9
(a) Reference year for chain volume measures is 2014-15.
(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

SEPTEMBER KEY POINTS


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

TOTAL

• The trend estimate for the value of total engineering construction work done fell 6.0% in the September 2016 quarter.
• The seasonally adjusted estimate for the value of total engineering construction work done fell 4.7% in the September quarter to $20,079.8m.

PRIVATE SECTOR

• The trend estimate for the value of work done for the private sector fell 9.8% in the September quarter.
• The seasonally adjusted estimate for the value of work done for the private sector fell 7.6% in the September quarter to $12,742.0m.

PUBLIC SECTOR

• The trend estimate for the value of work done for the public sector rose 1.5% in the September quarter.
• The seasonally adjusted estimate for the value of work done for the public sector rose 0.8% in the September quarter to $7,337.7m.

VALUE OF WORK COMMENCED, CURRENT PRICES

• The value of work commenced in the September quarter was $17,601.7m in original terms, an increase of 0.4% from the June quarter.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
December 2016	29 March 2017
March 2017	28 June 2017

ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 23 November 2016.


CHANGES THIS ISSUE

A new base year, 2014-2015, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume measures have been re-referenced to 2014-2015, preserving additivity in the quarters after the reference year. Re-referencing affects the levels, but not the movements in, chain volume estimates.


DATA NOTE

This release includes revisions to Engineering Construction data back to June 2016.

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.


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