8782.0.65.001 - Construction Activity Chain Volume Measures - Australia, Quarterly, Jun 2005  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/10/2005   
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  • Time Series Spreadsheets (I-Note)

BUILDING ACTIVITY, AUSTRALIA, JUNE QTR 2005 (cat. no. 8752.0)


CHANGES IN THIS ISSUE

A new base year, 2003-04, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2003-04, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.


Time series spreadsheets have been released in Excel format for the first time with this issue. A concordance between the old Lotus 1,2,3 spreadsheets and the new Excel spreadsheets is available in 'Information Paper: Changes to Ausstats Tables for Building Activity, Australia and Construction Activity, Chain Volume Measures, Australia' (cat. no. 8752.0.55.001).

SIGNIFICANT REVISIONS THIS ISSUE

Compared with the estimates in current price original terms published in the previous issue of this publication:

  • the total value of building work commenced during the March quarter 2005 has been revised upwards by $166.5m (+1.3%). This was mainly the result of an upwards revision of $79.9m (+4.4%) to non-residential building work commenced in New South Wales.


ENGINEERING CONSTRUCTION ACTIVITY, AUSTRALIA, JUNE QTR 2005 (cat. no. 8762.0)

CHANGES IN THIS ISSUE

A new base year, 2003-04, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2003-04, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in chain volume estimates.


Time series spreadsheets have been released in Excel format for the first time with this issue. A concordance between the old Lotus 1,2,3 spreadsheets and the new Excel spreadsheets is available in 'Information Paper: Changes to Ausstats Tables for Engineering Construction Activity, Australia' (cat. no. 8762.0.55.001).

SIGNIFICANT REVISIONS THIS QUARTER

Compared with the current price original terms estimates published in the previous issue of this publication:

  • The December quarter 2004 estimates have been revised upwards $3,116.4m for work commenced, $173.6m for work done and $2,933.7m for work yet to be done. This was predominantly due to revisions in 'heavy industry' in Northern Territory, 'heavy industry' and 'electricity generation, transmission etc. and pipelines' in Victoria.
  • The March quarter 2005 estimates have been revised downwards by $1,946.1m for work commenced, upwards $142.6m for work done and upwards $994.0m for work yet to be done. This was mainly due to revisions in 'heavy industry' in Western Australia.