VALUE OF WORK BUILDING DONE
- The seasonally adjusted value of all building work done in the March quarter 2009 was estimated to be around $2.5 billion, almost 6% lower than in the previous quarter ($2.7 billion). This brought the value of work done back down to a level closer to that seen in the March quarter 2008.
2 March key figures |
|
 | | Mar 09 | Dec qtr 08 to Mar qtr 09 | Mar qtr 08 to Mar qtr 09 |
| Seasonally adjusted(a) | $m | % change | % change |
|
| Value of work done | | | |
| New residential building | 1 406.6 | -6.5 | -3.1 |
| Alterations and additions to residential building | 143.2 | -6.4 | -8.1 |
| Non-residential building | 975.2 | -4.3 | 9.1 |
| Total value of work done | 2 525.0 | -5.7 | 1.0 |
|
| (a) Chain volume measures, reference year 2006-07 |
| Source: Building Activity, Australia, cat. no. 8752.0. |
- The value of work done in the March quarter 2009 fell, in seasonally adjusted terms, for both new residential building (down 6.5%) and non-residential building (down 4.3%). This followed the highest value ever recorded for non-residential building in the previous quarter (over $1 billion).
- Overall, the value of building work done has climbed steadily in recent years notwithstanding occasional small quarterly falls, primarily in residential building.
To view Excel spreadsheet:
Building Activity
Print Page
Print All