Mar 23 ($m) | Dec 22 to Mar 23 (%) | Mar 22 to Mar 23 (%) | ||
---|---|---|---|---|
Seasonally adjusted estimates(a) | ||||
Building | 30,620.7 | -1.1 | -2.2 | |
Residential | 18,071.0 | -2.0 | -5.1 | |
Non-residential | 12,549.8 | 0.3 | 2.2 | |
Engineering | 27,065.8 | 5.3 | 14.9 | |
Total construction | 57,686.5 | 1.8 | 5.1 | |
Trend estimates(a) | ||||
Building | 30,860.7 | 0.2 | -0.1 | |
Residential | 18,268.2 | 0.3 | -1.8 | |
Non-residential | 12,588.9 | 0.0 | 2.6 | |
Engineering | 26,828.0 | 3.6 | 13.2 | |
Total construction | 57,753.4 | 1.9 | 5.8 |
a. Reference year for Chain Volume Measures is 2020-21.
a. Reference year for Chain Volume Measures is 2020-21.
The value of total construction work done rose 1.8% in the March quarter, in seasonally adjusted terms. The increase was driven by engineering work, which rose 5.3% in the March quarter and is 14.9% higher than the same time last year. Building work done fell 1.1% and is 2.2% lower than the same time last year.
The trend estimate for total construction work done rose 1.9% in the March quarter.
a. Reference year for Chain Volume Measures is 2020-21.
The value of building work done fell 1.1% in the March quarter, in seasonally adjusted terms. The decrease was driven by a fall in residential building work, which decreased 2.0% in the March quarter and is 5.1% lower than at the same time last year. Non-residential building work done is 0.3% higher in the March quarter, 2.2% higher than at the same time last year.
The trend estimate for total building work done rose 0.2% in the March quarter.
Mar 23 ($m) | Dec 22 to Mar 23 (%) | Mar 22 to Mar 23 (%) | |
---|---|---|---|
State/Territory | |||
New South Wales | 17,498.9 | 3.9 | 9.2 |
Victoria | 15,799.4 | 2.6 | 3.2 |
Queensland | 10,775.4 | 3.5 | 6.5 |
South Australia | 3,528.4 | -0.6 | -1.4 |
Western Australia | 7,494.8 | -2.9 | 4.6 |
Tasmania | 875.6 | -0.9 | -5.7 |
Northern Territory | 727.4 | -4.0 | 5.0 |
Australian Capital Territory | 886.6 | -0.7 | -4.0 |
a. Reference year for Chain Volume Measures is 2020-21.
Total construction work done rose in New South Wales, Victoria and Queensland with declines recorded across all other states and territories.