June key figures
Jun Qtr 19 | Mar Qtr 19 to Jun Qtr 19 | Jun Qtr 18 to Jun Qtr 19 | ||
---|---|---|---|---|
Value of work done | $m | % change | % change | |
TREND ESTIMATES(a) | ||||
For the private sector | 12 308.8 | -2.3 | -12.3 | |
For the public sector(b) | 7 926.0 | -3.4 | -18.4 | |
Total engineering construction | 20 202.8 | -2.9 | -14.9 | |
SEASONALLY ADJUSTED ESTIMATES(a) | ||||
For the private sector | 12 307.4 | -1.1 | -13.9 | |
For the public sector(b) | 8 053.8 | -0.6 | -17.7 | |
Total engineering construction | 20 361.2 | -0.9 | -15.4 |
a. Reference year for chain volume measures is 2016-17.
b. Includes work done by the private sector for the public sector and work done by the public sector.
June key points
Value of work done, chain volume measures
Total
- The trend estimate for the value of total engineering construction work done fell 2.9% in the June 2019 quarter.
- The seasonally adjusted estimate for the value of total engineering construction work done fell 0.9% in the June quarter to $20,361.2m.
Private sector
- The trend estimate for the value of work done for the private sector fell 2.3% in the June quarter.
- The seasonally adjusted estimate for the value of work done for the private sector fell 1.1% in the June quarter to $12,307.4m.
Public sector
- The trend estimate for the value of work done for the public sector fell 3.4% in the June quarter.
- The seasonally adjusted estimate for the value of work done for the public sector fell 0.6% in the June quarter to $8,053.8m.
Value of work commenced, current prices
- The value of work commenced in the June quarter was $22,001.2m in original terms, a decrease of 10.8% from the March quarter.
About this issue
This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 28 August 2019.
Data note
This release includes revisions to Engineering Construction data back to March 2019.
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 on the Methodology page.
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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