8752.0 - Building Activity, Australia, Dec 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 11/04/2018   
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DECEMBER KEY FIGURES


VALUE OF WORK DONE, CHAIN VOLUME MEASURES

Dec qtr 17
Sep qtr 17 to Dec qtr 17
Dec qtr 16 to Dec qtr 17
$m
% change
% change

TREND ESTIMATES(a)

Value of work done
28 119.1
0.4
1.8
New residential building
15 818.6
-0.8
-3.0
Alterations and additions to residential building
2 016.8
-2.4
-8.4
Non-residential building
10 269.1
2.6
12.7

SEASONALLY ADJUSTED ESTIMATES(a)

Value of work done
28 036.1
-0.3
0.8
New residential building
15 649.0
-3.1
-5.4
Alterations and additions to residential building
2 024.9
0.7
-9.3
Non-residential building
10 362.2
4.0
14.8

(a) Reference year for chain volume measures is 2015-16

Value of work done, Chain volume measures
Graph: Value of work done, Chain volume measures

Value of work done, Chain volume measures - Trend estimates
Graph: Value of work done, chain volume measures  Trend estimates

BUILDING WORK DONE

  • The trend estimate of the value of total building work done rose 0.4% in the December 2017 quarter.
  • The seasonally adjusted estimate of the value of total building work done fell 0.3% to $28,036.1m in the December quarter, following a rise of 0.9% in the September 2017 quarter.


NEW RESIDENTIAL BUILDING WORK DONE
  • The trend estimate of the value of new residential building work done fell 0.8% in the December quarter. The value of work done on new houses fell 1.5%, while new other residential building was flat.
  • The seasonally adjusted estimate of the value of new residential building work done fell 3.1% to $15,649.0m. Work done on new houses fell 1.6% to $8,201.1m, while new other residential building fell 4.8% to $7,447.9m.


NON-RESIDENTIAL WORK DONE
  • The trend estimate of the value of non-residential building work done rose 2.6% in the December quarter.
  • The seasonally adjusted estimate of the value of non-residential building work done in the quarter rose 4.0%, following a rise of 3.1% in the September 2017 quarter.


DWELLING UNITS COMMENCED

Dec qtr 17
Sep qtr 17 to Dec qtr 17
Dec qtr 16 to Dec qtr 17
no.
% change
% change

TREND ESTIMATES

Total dwelling units commenced
54 035
-
-2.3
New private sector houses
28 855
1.5
2.2
New private sector other residential building
24 019
-1.9
-6.7

SEASONALLY ADJUSTED ESTIMATES

Total dwelling units commenced
52 641
-5.0
-8.3
New private sector houses
28 608
0.6
0.7
New private sector other residential building
22 784
-12.0
-17.3

- nil or rounded to zero (including null cells)

Dwelling units commenced
Graph: Dwelling units commenced

Private dwellings commenced, Trend estimates
Graph: Private dwellings commenced Trend estimates



TOTAL DWELLINGS

  • The trend estimate for the total number of dwelling units commenced was flat in the December 2017 quarter following a fall of 0.2% in the September quarter.
  • The seasonally adjusted estimate for the total number of dwelling units commenced fell 5.0% to 52,641 dwellings in the December quarter following a rise of 1.8% in the September quarter.


NEW PRIVATE SECTOR HOUSES
  • The trend estimate for new private sector house commencements rose 1.5% in the December quarter following a rise of 1.6% in the September quarter.
  • The seasonally adjusted estimate for new private sector house commencements rose 0.6% to 28,608 dwellings in the December quarter following a fall of 0.6% in the September quarter.


NEW PRIVATE SECTOR OTHER RESIDENTIAL BUILDING
  • The trend estimate for new private sector other residential building commencements fell 1.9% in the December quarter following a fall of 2.0% in the September quarter.
  • The seasonally adjusted estimate for new private sector other residential building fell 12.0% to 22,784 dwellings in the December quarter following a rise of 4.6% in the September quarter.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
March 2018 11 July 2018
June 2018 10 October 2018



ABOUT THIS ISSUE

This publication updates the preliminary estimates released in Construction Work Done, Australia (cat. no. 8755.0) on 21 February 2018. The data in this publication are based on a response rate of approximately 90% of the value of building work done during the quarter. The data are subject to revision when returns from the following quarter are processed. Final data for the December quarter 2017 will be released in the next release of this publication, Building Activity, Australia (cat. no. 8752.0) on 11 July 2018.


SIGNIFICANT REVISIONS THIS ISSUE

Compared to the estimate published in Building Activity, Australia September quarter 2017 (cat. no. 8752.0) released on 17 January 2018:
  • the total value of work done in Australia during the September quarter 2017 has been revised upwards by $691.6m or 2.3%.
  • the total value of work commenced in Australia during the September quarter 2017 has been revised upwards by $1,226.3m or 4.0%. This was driven by a 1.8% ($352.9m) revision to total residential commencements and a 7.8% ($873.4m) revision to non-residential commencements.
  • the number of dwelling unit commencements in the September quarter 2017 has been revised upwards by 894 dwellings or 1.6%.


DATA NOTE

Several time series spreadsheets contain 'np' (not available for publication) annotations from the September quarter 2012 onwards. This is due to confidential data being contained in these series.

For the March Building Activity release each year, the ABS publishes revisions that have been made to Building Activity data prior to the December quarter. A feature article has been included in the December 2015 Building Activity, Australia (cat no. 8752.0) publication explaining potential sources of revisions in more detail.


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