Construction Work Done, Australia, Preliminary, March 2024 (2024)

Value of construction work done, chain volume measures, seasonally adjusted estimates (a)
Mar qtr 24($m)Dec qtr 23to
Mar qtr 24(%)
Mar qtr 23to
Mar qtr 24(%)
Building33,315.1-3.7-2.0
Residential19,581.4-1.2-2.8
Non-residential13,733.7-7.0-0.9
Engineering30,717.4-2.16.2
Total construction64,032.5-2.91.8
  1. Reference year for Chain Volume Measures is 2021-22.
Value of construction work done, chain volume measures, trend estimates (a)
Mar qtr 24($m)Dec qtr 23to
Mar qtr 24(%)
Mar qtr 23to
Mar qtr 24(%)
Building33,744.8-1.4-0.7
Residential19,613.7-2.0-3.4
Non-residential14,130.8-0.43.2
Engineering31,127.00.88.9
Total construction64,898.8-0.33.7
  1. Reference year for Chain Volume Measures is 2021-22.
Value of construction work done, seasonally adjusted chain volume measures
Total building ($m)Engineering construction ($m)
Mar-1632,300.527,789.1
Jun-1633,279.024,994.3
Sep-1632,075.723,948.4
Dec-1633,040.624,080.2
Mar-1732,781.324,921.4
Jun-1732,943.430,067.1
Sep-1733,411.841,007.0
Dec-1734,076.727,545.2
Mar-1834,457.428,386.3
Jun-1835,251.128,060.8
Sep-1834,937.526,295.8
Dec-1835,101.225,391.2
Mar-1934,998.024,483.2
Jun-1933,447.623,941.2
Sep-1934,163.223,941.5
Dec-1933,249.923,761.0
Mar-2033,617.923,753.9
Jun-2032,617.224,918.7
Sep-2032,277.424,075.4
Dec-2032,833.323,604.1
Mar-2133,158.723,916.8
Jun-2133,753.824,934.9
Sep-2133,453.824,384.2
Dec-2133,364.425,257.6
Mar-2233,548.924,857.6
Jun-2232,455.525,249.6
Sep-2233,304.926,681.2
Dec-2233,355.426,984.5
Mar-2334,003.228,910.7
Jun-2334,463.329,656.0
Sep-2334,490.530,287.4
Dec-2334,577.831,387.5
Mar-2433,315.130,717.4

a.Reference year for Chain Volume Measures is 2021-22.

The value of total construction work done fell 2.9% in the March quarter, in seasonally adjusted terms. The decrease was driven by building work, which fell 3.7% in the March quarter and is 2.0% lower than the same time last year. Engineering work fell 2.1% and is 6.2% higher than the same time last year.

The trend estimate for total construction work done fell 0.3% in the March quarter.

Value of building work done, seasonally adjusted chain volume measures
Total residential ($m)Total non-residential ($m)
Mar-1621,972.710,431.6
Jun-1622,443.210,928.4
Sep-1622,163.710,032.1
Dec-1622,871.610,295.1
Mar-1721,908.010,951.7
Jun-1721,933.011,084.9
Sep-1721,958.411,515.3
Dec-1722,018.212,102.8
Mar-1822,575.911,943.1
Jun-1823,307.412,017.6
Sep-1823,138.511,872.8
Dec-1822,928.412,232.5
Mar-1922,213.812,815.0
Jun-1921,390.512,094.0
Sep-1921,105.913,062.3
Dec-1920,286.512,957.3
Mar-2020,134.913,460.1
Jun-2019,399.113,189.6
Sep-2019,485.912,777.4
Dec-2020,353.612,491.1
Mar-2120,811.412,370.6
Jun-2120,939.912,824.7
Sep-2120,747.612,716.3
Dec-2120,415.712,948.5
Mar-2220,620.112,932.6
Jun-2219,456.212,985.5
Sep-2219,751.113,553.8
Dec-2220,176.113,179.3
Mar-2320,141.713,861.5
Jun-2320,432.214,031.1
Sep-2320,661.413,829.2
Dec-2319,814.914,762.9
Mar-2419,581.413,733.7

a.Reference year for Chain Volume Measures is 2021-22.

The value of building work fell 3.7% in the March quarter, in seasonally adjusted terms. The decrease was driven by a fall in non-residential building work, which decreased 7.0% in the March quarter and is 0.9% lower than at the same time last year. Residential building work fell 1.2% in the March quarter, 2.8% lower than at the same time last year.

The trend estimate for total building work done fell 1.4% in the March quarter.

Value of construction work done, seasonally adjustedchain volume measures
State/TerritoryMar qtr 24($m)Dec qtr 23to
Mar qtr 24 (%)
Mar qtr 23to
Mar qtr 24(%)
New South Wales18,997.9-1.71.1
Victoria16,199.0-2.5-5.1
Queensland12,366.7-1.63.0
South Australia3,789.5-5.00.4
Western Australia9,967.8-2.716.4
Tasmania1,038.1-2.03.1
Northern Territory746.5-14.9-1.1
Australian Capital Territory996.4-4.52.7
  1. Reference year for Chain Volume Measures is 2021-22.

Total construction work done fell in in all states and territories.

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  • TABLE 01. Value of Construction Work Done, by Sector, Chain Volume Measures, Australia

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  • TABLE 02. Value of Construction Work Done, by Sector, Current Prices, Australia

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  • TABLE 03. Value of Building Work Done, by Sector, Chain Volume Measures, Australia

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  • TABLE 04. Value of Building Work Done, Chain Volume Measures, States and Territories, Original

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  • TABLE 05. Value of Building Work Done, Chain Volume Measures, States and Territories, Seasonally Adjusted

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  • TABLE 06. Value of Building Work Done, by Sector, Current Prices, Australia

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  • TABLE 07. Value of Building Work Done, by Sector, Current Prices, States and Territories, Original

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  • TABLE 08. Value of Construction Work Done, Chain Volume Measures, States and Territories

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  • TABLE 09. Value of Construction Work Done, Current Prices, States and Territories, Original

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  • TABLE 10. Engineering Construction Work Done, by Type of Construction, Australia, Original

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  • TABLE 11. Engineering Construction Work Done, by Type of Construction, States and Territories, Original

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  • Relative standard errors, building work done - Australia

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  • Relative standard errors, building work done - states and territories

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  • Relative standard errors, total construction work done - states and territories

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  • Relative standard errors, engineering construction work done - Australia

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  • Relative standard errors, engineering construction work done - states and territories

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This publication provides an early indication of trends in building and engineering construction activity. The data are preliminary estimates with a response rate of approximately 80% of surveyed construction entities during the quarter. This is lower than the average response rate and places the data at increased risk of revision when results are updated in Engineering Construction Activity, Australia on 26 June 2024 and in Building Activity, Australia on 17 July 2024.

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 ofPrivate New Capital Expenditure and Expected Expenditure, Australiaprovides 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.

This release includes revisions to both the Building Activity and Engineering Construction Survey. Building Activity data have been revised back to December 2016 and Engineering Construction data have been revised back to December 2020. Afeature articlehas been included in the December 2015Building Activity, Australia publication explaining potential sources of revisions in more detail.

Seasonal adjustment for leap years

The extra leap year day in 2024 is unlikely to impact seasonally adjusted statistics released by the Australian Bureau of Statistics (ABS) for February 2024 and March quarter 2024. This is because the impact of an additional leap year day is analysed as part of the seasonal adjustment process, which includes the impact of trading days. The impact of the extra leap year day will be evident in the original (non-seasonally adjusted) series. For further information please refer to this note.

Enquiries

For enquiries about these and related statistics, contact the Customer Assistance Service viathe ABS websiteContact Us page. TheABS Privacy Policyoutlines how the ABS will handle any personal information that you provide to us.

Previous catalogue number

This release previously used catalogue number8755.0.

Construction Work Done, Australia, Preliminary, March 2024 (2024)
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