Total construction work done in Australia rose 0.4% quarter-on-quarter to A$59,010.6 million in the three months to June 2023, slowing from a revised 3.8% growth in the previous quarter and coming in below market expectations for a 0.8% gain. The quarterly increase was driven by rises in engineering construction (0.7%), non-residential construction (0.6%) and building construction (0.2%). Meanwhile, residential construction was unchanged. On a geographical basis, total construction work rose in Tasmania (7.5%), Australian Capital Territory (5.4%), Northern Territory (5%), South Australia (4.5%), Western Australia (4.2%) and Queensland (1.5%), while it fell in Victoria (-2.5%) and New South Wales (-0.6%). On an annual basis, total construction work done increased 9.3% in the second quarter. source: Australian Bureau of Statistics

Construction Output in Australia averaged 0.80 percent from 1986 until 2023, reaching an all time high of 17.90 percent in the third quarter of 2017 and a record low of -18.90 percent in the third quarter of 2000. This page provides the latest reported value for - Australia Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Construction Work Done QoQ - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Construction Output in Australia is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Construction Work Done QoQ is projected to trend around 0.60 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Australia Construction Work Done QoQ



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-05-31 01:30 AM Q1 1.8% 1.0% 0.9%
2023-08-30 01:30 AM Q2 0.4% 3.8% 0.8% 1.5%
2023-11-29 12:30 AM Q3 0.4% 0.3%


Related Last Previous Unit Reference
Building Permits 12668.00 13790.00 Jul 2023
Housing Index 183.90 175.60 points Dec 2021
Home Loans 15910.00 16376.60 AUD Million Jun 2023
Construction Output 0.40 3.80 percent Jun 2023
Home Ownership Rate 66.00 66.20 percent Dec 2020

Australia Construction Work Done QoQ
In Australia, construction output refers to the quarter-over-quarter change in the value of construction work done, including building and engineering for both the private and public sectors.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 3.80 17.90 -18.90 1986 - 2023 percent Quarterly
SA

News Stream
Australia Q2 Construction Output Misses Forecast
Total construction work done in Australia rose 0.4% quarter-on-quarter to A$59,010.6 million in the three months to June 2023, slowing from a revised 3.8% growth in the previous quarter and coming in below market expectations for a 0.8% gain. The quarterly increase was driven by rises in engineering construction (0.7%), non-residential construction (0.6%) and building construction (0.2%). Meanwhile, residential construction was unchanged. On a geographical basis, total construction work rose in Tasmania (7.5%), Australian Capital Territory (5.4%), Northern Territory (5%), South Australia (4.5%), Western Australia (4.2%) and Queensland (1.5%), while it fell in Victoria (-2.5%) and New South Wales (-0.6%). On an annual basis, total construction work done increased 9.3% in the second quarter.
2023-08-30
Australia Construction Output Grows 1.8% in Q1
Total construction work done in Australia climbed by 1.8% quarter-on-quarter in the three months to March 2023, following an upwardly revised 1.0% growth in the preceding period. The increase was boosted by rises in engineering construction (5.3%) and non-residential construction (0.3%). Conversely, building construction and residential fell by 1.1% and 2%, respectively. On a geographical basis, total construction work grew in New South Wales (3.9%), Queensland (3.5%), and Victoria (2.6%); while declining in Northern Territory (-4.0%), Western Australia (-2.9%), Tasmania (-0.9%), Australian Capital Territory (-0.7%), and South Australia (-0.6%). Through the year to March, construction work done rose 5.1 percent.
2023-05-31
Australia Q4 Construction Output Misses Forecast
Total construction work done in Australia decreased on quarter-on-quarter seasonally-adjusted terms by 0.4% in the three months to December 2022, missing expectations of a 1.5% gain and reversing a 2.2% rise in the preceding period. The decline was driven by sharp falls in non-residential construction (-5.1%) and building construction (-1.6%). By contrast, residential and engineering construction grew by 0.9% and 1%, respectively. On a geographical basis, total construction work dropped in the fourth quarter in South Australia (-8.6%), Australian Capital Territory (-7.9%), Northern Territory (-6.5%), Tasmania (-3.5%), Victoria (-2.5%) and Queensland (-1%); while increasing in Western Australia (5%) and New South Wales (1.3%).
2023-02-22