Total construction work done in Australia unexpectedly dropped by 0.9% on a quarter-on-quarter seasonally-adjusted terms in the three months to March 2022, missing expectations of a 1% gain and following a revised 0.6% rise in the fourth quarter 2021. The fall was dragged down by a decline in building work done in the March quarter (-1.3%), residential (-0.9%), non-residential (-1.8%), and engineering work (-0.4%). On a geographical basis, total construction work done dropped in New South Wales, Queensland, South Australia, Northern Territory, and Australian Capital Territory (-14.4%), while increased in Victoria, Western Australia, and Tasmania. Through the year to the first quarter, construction output grew by 1.4 percent. source: Australian Bureau of Statistics

Construction Output in Australia averaged 0.76 percent from 1986 until 2022, 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 Output - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Construction Output in Australia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Construction Output is projected to trend around 0.70 percent in 2023, according to our econometric models.

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Australia Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-02-23 12:30 AM Q4 -0.4% -0.3% 2.5% 2.3%
2022-05-25 01:30 AM Q1 -0.9% 0.6% 1% -1%
2022-08-31 01:30 AM Q2 -0.9%


Related Last Previous Unit Reference
Building Permits -18.50 42.00 percent Mar 2022
Housing Index 183.90 175.60 points Dec 2021
Home Loans 21570.00 21532.80 AUD Million Mar 2022
Construction Output -0.90 0.60 percent Mar 2022
Home Ownership Rate 66.20 67.50 percent Dec 2018

Australia Construction Output
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
-0.90 0.60 17.90 -18.90 1986 - 2022 percent Quarterly
SA

News Stream
Australia Q1 Construction Output Unexpectedly Falls
Total construction work done in Australia unexpectedly dropped by 0.9% on a quarter-on-quarter seasonally-adjusted terms in the three months to March 2022, missing expectations of a 1% gain and following a revised 0.6% rise in the fourth quarter 2021. The fall was dragged down by a decline in building work done in the March quarter (-1.3%), residential (-0.9%), non-residential (-1.8%), and engineering work (-0.4%). On a geographical basis, total construction work done dropped in New South Wales, Queensland, South Australia, Northern Territory, and Australian Capital Territory (-14.4%), while increased in Victoria, Western Australia, and Tasmania. Through the year to the first quarter, construction output grew by 1.4 percent.
2022-05-25
Australia Q4 Construction Output Misses Expectations
Total construction work done in Australia fell by 0.4% on a quarter-on-quarter seasonally-adjusted terms in the three months to December 2021, missing expectations for a 2.5% gain and following a 0.3% decline in the third quarter. The fall was driven by a 1.3% decrease in building work done in the December quarter, which in turn resulted from a 2.9% drop in residential construction. Meanwhile, non-residential construction rose 1.3% and engineering work done increased 0.7%. On a geographical basis, total construction work done fell in Victoria, Queensland, Western Australia, Tasmania and the Northern Territory, while all other states and territories rose.
2022-02-23
Australia Q3 Construction Output Falls Less than Expected
Total construction work done in Australia fell by 0.3% on a quarter-on-quarter seasonally-adjusted terms in the three months to September 2021, compared with consensus forecast of a 3.1% drop and following a 0.8% rise in the second quarter. The fall was driven by a 0.9% decrease in building work done in the September quarter, which in turn was driven by a 2.2% drop in non-residential building work done in the same quarter. Meanwhile, new residential building work done remained flat (0.0%) in the third quarter. Total construction work done fell in New South Wales, Western Australia and the Australian Capital Territory, while all other states and territories rose.
2021-11-24