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. source: Australian Bureau of Statistics
Construction Output in Australia averaged 0.78 percent from 1986 until 2021, 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 January of 2022.
Construction Output in Australia is expected to be 1.50 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 2022, according to our econometric models.