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.

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Australia Construction Output


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
-0.30 0.80 17.90 -18.90 1986 - 2021 percent Quarterly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-08-25 01:30 AM Q2 0.8% 2.4% 2.5% 2.5%
2021-11-24 12:30 AM Q3 -0.3% 0.8% -3.1% -3.4%
2022-02-23 12:30 AM Q4 -0.3%


Related Last Previous Unit Reference
Building Permits 3.60 -13.60 percent Nov/21
Housing Index 175.60 167.20 points Sep/21
Home Loans 21340.00 19836.70 AUD Million Nov/21
Construction Output -0.30 0.80 percent Sep/21
Home Ownership Rate 66.20 67.50 percent Dec/18


News Stream
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
Australia Q2 Construction Output Rises Less than Expected
Total construction work done in Australia rose by 0.8 percent quarter-on-quarter in the three months to June 2021, slowing from a 2.4 percent gain in the previous period and missing market consensus of a 2.5 percent increase. Growth was mainly driven by engineering construction (1.8 percent), non-residential (0.3 percent), and building work (0.1 percent). On the flip side, residential work done fell by 0.1 percent. Through the year to the second quarter, construction output gained 0.4 percent.
2021-08-25
Australia Q1 Construction Output Picks Up
Total construction work done in Australia rose by 2.4 percent quarter-on-quarter in the three months to March 2021, after an upwardly revised 0.4 percent gain in the previous period and beating market consensus of a 2.2 percent growth. The pickup was supported by rises in both residential (5.1 percent) and engineering work (2.2 percent). On the other hand, non-residential activity fell 1.6 percent. Through the year to the first quarter, construction output dropped by 1.8 percent.
2021-05-26