Total construction work done in Australia declined by 2.6 percent quarter-on-quarter in the three months to September 2020, after an upwardly revised 0.5 percent gain in the previous period and compared with market consensus of a 2 percent. Output dropped for all categories: non-residential (-3.4 percent), engineering (-3.3 percent), building (-2 percent), and residential (-1 percent). Through the year to the third quarter, construction output fell by 4.2 percent. source: Australian Bureau of Statistics

Construction Output in Australia averaged 0.77 percent from 1986 until 2020, reaching an all time high of 18 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 November of 2020.

Construction Output in Australia is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Australia to stand at 0.40 in 12 months time. In the long-term, the Australia Construction Output is projected to trend around 0.50 percent in 2021 and 0.70 percent in 2022, according to our econometric models.

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Australia Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 0.50 18.00 -18.90 1986 - 2020 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-26 12:30 AM Q4 -3% 0.4% -1% -0.6%
2020-05-27 01:30 AM Q1 -1.0% -2.9% -1.5% -2%
2020-08-26 01:30 AM Q2 -0.7% 0.7% -5.8% -5.5%
2020-11-25 12:30 AM Q3 -2.6% 0.5% -2% -1.7%
2021-02-24 12:30 AM Q4 -2.6%
2021-05-26 01:30 AM Q1
2021-08-25 01:30 AM Q2
2021-11-25 12:30 AM Q3


News Stream
Australia Construction Output Drops More than Estimated
Total construction work done in Australia declined by 2.6 percent quarter-on-quarter in the three months to September 2020, after an upwardly revised 0.5 percent gain in the previous period and compared with market consensus of a 2 percent. Output dropped for all categories: non-residential (-3.4 percent), engineering (-3.3 percent), building (-2 percent), and residential (-1 percent). Through the year to the third quarter, construction output fell by 4.2 percent.
2020-11-25
Australia Construction Output Falls Less than Estimated
Total construction work done in Australia declined by 0.7 percent quarter-on-quarter in the three months to June 2020, following an upwardly revised 0.7 percent rise in the previous period and compared with market consensus of a 5.8 percent decrease. Activities dropped for most categories: residential (-5.5 percent), building (-3.9 percent), and non-residential (-1.5 percent). Meantime, engineering work done rose by 3.8 percent. Through the year to the second quarter, construction output fell by 2.2 percent.
2020-08-26
Construction in Australia Falls Less than Expected
Total construction work done in Australia declined by 1.0 percent quarter-on-quarter in the three months to March 2020, following a downwardly revised 2.9 percent fall in the previous period and compared with market consensus of a 1.5 percent drop. Activities dropped for most categories: residential (-1.6 percent), engineering (-1.1 percent), and building (-1.0 percent). Meanwhile, the work done for non-residential was flat. Through the year to the first quarter, construction output tumbled 6.5 percent.
2020-05-27
Australia Construction Output Falls More than Expected
Total construction work done in Australia declined by 3.0 percent quarter-on-quarter in the three months to December 2019, following an upwardly revised 0.4 percent rise in the previous period and compared with market consensus of a 1 percent fall. Activities dropped for all categories: residential (-4.6 percent), building (-4.1 percent), non-residential (-3.4 percent), and engineering (-1.5 percent). Through the year to the fourth quarter, construction output tumbled 7.4 percent.
2020-02-26

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.