Fed: Building work jumps in December qtr - ABS

AAP General News (Australia)
04-19-2004
Fed: Building work jumps in December qtr - ABS

CANBERRA, April 19 AAP - Building activity jumped almost six per cent in the December
quarter to the second highest level on record, new figures showed today.

The Australian Bureau of Statistics (ABS) said building work done rose 5.9 per cent,
allowing for seasonal factors, to $12.08 billion, a level exceeded only by the June quarter
2000.

New residential building work rose 6.1 per cent to $6.89 billion, driven by work on
new houses, which rose 6.8 per cent to a three-and-a-half year high.

Alterations and additions rose 3.9 per cent to a record $1.3 billion.

Non-residential building rose 6.3 per cent to $3.89 billion, the highest level since June 1999.

AAP kmh/jg/sco

KEYWORD: BUILDING

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