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Data released by the ABS on Friday revealed building activity fell in the December quarter by $16 billion, or 4.3 per cent, seasonally adjusted.
document.addEventListener('DOMContentLoaded', (event) => { window.dataLayer = window.dataLayer || []; dataLayer.push({ 'event': 'articleTags', 'article_tags': ['Breaking News'] }); });The largest falls were recorded in the Northern Territory (-9.2 per cent), New South Wales (-6.8 per cent) and Western Australia (-5.6 per cent).
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According to the Bureau, non-residential building activity suffered the greatest over the quarter, decreasing by seven per cent nationally to $6.5 billion, seasonally adjusted.
New residential building decreased by three per cent seasonally adjusted, while alterations and additions rose by 0.6 per cent.
Published: 21-04-08
