Building Approvals : Economic brief
Northern Territory. Department of Treasury and Finance. Economic Group
Building Approvals; E-Journals; PublicationNT; Economic Brief
2020-03-01
Made available via the Publications (Legal Deposit) Act 2004 (NT).; This publication contains many links to external sites. These external sites may no longer be active.; Released: 4 May 2020 | Next release: 3 June 2020
English
Economic conditions; Periodicals
Northern Territory Government
Darwin
Economic Brief
Brief, March 2020
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Northern Territory Government
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https://hdl.handle.net/10070/810655
https://hdl.handle.net/10070/810657
Building approvals March 2020 DEPARTMENT OF TREASURY AND FINANCE 5 May 2020 Page 2 of 2 Caution is advised when using monthly data for the Territory, which is often derived from small samples and can be highly volatile. Although all due care has been exercised in the preparation of this material, no responsibility is accepted for any errors or omission. More information: Economic Group | Department of Treasury and Finance P: 08 8999 6801 | E: economics.dtf@nt.gov.au | W: https://nteconomy.nt.gov.au/ Table 1 - Residential building approvals Change Month Year to date Monthly1 Annual2 Year-on-year3 Northern Territory Number Original 43 512 26.5% -40.3% -26.9% houses 36 414 28.6% 38.5% -20.7% other residential (such as units or townhouses) 5 85 25.0% -88.9% -46.2% alterations, additions and conversions 2 13 0.0% 100.0% -35.0% Seasonally adjusted n.a. n.a.n.a. n.a. n.a. Trend 39 521 0.0% -26.4% Value ($M) Original 22 319 -12.0% -39.6% -10.5% Australia Number Original 15 437 173 067 -2.2% 0.3% -13.4% Seasonally adjusted 15 279 172 735 -4.0% 0.2% Trend 15 234 172 406 1.3% 1.0% Value ($M) Original 5 683 65 253 -3.7% 0.7% -9.8% Table 2 - Non-residential building approvals March 2020 Change Month Year to date Monthly1 Annual2 Year-on-year3 Northern Territory Value ($M) Original 19 388 -20.8% 54.0% -17.1% private 10 199 14.7% 54.2% -10.5% public 9 189 -40.9% 53.8% -23.1% Australia Value ($M) Original 3 425 51 992 -20.7% -5.7% 16.9% n.a.: not applicable or not available 1 Compares the latest month w ith the previous month. 2 Compares the latest month w ith the same month last year. 3 Compares the 12 months up to and including the latest month w ith the previous 12-month period. Source: Department of Treasury and Finance, ABS Cat. No. 8731.0 March 2020 mailto:economics.dtf@nt.gov.au