Some New Data On Incomes

We look at the latest data from the ABS.

The median weekly earnings of employees rose by 2.3 per cent from August 2018 to August 2019, according to figures released today by the Australian Bureau of Statistics (ABS).

This increase, based on data collected with the Labour Force Survey, is consistent with increases observed in the Wage Price Index and Average Weekly Earnings.

Over the year to August 2019, the median weekly earnings of female employees rose by 4.3 per cent, while male employee earnings rose 1.3 per cent.

Head of Labour Statistics at the ABS, Bjorn Jarvis, said: “Median weekly earnings for male employees rose by less than that of female employees, partly because of the growing number of males working part-time hours, and the industries and occupations that men and women are working in.”

The figures also show gradual changes in working arrangements over time. There was an increase in the proportion of employed people with access to flexible working hours (34 per cent in August 2019, up from 32 per cent in August 2015) and who regularly worked at home (32 per cent, up from 30 per cent).

There was a decrease in the proportion of employed people who usually worked overtime (34 per cent in August 2019, down from 36 per cent in August 2015), or were on call or standby (22 per cent, down from 24 per cent).

The Characteristics of Employment Survey is run each August, in conjunction with the monthly Labour Force Survey. It collects information on earnings, working arrangements and forms of employment (including independent contracting), as well as trade union membership and labour hire every second year.

Dwelling Approvals Fall Again In October

Data from the ABS today shows that the number of dwellings approved fell 0.8 per cent in October 2019, in trend terms, and has fallen for 23 months. Private dwellings excluding houses also fell, by 0.5 per cent.

The seasonally adjusted estimate for total dwellings approved fell 8.1 per cent in October, driven by a 11.3 per cent decrease in private dwellings excluding houses. Private sector houses fell 7.0 per cent.

The value of total building approved fell 0.7 per cent in October, in trend terms, and has fallen for two months. The value of residential building fell 1.2 per cent, while non-residential building fell 0.2 per cent.

Number of total dwelling units

Graph: Number of total dwelling units

The trend estimate for Australia fell 0.8% in October.

Number of private sector houses

Graph: Number of private sector houses

The trend estimate for private sector houses approved fell 0.9% in October.

Number of private sector dwellings excluding houses

Graph: Number of private sector dwellings excluding houses

The trend estimate for private sector dwelling units excluding houses fell 0.5% in October.

Value of new residential building

Graph: Value of new residential building

The trend estimate for the value of new residential building approved fell 1.3% in October and has fallen for eight months.


Value of alterations and additions to residential building

Graph: Value of alterations and additions

The trend estimate for the value of alterations and additions to residential building fell 0.1% in October and has fallen for seven months.


Value of non-residential building

Graph: Value of non-residential building

The trend estimate for the value of non-residential building approved fell 0.2% in October after rising for 14 months.

Across the states and territories, dwelling approvals fell in the Northern Territory (11.1 per cent), New South Wales (4.6 per cent), Queensland (1.4 per cent), and Western Australia (1.0 per cent). Tasmania (4.5 per cent), South Australia (3.1 per cent), Australian Capital Territory (3.1 per cent), and Victoria (1.3 per cent) recorded increases, in trend terms.

Approvals for private sector houses fell in New South Wales (2.3 per cent), Victoria (1.7 per cent), Western Australia (0.2 per cent), and Queensland (0.1 per cent). South Australia rose 2.0 per cent, in trend terms.

New South Wales

Graph: Dwelling units approved - NSW

The trend estimate for total number of dwelling units approved in New South Wales fell 4.6% in October. The trend estimate for the number of private sector houses fell 2.3% in October.

Victoria

Graph: Dwelling units approved - Vic.

The trend estimate for total number of dwelling units approved in Victoria rose 1.3% in October. The trend estimate for the number of private sector houses fell 1.7% in October.

Queensland

Graph: Dwelling units approved - Qld

The trend estimate for total number of dwelling units approved in Queensland fell 1.4% in October. The trend estimate for the number of private sector houses fell 0.1% in October.

South Australia

Graph: Dwelling units approved - SA

The trend estimate for total number of dwelling units approved in South Australia rose 3.1% in October. The trend estimate for the number of private sector houses rose 2.0% in October.

Western Australia

Graph: Dwelling units approved - WA

The trend estimate for total number of dwelling units approved in Western Australia fell 1.0% in October. The trend estimate for the number of private sector houses fell 0.2% in October.


Construction Work Done Falls Again In September

The ABS released their preliminary data today. Tasmania apart, construction chain measures continue to fall. Trend estimate for residential building work done fell 3.0% this quarter and has fallen for four quarters.

  • The trend estimate for total construction work done fell 1.6% in the September quarter 2019.
  • The seasonally adjusted estimate for total construction work done fell 0.4% to $50,849.7m in the September quarter.
  • The trend estimate for total building work done fell 1.8% in the September quarter 2019.
  • The trend estimate for non-residential building work done rose 0.2% and residential building work fell 3.0%.
  • The seasonally adjusted estimate of total building work done fell 0.5% to $29,703.6m in the September quarter.
  • The trend estimate for engineering work done fell 1.1% in the September quarter.
  • The seasonally adjusted estimate for engineering work done fell 0.2% to $21,146.2m in the September quarter.

Trend percentage change: Total construction

Graph: Total Construction

The trend estimate for total construction work done fell 1.6% this quarter and has fallen for five quarters.

Trend percentage change: Engineering

Graph: Engineering

The trend estimate for engineering construction work done fell 1.1% this quarter and has fallen for six quarters.

Trend percentage change: Building

Graph: Building

The trend estimate for total building work done fell 1.8% this quarter and has fallen for four quarters.

Trend percentage change: Residential

Graph: Residential

The trend estimate for residential building work done fell 3.0% this quarter and has fallen for four quarters.

Trend percentage change: Non-residential

Graph: Non - Residential

The trend estimate for non-residential building work done rose 0.2% this quarter and has risen for five quarters.

Chain volume measures – Trend estimates

New South Wales
Victoria


Graph: New South Wales and Victoria

Construction work done in New South Wales has fallen for four quarters.

Construction work done in Victoria has fallen for four quarters.


Queensland
Western Australia


Graph: Queensland and Western Australia

Construction work done in Queensland has fallen for six quarters.

Construction work done in Western Australia has fallen for eight quarters.


South Australia
Northern Territory


Graph: South Australia and Northern Territory

Construction work done in South Australia has fallen for five quarters.

Construction work done in the Northern Territory has fallen for eight quarters.


Tasmania
Australia Capital Territory


Graph: Tasmania and Australian Capital Territory

Construction work done in Tasmania has risen for seven quarters.

Construction work done in the Australian Capital Territory has fallen for four quarters.

Income Growth Still Weak

The ABS released the latest wages index data today to September 2019.

The trend and seasonally adjusted indexes for Australia both rose 2.2% through the year to the September quarter 2019. The public sector did better than the private sector.

The original data by state shows TAS and VIC doing better than average, while WA and NT are below average.

In original terms, rises through the year to September quarter 2019 at the industry level ranged from 1.7% for Information, media and telecommunications services to 3.2% for Health care and social assistance.