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SYDNEY, Nov 23 AAP

November 23 2012, 5:41PM

A preview of next week's Australian economic data, November 26 to November 30:

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AUSTRALIAN BUREAU OF STATISTICS (ABS) CONSTRUCTION WORK DONE

Due: Wednesday

Period: September quarter

Market forecast: A rise of 2.0 per cent is expected for the September quarter.

Last result: Total construction work done in Australia fell 0.2 per cent in the June quarter.

Construction work in chain volume terms, seasonally adjusted, was valued at $48.834 billion in the June quarter, compared with $48.932 billion in the March quarter.

The median market forecast was for total construction work done to have risen 1.9 per cent in the June quarter.

The Australian Bureau of Statistics (ABS) said total building work done in the June quarter was $18.518 billion, seasonally adjusted, from $18.876 billion in the March quarter.

Engineering work done was $30.315 billion in the June quarter, from $30.056 billion in March.

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ABS PRIVATE NEW CAPITAL EXPENDITURE AND EXPECTED EXPENDITURE

Due: Thursday

Period: September quarter

Market forecast: A rise of 2.0 per cent is expected for the period.

Last result: New private capital expenditure rose 3.4 per cent in real terms, seasonally adjusted, in the June quarter.

The seventh and final estimate of expenditure for 2011/12 is $155.025 billion, not adjusted for inflation, which is 29.9 per cent higher than the seventh estimate for 2010/11.

The third estimate of planned expenditure for 2012/13 is $181.533 billion, which is 20.8 per cent higher than the third estimate for 2011/12.

Estimates are gathered in a series of seven quarterly surveys, the first in January and February before the start of the financial year in July, and the seventh immediately after the financial year ends.

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HOUSING INDUSTRY ASSOCIATION (HIA) NEW HOME SALES

Due: Thursday

Period: October

Market forecast: No forecast.

Last result: Home sales dropped for a third consecutive month in September to their lowest level in at least 18 years.

The Housing Industry Association new home sales report for September showed a drop of 3.7 per cent in the month, after a decline of 5.3 per cent in August.

Detached home sales were down at their lowest point in 18 years, falling 3.5 per cent in September, while multi-unit sales fell 4.2 per cent.

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THE RESERVE BANK OF AUSTRALIA (RBA) ISSUES FINANCIAL AGGREGATES

Due: Friday

Period: October

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