5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2009 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2009   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Mar 09 to Jun 09
% change Jun 08 to Jun 09
% points contribution to growth in GDP Mar 09 to Jun 09
% change Mar 09 to Jun 09
% change Jun 08 to Jun 09
% points contribution to growth in GDP Mar 09 to Jun 09

Final consumption expenditure
General government
0.4
2.3
0.1
0.8
2.6
0.1
Households
0.6
1.4
0.3
0.8
1.7
0.5
Gross fixed capital formation
Private
Dwellings
-4.4
-9.8
-0.3
-5.5
-10.9
-0.3
Business investment
-1.8
-1.9
-0.3
1.9
-0.9
0.3
Ownership transfer costs
6.8
0.6
0.1
10.6
2.1
0.1
Public
-1.7
-0.6
-0.1
0.8
2.5
-
Changes in inventories
Private non-farm
. .
. .
-0.4
. .
. .
-0.4
Farm and public authority
. .
. .
0.3
. .
. .
0.6
Gross national expenditure
-0.3
-1.3
-0.3
1.0
-0.4
1.0
Exports of goods and services
1.0
1.0
0.2
1.0
-0.2
0.2
Imports of goods and services
-4.2
-15.1
0.9
2.1
-13.1
-0.5
Statistical discrepancy (E)
. .
. .
0.3
. .
. .
-0.1
Gross domestic product
0.3
0.3
0.3
0.6
0.6
0.6

. . not applicable
- nil or rounded to zero (including null cells)



JUNE QUARTER

Summary Comments

Final Consumption Expenditure
  • Government final consumption expenditure and Household final consumption expenditure both increased 0.8% in seasonally adjusted terms. The main contributors to growth in Household final consumption were Food (up 1.1%) and Furnishings and household equipment (up 1.9%). The sole negative contributor was Electricity, gas and other fuel (down 0.7%).

Gross fixed capital formation
  • Gross fixed capital formation increased 0.8% in seasonally adjusted terms. Private business investment increased 1.9%, largely reflecting an increase in Machinery and equipment investment (up 5.6%), and a decrease in Non-dwelling construction investment (down 1.6%). Dwelling investment showed a decrease of 5.5% this quarter due to a decrease in both New and used dwellings (down 2.9%) and Alterations and additions (down 8.3%).

Changes in inventories
  • Total inventories fell by $2,634m in seasonally adjusted terms compared with a fall of $3,104m last quarter. The change in inventories has contributed 0.2 percentage points to GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services rose 1.0% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 0.6%, with Rural and Non-rural exports rising 1.2% and 4.0% respectively, offset by a fall in Other exports of 27.9%.
  • Imports of goods and services rose 2.1% in seasonally adjusted terms. Seasonally adjusted Imports of services rose 9.6%, while Imports of goods rose 0.2% . The rise in Imports of services was driven by rises in Travel services (up 15.7%) and Other services (up 12.3%).