5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2004  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 01/09/2004   
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Trend
Seasonally adjusted
Quarterly % change Mar 04 to Jun 04
Annual % change Jun 03 to Jun 04
% points contribution to growth in DFD Mar 04 to Jun 04
Quarterly % change Mar 04 to Jun 04
Annual % change Jun 03 to Jun 04
% points contribution to growth in DFD Mar 04 to Jun 04
New South Wales
1.1
4.5
0.4
1.2
4.7
0.4
Victoria
1.1
5.1
0.3
0.2
4.8
-
Queensland
1.6
9.5
0.3
3.1
10.8
0.6
South Australia
1.4
4.9
0.1
2.2
5.4
0.2
Western Australia
1.0
6.1
0.1
2.9
7.1
0.3
Tasmania
0.6
8.9
-
-0.4
6.5
-
Northern Territory
0.6
5.6
-
2.7
6.2
-
Australian Capital Territory
0.9
2.7
-
1.8
2.9
0.1
Australia (DFD)
1.2
5.9
1.2
1.6
6.2
1.7
- nil or rounded to zero (including null cells)



JUNE QUARTER

Summary Comments

State Final Demand

  • In trend terms growth in the June quarter was strongest in Queensland (up 1.6%) and South Australia (up 1.4%) and weakest in Tasmania and the Northern Territory (both up 0.6%). In seasonally adjusted terms, Queensland (up 3.0%) and Western Australia (up 2.9%) showed the strongest growth. The major contributors to growth in both states were private gross fixed capital formation and public gross fixed capital formation respectively. Seasonally adjusted growth was weakest in Tasmania (down 0.4%) due mainly to a decline in private gross fixed capital formation.

Household final consumption expenditure
  • Trend growth in the June quarter ranged from 0.8% in NSW to 2.0% in Queensland. Growth in seasonally adjusted terms was recorded in all states with the strongest growth in the Northern Territory (up 4.3%), Queensland (up 2.0%) and Western Australia (up 1.5%).

Government final consumption expenditure
  • In trend terms, all states experienced growth in government final consumption expenditure. Seasonally adjusted growth was strongest in the Northern Territory, Western Australia and the ACT up 6.8%, 4.9% and 3.6% respectively.

Private gross fixed capital formation
  • The pattern of growth in trend terms varied across the states. Tasmania showed the strongest growth at 3.3% in the June quarter followed by NSW at 1.7%. The Northern Territory, Western Australia and the ACT had negative trend movements. Seasonally adjusted growth was strongest in the ACT (up 7.7%) followed by Queensland (up 6.4%). Tasmania had the largest fall (down 5.0%) and the Northern Territory fell 4.6%.

Public gross fixed capital formation
  • In trend terms, all states experienced growth in the June quarter except Tasmania. In seasonally adjusted terms, the strongest growth occurred in Western Australia (up 35.8%) while the ACT decreased 22.2%.