Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
5519.0.55.001 - Government Finance Statistics, Australia, Quarterly, Electronic Delivery, Jun 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/08/2004   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

ABOUT THIS ELECTRONIC RELEASE

This electronic release presents quarterly government finance statistics (GFS) on an accrual accounting basis.

All tables are presented in GFS Operating Statement format and, with the exception of Table 2, present data for the general government sector.

In this issue, data for the operating statement for the Commonwealth general government (GG) for the June quarter 2004 (Table 3) are not shown because it would be in advance of the release of the Final Budget Outcome Statement for 2003-04. However, Commonwealth GG data for June quarter 2004 are included in the All levels of government table (Table 1).

Tables 1, 2 and 4 provide quarterly GFS to June quarter 2004. The remaining tables show Commonwealth GFS, and for each state and territory, total state and local quarterly GFS to March quarter 2004. The September quarter 2004 release will contain the June quarter data for the individual state and local tables, and for the Commonwealth.

The September quarter 2004 issue is expected to be released on 30 November 2004 and the December quarter 2004 issue on 1 March 2005, one day before the release of the September quarter and December quarter 2004 National Accounts publications respectively. Users should check the ABS Release Advice closer to the date for confirmation of the release date.

The contact officer for this release is Fleming Gilfelt on Canberra (02) 6252 7501.


JUNE QUARTER 2004 KEY FIGURES: ALL LEVELS OF GOVERNMENT

June quarter 2003 to June quarter 2004 movements -

  • In original terms, taxation revenue (GFS basis - see Explanatory Notes, paragraph 40) rose $4,057m to $70,169m, an increase of 6.1 per cent.
March quarter 2004 to June quarter 2004 movements -
  • In original terms, taxation revenue rose $6,519m to $70,169m, due mainly to increases in taxes on individuals and enterprises.
  • The general government GFS Net operating balance, in original terms, fell $4,456m to $2,898m.
  • In original terms, general government GFS Net lending/borrowing moved to a net borrowing position with a decrease of $6,580m to -$104m.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT

2002-03
(a)


$m
2003-04
(a)


$m
Jun qtr 2003



$m
Mar qtr 2004



$m
Jun qtr 2004



$m
change Jun qtr 2003 to Jun qtr 2004
%

Taxation revenue
General government
237,477
256,411
66,112
63,650
70,169
6.1
Total revenue
Government government
286,586
310,084
78,887
76,923
83,474
5.8
Public non financial corporations
59,653
61,456
15,358
14,738
15,733
2.4
Total expenses
General government
275,120
292,878
70,956
69,569
80,576
13.6
Public non financial corporations
57,815
56,469
14,558
14,542
13,564
-6.8
GFS Net operating balance
General government
11,467
17,206
7,931
7,354
2,898
..
Public non financial corporations
1,839
4,988
799
197
2,169
..
GFS Net lending(+)/borrowing(-)
General government
8,425
11,568
6,960
6,476
-104
..
Public non financial corporations
-687
1,818
-532
-236
502
..

(a) The 2002-03 data is final annual data as published in Government Finance Statistics (5512.0), in April 2004. The 2003-04 data are preliminary based on the sum of the four quarters of 2003-04 only. Final annual data for 2003-04 will be available in Government Finance Statistics (5512.0), to be published in April 2005.


QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the June quarter 2004 from the forthcoming national accounts publication. The key figures shown include Government Final Consumption Expenditure and Gross Fixed Capital Formation for general government and public corporations, seasonally adjusted for current prices and chain volume terms.
  • In seasonally adjusted chain volume terms, total general government final consumption expenditure rose $687m (1.9%) in June quarter 2004 to $35,952m.
  • General government gross fixed capital formation, in seasonally adjusted chain volume terms, rose $234m (5.1%) in June quarter 2004 to $4,800m.
  • The largest public asset sales recorded during the June 2004 quarter were two FM radio licences in Sydney and Brisbane. They are classified as sales by Commonwealth general government of intangible non produced assets and as a consequence are not included in the gross fixed capital formation estimates.

QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED

Mar qtr
2004
Jun qtr
2004
change Mar
qtr 2004 to
Jun qtr 2004
$m
$m
%

Current prices
General government final consumption expenditure(a)
National
Defence
3,327
3,451
3.7
Non defence
10,966
11,467
4.6
State and local
22,385
23,104
3.2
Total general government
36,678
38,021
3.7
Gross fixed capital formation
General Government
4,488
4,790
6.7
Public corporations
2,851
2,902
1.8
Chain volume (b)
General government final consumption expenditure(a)
National
Defence
3,451
3,596
4.2
Non defence
10,426
10,650
2.1
State and local
21,389
21,706
1.5
Total general government
35,265
35,952
1.9
Gross fixed capital formation
General government
4,566
4,800
5.1
Public corporations
2,868
2,909
1.4

(a) See paragraph 35 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) The reference year for chain volume measures is 2002-03.





Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.