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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 for the general government sector, with the exception of Table 2 which presents data for the public non-financial corporations sector.

Quarterly GFS are released for the current financial year only, other than in the September quarter, when the quarters of the previous year are presented.

Table	Sept 05	Dec 05	Mar 06
Table 1 All levels of Government - General Government	*	*	*
Table 2 All Levels of Government - Public Non-Financial Corporations	*	*	*
Table 3 Commonwealth Government	*	*	*
Table 4 Total State & Local	*	*	*
Table 5 New South Wales	*	*
Table 6 Victoria	*	*
Table 7 Queensland	*	*
Table 8 South Australia	*	*
Table 9 Western Australia	*	*
Table 10 Tasmania	*	*
Table 11 Northern Territory	*	*
Table 12 Australian Capital Territory	*	*

• In original terms, taxation revenue decreased by $1918 m to $74303m.
• The General government GFS Net operating balance, in original terms, increased by $3940m to $10789m.
• In original terms, the General government GFS Net lending position increased by $4787m, from $5016m to $9803m.

						Dec qtr 2005	Mar qtr 2006	% change Dec qtr 2005 to Mar qtr 2006
						$m	$m	%
Current prices
Taxation revenue
	General government					76221	74303	-2.5
Total revenue
	General government					90145	91358	1.3
	Public Non-Financial corporations					18271	17206	-5.8
Total expenses
	General government					83297	80570	-3.3
	Public Non-Financial corporations					16081	17672	9.9
GFS Net operating balance
	General government					6849	10789	..
	Public Non-Financial corporations					2189	-466	..
GFS Net lending(+)/borrowing(-)
	General government					5016	9803	..
	Public Non-Financial corporations					32	-2366	..

• In seasonally adjusted chain volume terms, total general government final consumption expenditure decreased by 0.3% in March quarter 2006.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, increased by 3.0% in March quarter 2006.

			Dec qtr 2006	Mar qtr 2006	% change Dec qtr 2005 to Mar qtr 2005
			$m	$m	%
Current Prices
General government final consumption expenditure (a)
	National - defence		4018	4002	-0.4
	National - non-defence		13845	13397	-3.2
	Total national		17863	17399	-2.6
	State and local		25240	25591	1.4
	Total general government final consumption expenditure		43103	42989	-0.3
Public gross fixed capital formation
	General government
		National - defence	245	296	20.6
		National - non-defence	833	689	-17.2
		Total national	1078	985	-8.6
		State and local	3654	3928	7.5
		Total general government	4732	4914	3.8
	Public corporations
		Commonwealth	1125	1298	15.4
		State and local	2887	3173	9.9
		Total public corporations	4012	4470	11.4
	Total public gross fixed capital formation		8743	9384	7.3
Memorandum item			-65	-313	..
	Net purchases of second-hand assets by public sector
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		3890	3873	-0.4
	National - non-defence		12600	12312	-2.3
	Total national		16490	16185	-1.8
	State and local		23453	23652	0.8
	Total general government final consumption expenditure		39943	39838	-0.3
Public gross fixed capital formation
	General government
		National - defence	284	345	21.6
		National - non-defence	840	699	-16.8
		Total national	1123	1044	-7.1
		State and local	3504	3720	6.2
		Total general government	4627	4764	3.0
	Public corporations
		Commonwealth	1142	1294	13.3
		State and local	2719	2935	7.9
		Total public corporations	3862	4229	9.5
	Total public gross fixed capital formation		8489	8993	5.9
Memorandum item
	Net purchases of second-hand assets by public sector		-60	-309	..