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5519.0.55.001 - Government Finance Statistics, Australia, Quarterly, Sep 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/12/2006   
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SEPTEMBER QUARTER 2006 KEY FIGURES: ALL LEVELS OF GOVERNMENT

June quarter 2006 to September quarter 2006 movements (in original terms) -

  • Taxation revenue decreased by 13.4% to $69,334m.
  • The GFS net operating balance for the general government sector decreased by $8,114m, to -$930m.
  • The GFS net lending(+)/borrowing(-) position for the general government sector decreased by $3,155m, to -$1,490m.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT, ORIGINAL

Sept qtr 2005
Jun qtr 2006
Sep qtr 2006
% change
Jun qtr 2006
to
Sep qtr 2006
% change
Sep qtr 2005
to
Sep qtr 2006
$m
$m
$m
%
%

Current prices
Taxation revenue
General government
65,935
80,064
69,334
-13.4
5.2
Total revenue
General government
82,388
98,708
86,187
-12.7
4.6
Public Non-Financial corporations
16,928
17,706
18,176
-2.7
7.4
Total expenses
General government
80,697
91,522
87,117
-4.8
8.0
Public Non-Financial corporations
17,652
16,189
18,238
12.7
3.3
GFS Net operating balance
General government
1,691
7,184
-930
..
Public Non-Financial corporations
-724
1,517
-61
..
GFS Net lending(+)/borrowing(-)
General government
1,398
1,665
-1,490
..
Public Non-Financial corporations
-2,027
-2,740
-2,317
..



QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the September quarter 2006 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 in chain volume terms.
  • In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by 1.2% in September quarter 2006.
  • General government gross fixed capital formation, in seasonally adjusted chain volume terms, decreased by 3.0% in September quarter 2006.

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

Jun qtr 2006
Sep qtr 2006
% change
Jun qtr 2006
to
Sep qtr 2006
$m
$m
%

Current Prices
General government final consumption expenditure (a)
National - defence
4,417
4,921
11.4
National - non-defence
13,938
14,195
1.8
Total national
18,355
19,116
4.1
State and local
27,493
27,792
1.1
Total general government final consumption expenditure
45,848
46,907
2.3
Public gross fixed capital formation
General government
National - defence
290
328
12.9
National - non-defence
922
712
-22.7
Total national
1,212
1,040
-14.2
State and local
3,991
4,154
4.1
Total general government
5,203
5,194
-0.2
Public corporations
Commonwealth
1,335
1,012
-24.2
State and local
3,345
3,790
13.3
Total public corporations
4,680
4,802
2.6
Total public gross fixed capital formation
9,883
9,996
1.1
Memorandum item
Net purchases of second-hand assets by public sector
-99
-351
..

Chain Volume (b)
General government final consumption expenditure (a)
National - defence
4,074
4,447
9.2
National - non-defence
13,507
13,673
1.2
Total national
17,581
18,120
3.1
State and local
25,355
25,325
-0.1
Total general government final consumption expenditure
42,936
43,444
1.2
Public gross fixed capital formation
General government
National - defence
295
339
14.9
National - non-defence
926
733
-20.9
Total national
1,221
1,072
-12.2
State and local
3,890
3,885
-0.1
Total general government
5,111
4,956
-3.0
Public corporations
Commonwealth
1,329
991
-25.5
State and local
3,038
3,260
7.3
Total public corporations
4,367
4,251
-2.7
Total public gross fixed capital formation
9,478
9,207
-2.9
Memorandum item
Net purchases of second-hand assets by public sector
-97
-339
..

(a) See paragraph 35 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2004-05.


SEPTEMBER QUARTER 2006 GFS RELEASE

This release presents quarterly government finance statistics (GFS) on an accrual accounting basis. All tables are presented in GFS operating statement format and are for the general government sector, with the exception of Table 2 which presents data for the public non-financial corporations sector.

In the September quarter, data are presented for the quarters of the previous financial year in addition to that for the current quarter. No data for the individual state and territory jurisdictions are presented. It should be noted that the quarterly ABS GFS data, including that presented in this publication, are based on preliminary data provided by jurisdictions throughout the year. For this reason, the four quarters of the previous financial year will not necessarily sum to the final financial year results recently released by some jurisdictions. Final annual GFS results for 2005-06 are scheduled for release by the ABS on 3 April 2007, in
Government Finance Statistics, Australia (cat.no. 5512.0).

RELEASE OF QUARTERLY GFS THIS ISSUE

Table
Sept 05
Dec 05
Mar 06
June 06
Sept 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
*
*
*
*
*

FORTHCOMING ISSUES


The release of GFS quarterly data is coordinated to be the day before the respective issue of 5206.0

The current release dates for the December quarter 2006 and March quarter 2007 issues are :

Issue5519.0.55.0015206.0
December 200606/03/200707/03/2007
March 2007 05/06/2007 06/06/2007

The contact officer for this release is Jonathan Sim on (02) 6252 5735.

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