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5519.0.55.001 - Government Finance Statistics, Australia, March Quarter 2010 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/06/2010   
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MARCH QUARTER 2010 KEY FIGURES: ALL LEVELS OF GOVERNMENT

In the March quarter 2010 -

  • Taxation revenue decreased 3.1% to $84,332m.
  • The GFS net operating balance for the general government sector was $-13,832m.
  • The GFS net lending(+)/borrowing(-) position for the general government sector was $-20,082m.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT, ORIGINAL

Dec Qtr 2009
Mar Qtr 2010
Dec Qtr 2009 to
Mar Qtr 2010
$m
$m
% change

Current Prices
Taxation revenue
General government
87 017
84 332
-3.1
Total revenue
General government
105 810
104 242
-1.5
Public Non-Financial corporations
16 878
16 724
-0.9
Total expenses
General government
111 365
118 074
6.0
Public Non-Financial corporations
15 107
15 042
-0.4
GFS Net operating balance
General government
-5 556
-13 832
..
Public Non-Financial corporations
1 771
1 682
..
GFS Net lending(+)/borrowing(-)
General government
-12 839
-20 082
..
Public Non-Financial corporations
-1 375
-1 698
..


QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the March quarter 2010 which will be included in the Australian National Accounts: National Income, Expenditure and Product(cat.no. 5206.0). The key figures shown include Government Final Consumption Expenditure and Gross Fixed Capital Formation for general government and public corporations, seasonally adjusted in current prices and chain volume terms.

In the March quarter 2010:
  • In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by $441m, a rise of 0.8% compared with December quarter 2009.
  • General government gross fixed capital formation, in seasonally adjusted chain volume terms, increased by 16.3%.
QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED

Jun Qtr 2009
Sep Qtr 2009
Dec Qtr 2009
Mar Qtr 2010
Dec Qtr 2009 to
Mar Qtr 2010
$m
$m
$m
$m
% change

Current Prices
General government final consumption expenditure (a)
National - defence
4 626
4 904
5 233
5 572
6.5
National - non-defence
16 067
16 486
17 277
17 390
0.7
Total national
20 693
21 390
22 510
22 962
2.0
State and local
34 201
34 770
35 205
35 646
1.3
Total general government final consumption expenditure
54 894
56 159
57 715
58 608
1.5
Public gross fixed capital formation
General government
National - defence
1 249
1 502
2 206
2 129
-3.5
National - non-defence
1 678
1 721
1 457
2 105
44.5
Total national
2 927
3 224
3 663
4 234
15.6
State and local
6 880
7 576
8 620
10 093
17.1
Total general government
9 808
10 800
12 282
14 327
16.6
Public corporations
Commonwealth
337
537
586
554
-5.5
State and local
5 500
5 552
5 712
6 009
5.2
Total public corporations
5 838
6 089
6 298
6 563
4.2
Total public gross fixed capital formation
15 645
16 889
18 580
20 890
12.4
Memorandum item
Net purchases of second-hand assets by public sector
-424
-285
-231
-371
..

Chain Volume (b)
General government final consumption expenditure (a)
National - defence
4 350
4 591
4 876
5 159
5.8
National - non-defence
15 727
15 987
16 455
16 444
-0.1
Total national
20 077
20 578
21 330
21 603
1.3
State and local
32 184
32 371
32 587
32 756
0.5
Total general government final consumption expenditure
52 261
52 949
53 918
54 359
0.8
Public gross fixed capital formation
General government
National - defence
1 116
1 474
2 277
2 211
-2.9
National - non-defence
1 675
1 716
1 463
2 097
43.3
Total national
2 791
3 191
3 740
4 308
15.2
State and local
6 820
7 592
8 688
10 148
16.8
Total general government
9 610
10 782
12 428
14 456
16.3
Public corporations
Commonwealth
330
530
589
560
-4.9
State and local
6 014
6 153
6 300
6 550
4.0
Total public corporations
6 344
6 683
6 889
7 110
3.2
Total public gross fixed capital formation
15 954
17 465
19 317
21 566
11.6
Memorandum item
Net purchases of second-hand assets by public sector
-412
-282
-230
-373
..

(a) See paragraph 34 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2007-08.

MARCH QUARTER 2010 GFS RELEASE

This release presents quarterly government finance statistics 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.

Quarterly GFS are released for the current financial year only, other than in the September quarter, when the quarters of the previous financial year are presented. Users requiring data for earlier periods should consult Government Finance Statistics, Australia (cat.no. 5512.0). The latest issue (2008-09) was released on 27 April 2010. Final annual GFS results for 2009-10 are scheduled for release by the ABS in April 2011.

RELEASE OF QUARTERLY GFS THIS ISSUE

Table
Sep 09
Dec 09
Mar 10
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
*
*
FORTHCOMING ISSUES

The release of GFS quarterly data is usually coordinated to be the day before the respective issue of Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0). The scheduled release dates for the June and September quarter 2010 issues are:

Issue5519.0.55.0015206.0
June 201031 August 20101 September 2010
September 201030 November 20101 December 2010
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, email <client.services@abs.gov.au> or Larissa Fischer on Canberra (02) 6252 5392, email <public.finance@abs.gov.au>


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