5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 07/03/2018   
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MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES

Seasonally adjusted
New
South
Wales
Victoria
Queensland
South
Australia
Western
Australia
Tasmania
Northern
Territory
Australian
Capital
Territory
Australia(a)
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17
% change
Sep 17 to
Dec 17

Final consumption expenditure
General government
2.4
1.2
2.5
1.1
0.3
1.8
2.1
1.0
1.7
Households
1.0
1.3
0.6
1.2
0.5
1.6
0.5
1.1
1.0
Gross fixed capital formation
Private
0.8
-6.0
-0.2
-3.3
-2.0
-5.3
-24.0
11.5
-2.2
Public
-1.8
11.7
2.1
8.9
-0.6
11.8
3.1
-6.3
2.9
State final demand
1.0
0.3
0.9
0.8
-0.2
1.3
-7.6
1.6
0.6

(a) Australia estimates relate to Domestic final demand.



DECEMBER QUARTER

Summary Comments

Australia
  • Australia's domestic final demand increased 0.6% in the December quarter 2017. State final demand increased in all states except for Western Australia and the Northern Territory.



STATE FINAL DEMAND, Quarterly - Volume measures: Seasonally adjusted
Diagram: Graph shows STATE FINAL DEMAND, Quarterly - Volume measures Seasonally adjusted


New South Wales
  • New South Wales' state final demand increased 1.0% in the December quarter following an increase of 0.9% in the September quarter. Household and government final consumption expenditure both contributed strongly to the growth in state final demand. Private capital investment also increased in NSW. Public capital investment detracted from growth driven by the general government sector, which was offset by public non-financial corporations.

Victoria
  • Victoria's state final demand increased 0.3% in the December quarter and follows a 0.9% increase in the September quarter. Household final consumption expenditure was the strongest contributor to growth. The public sector also contributed to growth with both government final consumption expenditure and public capital investment exhibiting increases. The increase in public capital investment was driven by the general government sector, specifically state and local governments. Private capital investment fell in the quarter driven by falls in non-dwelling and dwelling construction.

Queensland
  • Queensland's state final demand increased 0.9% in the December quarter and follows a 0.5% increase in the September quarter. Household and government final consumption expenditure both contributed strongly to the growth in state final demand. Public capital investment also increased in Queensland. Private capital investment detracted from growth driven by non-dwelling construction, but was partially offset by expenditure on machinery and equipment.

South Australia
  • South Australia's state final demand increased 0.8% in the December quarter and follows a 0.4% increase in the September quarter. Household final consumption expenditure was the strongest contributor to growth in South Australia. Growth in government final consumption expenditure was driven by national government, while public capital investment grew driven by public corporations. Private capital investment decreased in the December quarter driven by reduced machinery and equipment expenditure.

Western Australia
  • Western Australia's state final demand decreased 0.2% in the December quarter and follows a 1.4% increase in the September quarter. The fall in the December quarter was driven by reduced private capital investment. There was a large fall in non-dwelling construction which was offset in part by a rise in expenditure on machinery and equipment. Public capital investment also decreased over the quarter driven by public non-financial corporations. Total final consumption expenditure increased, spread across government and households.

Tasmania
  • Tasmania's state final demand increased 1.3% in the December quarter and follows an upwardly revised increase of 0.4% in the September quarter. Total final consumption expenditure drove growth in the quarter. Household final consumption expenditure was the largest contributor. The general government sector drove growth in public capital investment. Private capital investment fell driven by decreased dwelling construction and expenditure on machinery and equipment.

Northern Territory
  • Northern Territory's state final demand decreased 7.6% in the December quarter following an increase of 0.9% in the September quarter. The largest detractor from growth was private capital investment driven by non-dwelling construction. Both government consumption and public capital investment increased, driven by territory government spending. Household consumption also rose over the December quarter.

Australian Capital Territory
  • Australian Capital Territory's state final demand increased 1.6% in the December quarter following a 0.6% increase in the September quarter. Private capital investment drove growth in the December quarter with strength in non-dwelling construction, and machinery and equipment investment. Both government and household final consumption expenditure increased. Public capital investment offset the rises, falling across both the general government sector and public non-financial corporations.