5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2017   
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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
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17
% change
Mar 17 to
Jun 17

Final consumption expenditure
General government
1.3
2.1
0.1
1.0
1.8
1.4
0.8
0.7
1.2
Households
0.6
0.8
0.8
0.7
0.5
0.8
1.2
0.9
0.7
Gross fixed capital formation
Private
2.1
4.4
3.5
-50.5
-4.6
0.9
-1.5
-3.1
-1.1
Public
5.2
-6.8
-0.3
223.1
7.4
5.2
-24.6
-8.1
11.9
State final demand
1.2
1.3
1.1
1.7
-0.3
1.2
-1.1
-0.2
1.0

(a) Australia estimates relate to Domestic final demand.



JUNE QUARTER

Summary Comments

New South Wales
  • New South Wales' state final demand increased 1.2% in the June quarter following a revised increase of 0.2% in the March quarter. There was growth across all four major components. Private gross fixed capital formation was the largest contributor to growth. The increase was driven by total dwellings and total machinery and equipment. Growth in public gross fixed capital formation is being driven by the general government sector offset by a slight fall from public non-financial corporations. Household final consumption expenditure also contributed strongly to growth.

Victoria
  • Victoria's state final demand increased by 1.3% in the June quarter and follows a 1.7% increase in the March quarter. Private gross fixed capital formation was the largest contributor to growth. The increase in private gross fixed capital formation was driven by total non-dwelling construction. Both household and government final consumption expenditure continued to grow in the quarter. There was a decline in public gross fixed capital formation, driven by general government capital formation.

Queensland
  • Queensland's state final demand increased by 1.1% in the June quarter and follows a 0.2% increase in the March quarter. Private gross fixed capital formation drove the increase, in turn driven by an increase in total machinery and equipment. Household final consumption expenditure also contributed strongly to growth. There was a marginal increase in government final consumption expenditure although this was partially offset in state final demand by a weak fall in public gross fixed capital formation.

South Australia
  • South Australia's state final demand increased by 1.7% in the June quarter and follows a 1.3% increase in the March quarter. Public gross fixed capital formation increased strongly in the June quarter, this includes the acquisition of the recently completed Royal Adelaide Hospital from private ownership. Total final consumption expenditure contributed to growth for the quarter, spread across both household and government consumption.

Western Australia
  • Western Australia's state final demand decreased 0.3% in the June quarter and follows a 0.1% decrease in the March quarter. The fall in the June quarter was driven by a decline in private gross fixed capital formation, while household and government final consumption expenditure contributed to growth. Weakness in total non-dwelling construction and total machinery and equipment drove the fall in private gross fixed capital formation. Public gross fixed capital formation increased over the quarter driven by the general government sector.

Tasmania
  • Tasmania's state final demand increased 1.2% in the June quarter and follows a rise in the March quarter of 1.5%. Household final consumption expenditure was the single largest contributor to growth. Government final consumption expenditure, private gross fixed capital formation, and public gross fixed capital formation all increased in the quarter. The increase in private gross fixed capital formation was driven by total machinery and equipment, offset by a fall total dwellings.

Northern Territory
  • Northern Territory's state final demand decreased 1.1% in the June quarter following a revised increase of 1.5% in the March quarter. Private gross fixed capital formation fell, driven by a strong fall in total non-dwelling construction which was partially offset by an increase in total machinery and equipment. Public gross fixed capital formation also fell, driven by a decrease in public non-financial corporations capital formation. Increases in both household final consumption expenditure and government final consumption expenditure tempered the falls in capital formation.

Australian Capital Territory
  • Australian Capital Territory's state final demand decreased 0.2% in the June quarter following a 0.6% increase in the March quarter. Public gross fixed capital formation fell, driven by a decline in the general government sector. Private gross fixed capital formation also decreased, driven by weakness in non-dwelling construction. Final consumption expenditure rose due to increases in both household and government final consumption expenditure.