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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2015 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 02/12/2015 Released Today  
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Jun Qtr 2015 to Sep Qtr 2015
Sep Qtr 2014 to Sep Qtr 2015
% change
% change

GDP (Chain volume measure)
Seasonally adjusted
Final consumption expenditure (Chain volume measure)
Seasonally adjusted
Gross fixed capital formation (Chain volume measure)
Seasonally adjusted
GDP chain price index
Terms of trade
Seasonally adjusted
Real net national disposable income
Seasonally adjusted

GDP growth rates, Volume measures, quarterly change
Graph: GDP growth rates, Volume measures, quarterly change

Contribution to GDP growth, Seasonally adjusted
Graph: Contribution to GDP growth, Seasonally adjusted


  • The September quarter 2015 National accounts show the Australian economy growing by 0.9% in seasonally adjusted chain volume terms.
  • The major contributions to economic growth this quarter came from Exports, with Net exports contributing 1.5 percentage points to GDP growth.
  • The growth in Exports is reflected by strong growth in Mining activity (5.2%), bouncing back after the decline in the June quarter.
  • These positive contributions were offset by a fall in Total gross fixed capital formation of 4.0%, driven by falls in private (-2.9%) and public (-9.2%) investment.
  • The September quarter continues to see the decline in mining related construction, with Engineering construction decreasing 7.1%. For a more detailed analysis on Gross fixed capital formation, see the feature article in this release, Mining and Non-Mining Investment.



ISSUE (QUARTER) Release Date
December 2015 2 March 2016
March 2016 1 June 2016
June 2016 7 September 2016
September 2016 7 December 2016


The estimates in this issue incorporate the 2013-14 annual supply and use tables. For information on the role of supply and use tables in the national accounts and the major revisions please see the 'Analysis of Results' section Australian System of National Accounts (ABS cat. no. 5204.0). The key revisions from the release of the Australian System of National Accounts (ABS cat. no. 5204.0) were:
  • Changes in inventories for Mining have been revised to apply price deflation at the subdivision level. Previously, fixed-weight deflators were applied to the industry division level inventories. This change will incorporate more dynamic weights when estimating Mining inventories.
  • Public gross fixed capital formation (GFCF) includes methodological enhancements and remediation of historical errors in the time series for some estimates. This has resulted in minor changes to these series at both state and national level for the period 1997-98 to 2014-15. These revisions are most noticeable around periods of high volatility caused by significant transactions of second hand assets affecting the GFCF series.

There are also revisions in this issue due to the incorporation of more up-to-date data and concurrent seasonal adjustment, including improved seasonal adjustment of Cultivated biological resources. This includes updated information from the Employment and Earnings, Public Sector (ABS cat. no. 6248.0.55.002) that impacts State Final Demand, but not national estimates.

This publication also includes the impact of re-referencing Chain Volume (CVM) estimates to the 2013-14 financial year. This in isolation will only affect levels of CVM estimates, generally leaving growth rates unchanged. Re-referencing can have an impact on CVM GDP growth (and other estimates) for the latest financial year (2014-15) if there are significant relative price changes between 2012-13 and 2013-14.


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For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or National Accounts by email <>.

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Commonwealth of Australia 2015

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