TIME SERIES TOTAL PUBLIC SECTOR
For the total public sector across all levels of government, GFS revenue increased by $2,208 million (0.5%) from $470,458 million in 2007-08 to $472,666 million in 2008-09. GFS expenses increased by $60,906 million (14.0%) from $433,607 million to $494,513 million. As a result the GFS net operating balance decreased by $58,698 million from $36,851 million in 2007-08 to -$21,847 million in 2008-09
Between 30 June 2008 and 30 June 2009 GFS net worth across the total public sector increased by $39,516 million from $899,130 million to $938,646 million.
The following tables show a time series of major aggregates for the total public sector across different levels of government.
MAJOR AGGREGATES, Total Public Sector, All Levels of Government |
|
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 | 2008-09 |
| $m | $m | $m | $m | $m | $m |
|
GFS Revenue | 362 289 | 392 314 | 422 597 | 445 244 | 470 458 | 472 666 |
GFS Expenses | 343 518 | 366 858 | 392 115 | 409 992 | 433 607 | 494 513 |
GFS Net Operating Balance | 18 771 | 25 455 | 30 481 | 35 253 | 36 851 | -21 847 |
Net acquisition of non-financial assets | 8 434 | 12 878 | 19 318 | 25 251 | 32 041 | 42 039 |
GFS Net Lending(+)/Borrowing(-) | 10 337 | 12 577 | 11 163 | 10 002 | 4 810 | -63 886 |
Cash Surplus (+)/Deficit (-) | 16 389 | 21 279 | 19 416 | 6 608 | 9 648 | -50 958 |
Total assets | 1 003 144 | 1 113 262 | 1 243 382 | 1 331 827 | 1 521 843 | 1 720 057 |
Total liabilities | 487 477 | 530 721 | 573 141 | 581 929 | 622 621 | 781 083 |
GFS Net worth | 515 667 | 582 542 | 670 247 | 749 369 | 899 130 | 938 646 |
|
MAJOR AGGREGATES, General Government, Commonwealth |
|
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 | 2008-09 |
| $m | $m | $m | $m | $m | $m |
|
GFS Revenue | 222 034 | 241 995 | 260 786 | 277 978 | 303 291 | 298 282 |
GFS Expenses | 214 073 | 228 563 | 241 244 | 257 495 | 278 330 | 322 817 |
GFS Net Operating Balance | 7 962 | 13 432 | 19 542 | 20 483 | 24 961 | -24 534 |
Net acquisition of non-financial assets | 1 127 | 1 659 | 2 861 | 2 859 | 3 630 | 4 789 |
GFS Net Lending(+)/Borrowing(-) | 6 834 | 11 774 | 16 681 | 17 624 | 21 331 | -29 323 |
Cash Surplus (+)/Deficit (-) | 8 079 | 13 466 | 15 685 | 19 221 | 22 974 | -23 454 |
Total assets | 218 257 | 235 176 | 278 675 | 254 589 | 287 493 | 324 226 |
Total liabilities | 191 609 | 201 193 | 208 426 | 212 816 | 207 506 | 292 119 |
GFS Net worth | 26 647 | 33 983 | 70 249 | 41 773 | 79 987 | 32 107 |
|
MAJOR AGGREGATES, General Government, State Government |
|
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 | 2008-09 |
| $m | $m | $m | $m | $m | $m |
|
GFS Revenue | 124 098 | 131 927 | 142 387 | 153 749 | 161 253 | 174 069 |
GFS Expenses | 117 558 | 125 382 | 134 792 | 146 010 | 157 274 | 173 876 |
GFS Net Operating Balance | 6 540 | 6 545 | 7 595 | 7 738 | 3 979 | 193 |
New South Wales(a) | 1 152 | 721 | 976 | 878 | 384 | -428 |
Victoria | 942 | 797 | 756 | 2 306 | 1 482 | 261 |
Queensland | 3 335 | 3 919 | 3 716 | 1 861 | -1 549 | 42 |
South Australia | 387 | 155 | -33 | 203 | 465 | -233 |
Western Australia | 807 | 1 191 | 2 265 | 2 303 | 2 569 | 517 |
Tasmania | 244 | 155 | 18 | 5 | 38 | -78 |
Northern Territory | -45 | -30 | 29 | 145 | 342 | 189 |
Australian Capital Territory | -280 | -363 | -134 | 31 | 252 | -64 |
Net acquisition of non-financial assets | 2 232 | 2 731 | 4 565 | 6 533 | 8 323 | 10 873 |
GFS Net Lending(+)/Borrowing(-) | 4 308 | 3 814 | 3 030 | 1 205 | -4 344 | -10 680 |
New South Wales | 40 | -181 | -521 | -970 | -1 547 | -2 806 |
Victoria | 265 | 400 | -416 | 677 | 440 | -1 521 |
Queensland | 2 835 | 2 866 | 2 480 | -206 | -5 217 | -4 393 |
South Australia | 435 | 50 | -173 | 47 | 223 | -872 |
Western Australia | 570 | 871 | 1 846 | 1 534 | 1 330 | -799 |
Tasmania | 310 | 123 | -19 | 38 | 88 | -99 |
Northern Territory | -27 | -57 | -62 | 74 | 198 | -23 |
Australian Capital Territory | -120 | -258 | -107 | 6 | 144 | -150 |
Cash Surplus (+)/Deficit (-) | 7 376 | 7 926 | 9 747 | -3 415 | -3 259 | -6 586 |
New South Wales(a) | 1 492 | 1 314 | 2 041 | -7 563 | -1 924 | -1 739 |
Victoria | 597 | 629 | 247 | -220 | 1 294 | -1 269 |
Queensland | 3 493 | 4 629 | 4 649 | 2 308 | -5 099 | -2 860 |
South Australia | 531 | 191 | 188 | -25 | 358 | -708 |
Western Australia | 553 | 832 | 2 301 | 1 460 | 1 068 | -382 |
Tasmania | 370 | 244 | 209 | 167 | 324 | 55 |
Northern Territory | 38 | 53 | 38 | 183 | 284 | 140 |
Australian Capital Territory | 299 | 35 | 76 | 270 | 436 | 186 |
Total assets | 464 961 | 514 085 | 551 523 | 600 195 | 694 288 | 796 738 |
Total liabilities | 122 338 | 125 921 | 144 699 | 139 584 | 158 685 | 199 610 |
GFS Net worth | 342 622 | 388 164 | 406 824 | 460 092 | 535 602 | 597 128 |
New South Wales(a) | 124 263 | 129 153 | 126 857 | 136 102 | 146 743 | 135 601 |
Victoria | 61 187 | 75 018 | 75 422 | 84 660 | 91 698 | 118 351 |
Queensland | 77 722 | 96 433 | 105 033 | 117 832 | 155 176 | 180 690 |
South Australia | 16 159 | 16 721 | 20 291 | 22 227 | 21 203 | 24 151 |
Western Australia | 43 741 | 50 212 | 57 942 | 75 710 | 92 875 | 107 439 |
Tasmania | 8 004 | 9 008 | 9 107 | 9 658 | 11 388 | 11 656 |
Northern Territory | 2 166 | 2 353 | 2 727 | 2 721 | 3 214 | 4 755 |
Australian Capital Territory | 9 380 | 9 265 | 9 445 | 11 182 | 13 305 | 14 485 |
|
(a) An historical review of data for NSW has been undertaken and data have been revised across the time series. |
For the Commonwealth Government total public sector, GFS revenue decreased by $4,733 million (1.5%) from $314,760 million in 2007-08 to $310,027 million in 2008-09. GFS expenses increased by $45,627 million (15.8%) from $288,072 million to $333,699 million. As a result GFS net operating balance decreased by $50,360 million from $26,688 million in 2007-08 to -$23,672 million in 200-09.
Between 30 June 2008 and 30 June 2009 GFS net worth for the Commonwealth Government total public sector decreased by $47,880 million from $79,987 million to $32,107 million.
The data for 2006-07 was impacted by the privatisation of Telstra on 20 November 2007.
MAJOR AGGREGATES, Total Public Sector, Commonwealth Government |
|
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 | 2008-09 |
| $m | $m | $m | $m | $m | $m |
|
GFS Revenue | 243 070 | 266 636 | 285 708 | 293 721 | 314 760 | 310 027 |
GFS Expenses | 234 442 | 250 768 | 267 497 | 273 620 | 288 072 | 333 699 |
GFS Net Operating Balance | 8 628 | 15 868 | 18 211 | 20 101 | 26 688 | -23 672 |
Net acquisition of non-financial assets | 1 007 | 1 971 | 3 516 | 3 753 | 4 375 | 5 760 |
GFS Net Lending(+)/Borrowing(-) | 7 622 | 13 897 | 14 696 | 16 347 | 22 312 | -29 432 |
Cash Surplus (+)/Deficit (-) | 9 245 | 15 171 | 14 656 | 17 238 | 24 186 | -23 504 |
Total assets | 240 212 | 273 237 | 333 250 | 333 479 | 384 431 | 416 751 |
Total liabilities | 263 320 | 288 765 | 297 115 | 291 706 | 304 451 | 384 643 |
GFS Net worth | -23 108 | -15 528 | 36 134 | 41 773 | 79 987 | 32 107 |
|
MAJOR AGGREGATES, Total Public Sector, State Government |
|
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | 2007-08 | 2008-09 |
| $m | $m | $m | $m | $m | $m |
|
GFS Revenue | 155 321 | 164 544 | 176 812 | 192 323 | 201 760 | 215 411 |
GFS Expenses | 146 262 | 156 014 | 167 729 | 180 506 | 195 797 | 217 065 |
GFS Net Operating Balance | 9 060 | 8 530 | 9 083 | 11 817 | 5 963 | -1 654 |
New South Wales(a) | 1 255 | 918 | 1 608 | 3 386 | 1 598 | 995 |
Victoria | 2 624 | 1 542 | 991 | 2 164 | 1 430 | -172 |
Queensland | 3 512 | 4 282 | 4 138 | 2 787 | -1 062 | -2 557 |
South Australia | 501 | 270 | -36 | 341 | 665 | -363 |
Western Australia | 1 152 | 1 690 | 2 610 | 2 766 | 2 450 | 246 |
Tasmania | 252 | 204 | 27 | 59 | 201 | 21 |
Northern Territory | 2 | 22 | 77 | 244 | 485 | 244 |
Australian Capital Territory | -234 | -397 | -334 | 66 | 199 | -54 |
Net acquisition of non-financial assets | 5 396 | 7 849 | 12 340 | 16 932 | 23 106 | 30 130 |
GFS Net Lending(+)/Borrowing(-) | 3 663 | 681 | -3 257 | -5 116 | -17 143 | -31 784 |
New South Wales(a) | -995 | -1 599 | -2 128 | -1 701 | -4 301 | -6 744 |
Victoria | 965 | 172 | -1 021 | -747 | -1 841 | -5 565 |
Queensland | 2 812 | 1 735 | 162 | -4 015 | -11 136 | -13 509 |
South Australia | 483 | 109 | -101 | 59 | 338 | -1 627 |
Western Australia | 382 | 617 | 305 | 943 | -823 | -3 534 |
Tasmania | 179 | 99 | -181 | 77 | 184 | -494 |
Northern Territory | -13 | -97 | -66 | 99 | 229 | -101 |
Australian Capital Territory | -144 | -354 | -229 | 166 | 209 | -190 |
Cash Surplus (+)/Deficit (-) | 7 000 | 6 139 | 4 971 | -9 845 | -14 637 | -25 077 |
New South Wales(a) | 922 | 198 | 945 | -8 480 | -3 956 | -5 305 |
Victoria | 1 505 | 953 | 279 | -1 301 | -701 | -4 691 |
Queensland | 3 111 | 4 425 | 2 161 | -1 326 | -11 176 | -11 087 |
South Australia | 631 | 416 | 551 | 194 | 540 | -1 315 |
Western Australia | 128 | 7 | 738 | 395 | -523 | -2 450 |
Tasmania | 365 | 237 | 146 | 213 | 340 | -328 |
Northern Territory | 61 | -4 | 79 | 196 | 295 | 77 |
Australian Capital Territory | 247 | -94 | 73 | 261 | 545 | 32 |
Total assets | 566 549 | 628 261 | 679 318 | 746 476 | 849 501 | 983 697 |
Total liabilities | 223 925 | 240 096 | 272 494 | 285 865 | 313 798 | 386 240 |
GFS Net worth | 342 623 | 388 165 | 406 824 | 460 092 | 535 602 | 597 128 |
New South Wales(a) | 124 263 | 129 153 | 126 857 | 136 102 | 146 743 | 135 602 |
Victoria | 61 187 | 75 018 | 75 422 | 84 660 | 91 698 | 118 351 |
Queensland | 77 722 | 96 433 | 105 033 | 117 832 | 155 176 | 180 690 |
South Australia | 16 159 | 16 721 | 20 291 | 22 227 | 21 202 | 24 151 |
Western Australia | 43 741 | 50 213 | 57 942 | 75 710 | 92 875 | 107 439 |
Tasmania | 8 004 | 9 008 | 9 107 | 9 658 | 11 388 | 11 656 |
Northern Territory | 2 166 | 2 354 | 2 727 | 2 721 | 3 214 | 4 755 |
Australian Capital Territory | 9 380 | 9 265 | 9 445 | 11 182 | 13 305 | 14 485 |
|
(a) An historical review of data for NSW has been undertaken and data have been revised across the time series. |