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| Jun.2002 | Jun.2003 | Jun.2004 |
Table 6. EXPENDITURE COMPONENTS OF GROSS STATE PRODUCT, New | | | |
South Wales - Current prices ($m) | | | |
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Final consumption expenditure |
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General government | | | |
National | 14083 | 14630 | 15414 |
State and local | 26760 | 28741 | 30257 |
Total general government | 40842 | 43371 | 45672 |
Households | | | |
Food | 15642 | 16464 | 17034 |
Alcoholic beverages and tobacco | 6261 | 6924 | 7304 |
Clothing and footwear | 5903 | 6087 | 6346 |
Rent and other dwelling services | 29942 | 30833 | 31755 |
Electricity, gas and other fuel | 2553 | 2651 | 2852 |
Furnishings and other household equipment | 7753 | 8547 | 8865 |
Health | 6162 | 7030 | 7662 |
Transport | 18917 | 19771 | 20759 |
Communications | 4132 | 4527 | 4866 |
Recreation and culture | 18544 | 19557 | 20674 |
Education services | 4745 | 5197 | 5731 |
Hotels, cafes and restaurants | 13343 | 13883 | 14637 |
Miscellaneous goods and services | 20211 | 21396 | 22773 |
Net expenditure interstate | 1699 | 1327 | 1413 |
Total households | 155806 | 164193 | 172672 |
Total final consumption expenditure | 196649 | 207565 | 218344 |
Private gross fixed capital formation | | | |
Private business investment | | | |
Machinery and equipment | | | |
New | 16730 | 17060 | 17267 |
Net purchases of second hand assets | -999 | -808 | -1004 |
Total machinery and equipment | 15731 | 16252 | 16263 |
Non-dwelling construction | | | |
New building | 4703 | 6297 | 7597 |
New engineering construction | 1589 | 1957 | 2988 |
Net purchases of second hand assets | -120 | 23 | -323 |
Total non-dwelling construction | 6173 | 8276 | 10263 |
Livestock | 577 | 291 | 581 |
Intangible fixed assets | 3750 | 4010 | 4048 |
Total private business investment | 26230 | 28830 | 31155 |
Dwellings | 14093 | 17331 | 18562 |
Ownership transfer costs | 4706 | 5506 | 5918 |
Total private gross fixed capital formation | 45030 | 51667 | 55635 |
Public gross fixed capital formation | | | |
Public corporations | | | |
Commonwealth | 1020 | 813 | 1016 |
State and local | 2832 | 3202 | 3316 |
Total public corporations | 3852 | 4015 | 4332 |
General government | | | |
National | 1180 | 1302 | 1314 |
State and local | 4316 | 4715 | 4981 |
Total general government | 5496 | 6018 | 6295 |
Total public gross fixed capital formation | 9348 | 10033 | 10627 |
Total gross fixed capital formation | 54377 | 61700 | 66262 |
State final demand | 251026 | 269264 | 284606 |
International trade-exports of goods | 26512 | 23955 | 22576 |
less International trade-imports of goods | 51903 | 55248 | 53765 |
International trade-exports of services | 14936 | 14989 | 15554 |
less International trade-imports of services | 14961 | 15091 | 16042 |
Balancing item(a) | 34697 | 37488 | 37817 |
Gross state product | 260307 | 275358 | 290746 |
n.r. not recorded |
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(b) Calculated as the residual of GSP less state final demand less international trade in exports of goods and services, | | | |
plus international trade in imports of goods and services. The balancing item implicitly comprises changes in inventories, | | | |
total net interstate trade and statistical discrepancy. | | | |
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