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| Jun.2002 | Jun.2003 | Jun.2004 |
Table 22. EXPENDITURE COMPONENTS OF GROSS DOMESTIC PRODUCT, | | | |
Australia - Current prices ($m) | | | |
|
Final consumption expenditure |
|
|
|
General government | | | |
National | 52234 | 56122 | 60185 |
State and local | 80068 | 85441 | 90143 |
Total general government | 132301 | 141564 | 150328 |
Households | | | |
Food | 48828 | 51477 | 54167 |
Alcoholic beverages and tobacco | 17486 | 18692 | 19850 |
Clothing and footwear | 16715 | 17828 | 18780 |
Rent and other dwelling services | 77093 | 80976 | 85272 |
Electricity, gas and other fuel | 8522 | 9228 | 10004 |
Furnishings and other household equipment | 24420 | 26031 | 27946 |
Health | 19932 | 22521 | 24891 |
Transport | 52692 | 55443 | 58517 |
Communications | 11987 | 13161 | 14130 |
Recreation and culture | 52392 | 55533 | 59166 |
Education services | 13969 | 15117 | 16445 |
Hotels, cafes and restaurants | 32340 | 34425 | 38033 |
Miscellaneous goods and services | 58176 | 61663 | 66086 |
Total households | 434552 | 462095 | 493287 |
Total final consumption expenditure | 566853 | 603659 | 643615 |
Private gross fixed capital formation | | | |
Private business investment | | | |
Machinery and equipment | | | |
New | 52316 | 57748 | 60222 |
Net purchases of second hand assets | -3321 | -3257 | -3145 |
Total machinery and equipment | 48995 | 54491 | 57077 |
Non-dwelling construction | | | |
New building | 14004 | 18408 | 21665 |
New engineering construction | 10532 | 14126 | 15634 |
Net purchases of second hand assets | 132 | 553 | -574 |
Total non-dwelling construction | 24668 | 33087 | 36725 |
Livestock | 2543 | 1357 | 2609 |
Intangible fixed assets | 9898 | 10661 | 10747 |
Total private business investment | 86104 | 99595 | 107158 |
Dwellings | 43055 | 51479 | 57583 |
Ownership transfer costs | 11992 | 14006 | 16278 |
Total private gross fixed capital formation | 141152 | 165081 | 181019 |
Public gross fixed capital expenditure | | | |
Public corporations | | | |
Commonwealth | 3060 | 2379 | 2908 |
State and local | 7066 | 8560 | 8748 |
Total public corporations | 10126 | 10939 | 11655 |
General government | | | |
National | 3655 | 4208 | 4460 |
State and local | 13898 | 13561 | 14588 |
Total general government | 17553 | 17769 | 19048 |
Total public gross fixed capital formation | 27679 | 28708 | 30704 |
Total gross fixed capital formation | 168831 | 193788 | 211722 |
Domestic final demand | 735684 | 797447 | 855338 |
International trade-exports of goods | 121109 | 115480 | 109049 |
less International trade-imports of goods | 119649 | 133124 | 130997 |
International trade-exports of services | 33828 | 33891 | 35172 |
less International trade-imports of services | 32638 | 32892 | 34680 |
Balancing item(a) | -2548 | 1994 | 4368 |
Gross domestic product | 735783 | 782798 | 838251 |
n.r. not recorded |
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(a) 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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