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| Jun.2003 | Jun.2004 | Jun.2005 |
Table 2. EXPENDITURE ON GDP, Chain volume measures ($m)(a) | | | |
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Final consumption expenditure |
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General government | | | |
National-defence | 13516 | 14231 | 15007 |
National-non-defence | 45573 | 47610 | 50789 |
Total national | 59087 | 61850 | 65796 |
State and local | 91758 | 94935 | 97041 |
Total general government | 150840 | 156783 | 162837 |
Households | 474389 | 499526 | 520982 |
Total final consumption expenditure | 625160 | 656296 | 683819 |
Private gross fixed capital formation | | | |
Private business investment | | | |
Machinery and equipment | | | |
New | 51398 | 58841 | 67905 |
Net purchases of second hand assets | -3004 | -3287 | -3028 |
Total machinery and equipment | 48394 | 55553 | 64877 |
Non-dwelling construction | | | |
New building | 22229 | 24348 | 25314 |
New engineering construction | 15113 | 16175 | 18702 |
Net purchases of second hand assets | 717 | -582 | -1063 |
Total non-dwelling construction | 38007 | 39891 | 42954 |
Livestock | 1233 | 2779 | 2881 |
Intangible fixed assets | | | |
Computer software | 7704 | 8192 | 8675 |
Mineral and petroleum exploration | 1807 | 1771 | 2073 |
Artistic originals | 435 | 454 | 485 |
Total intangible fixed assets | 9941 | 10426 | 11234 |
Total private business investment | 96801 | 108400 | 121946 |
Dwellings | | | |
New and used dwellings | 32843 | 33497 | 32718 |
Alterations and additions | 25800 | 27561 | 27416 |
Total dwellings | 58625 | 61055 | 60134 |
Ownership transfer costs | 17826 | 17462 | 14558 |
Total private gross fixed capital formation | 172038 | 186422 | 196638 |
Public gross fixed capital formation | | | |
Public corporations | | | |
Commonwealth | 2406 | 2981 | 3656 |
State and local | 8747 | 9442 | 10357 |
Total public corporations | 11135 | 12416 | 14013 |
General government | | | |
National-defence | 1444 | 1708 | 1520 |
National-non-defence | 2526 | 2875 | 2948 |
Total national | 3972 | 4587 | 4468 |
State and local | 14157 | 14445 | 15752 |
Total general government | 18088 | 19050 | 20220 |
Total public gross fixed capital formation | 29238 | 31471 | 34233 |
Total gross fixed capital formation | 201287 | 217903 | 230871 |
Domestic final demand | 826442 | 874202 | 914690 |
Changes in inventories | | | |
Private non-farm(b) | 1128 | 5987 | 4294 |
Farm | -245 | 74 | 271 |
Public authorities | -103 | -324 | -64 |
Total changes in inventories | 842 | 5765 | 4501 |
Gross national expenditure | 827696 | 879908 | 919191 |
Exports of goods and services | 159183 | 162583 | 167562 |
less Imports of goods and services | 150025 | 169591 | 190188 |
Statistical discrepancy (E) | 0 | 0 | 0 |
Gross domestic product | 839187 | 873197 | 896568 |
n.r. not recorded |
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(a) Reference year for chain volume measures is 2004-05. | | | |
(b) Includes for all periods the privatised marketing authorities. | | | |
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