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| Jun.2002 | Jun.2003 | Jun.2004 |
Table 50. HOUSEHOLD FINANCIAL ACCOUNT, Current prices ($b) | | | |
|
Net lending (+) / net borrowing (-) |
-17.7
|
-44.9
|
-57.1
|
Net errors and omissions(a) | 20.4 | 21.4 | 18.2 |
Change in financial position | 2.6 | -23.5 | -38.9 |
Acquisition of financial assets | | | |
Currency and deposits | 26.6 | 31.8 | 32.4 |
Bills of exchange | -.5 | -.4 | -1 |
One name paper-issued in Australia | .2 | .3 | 0 |
One name paper-issued off shore | 0 | 0 | 0 |
Bonds etc.-issued in Australia | -.6 | -1.4 | 1.4 |
Bonds etc.-issued off shore | .1 | .1 | .1 |
Derivatives | 0 | 0 | 0 |
Loans and placements | -.1 | 2.5 | 1.9 |
Shares and other equity | 13.4 | -.5 | 3.1 |
Insurance technical reserves | | | |
Net equity of households in reserves | 42.2 | 43.6 | 35.4 |
Unfunded superannuation claims | 10.9 | 9.3 | 3.3 |
Prepayments of premiums and reserves against outstanding | | | |
claims | 3 | 1.5 | 2.4 |
Total insurance technical reserves | 56 | 54.3 | 41.1 |
Other accounts receivable | -2.7 | -1.1 | -6.6 |
Total acquisition of financial assets | 92.4 | 85.4 | 72.4 |
Incurrence of liabilities (including equity) | | | |
Bills of exchange | 2.2 | 1.6 | 2.1 |
One name paper-issued in Australia | 0 | 0 | 0 |
One name paper-issued off shore | 0 | 0 | 0 |
Bonds etc.-issued in Australia | 0 | 0 | 0 |
Bonds etc.-issued off shore | 0 | 0 | 0 |
Derivatives | 0 | 0 | 0 |
Loans and placements | 79.3 | 96.8 | 113.2 |
Other accounts payable | 8.2 | 10.4 | -4.1 |
Total incurrence of liabilities (including equity) | 89.7 | 108.8 | 111.2 |
n.r. not recorded |
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(a) The net errors and omissions item in this table reflects the difference in measurement between the conceptually identical concepts of change in financial position and net lending / net borrowing shown in the sector capital account. | | | |
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