5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2014 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/03/2015   
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MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change
Sep 14
to Dec 14
% change Dec 13 to Dec 14
% points contributions to growth in GDP Sep 14 to Dec 14
% change Sep 14 to Dec 14
% change Dec 13 to Dec 14
% points contributions to growth in GDP Sep 14 to Dec 14
New South Wales
0.1
3.1
-
0.3
3.8
0.1
Victoria
0.3
2.1
0.1
1.6
2.8
0.4
Queensland
-1.0
-2.5
-0.2
-1.0
-3.4
-0.2
South Australia
0.3
1.5
-
0.2
1.7
-
Western Australia
-0.3
-3.1
-
2.1
-1.7
0.3
Tasmania
0.2
1.4
-
-0.1
1.6
-
Northern Territory
2.1
5.3
-
1.0
6.3
-
Australian Capital Territory
0.5
2.2
-
-0.9
1.5
-
Australia (DFD)(a)
-
0.8
-
0.6
1.2
0.6
- nil or rounded to zero (including null cells)
(a) Domestic final demand.



DECEMBER QUARTER

Summary Comments

State Final Demand
  • In trend terms, growth during the quarter was strongest for the Northern Territory (2.1%), followed by the Australian Capital Territory (0.5%). The largest fall was recorded in Queensland (-1.0%), followed by Western Australia (-0.3%). In seasonally adjusted terms, Western Australia recorded the strongest growth at 2.1% while Queensland recorded the largest fall (-1.0%).

Household final consumption expenditure
  • The trend estimate rose in all States, with growth ranging from 0.3% in Western Australia to 1.0% in New South Wales. The seasonally adjusted estimate also rose in all States.

Government final consumption expenditure
  • The trend estimate rose in all States, with growth ranging from 0.2% in the Northern Territory to 1.3% in Western Australia. The seasonally adjusted estimate rose 2.4% in Western Australia, followed by Victoria at 1.6%. The largest fall was in South Australia (-0.8%).

Private gross fixed capital formation
  • In trend terms, the strongest rise was recorded in the Northern Territory (5.9%), followed by Tasmania (1.4%). The largest fall was recorded in Queensland (-3.5%). The seasonally adjusted estimate rose in Western Australia (4.4%) and South Australia (2.1%) due to growth in Non-dwelling construction, while the rise in Victoria (2.1%) was driven by Dwellings.

Public gross fixed capital formation
  • The trend estimate fell in all States, with decreases ranging from a 1.7% fall in the Australian Capital Territory to a 12.2% fall in the Northern Territory. The seasonally adjusted estimate fell in most States driven by decreases in the General Government sector.