DECEMBER QUARTER 2008 KEY FIGURES: ALL LEVELS OF GOVERNMENT
September quarter 2008 to December quarter 2008 movements (in original terms) -
- Taxation revenue increased by 16.5% to $89,113m.
- The GFS net operating balance for the general government sector decreased to $-3,460m.
- The GFS net lending(+)/borrowing(-) position for the general government sector decreased to a net borrowing position of $-7,266m.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT, ORIGINAL
QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES
The table below includes the key public sector aggregates for the December quarter 2008 from the national accounts publication. The key figures shown include Government Final Consumption Expenditure and Gross Fixed Capital Formation for general government and public corporations, seasonally adjusted for current prices and in chain volume terms.
In the December quarter 2008:
- In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by $11m, a neglible increase in percentage terms.
- General government gross fixed capital formation, in seasonally adjusted chain volume terms, decreased by 3.6%.
QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED
|
| | | Mar Qtr 2008 | Jun Qtr 2008 | Sep Qtr 2008 | Dec Qtr 2008 | Sep Qtr 2008 to
Dec Qtr 2008 |
| | | $m | $m | $m | $m | % change |
|
Current Prices | | | | | |
General government final consumption expenditure (a) | | | | | |
| National - defence | 4 670 | 4 899 | 4975 | 4733 | -4.9 |
| National - non-defence | 15 449 | 15 633 | 15 786 | 15 926 | 0.9 |
| Total national | 20 119 | 20 532 | 20 761 | 20 659 | -0.5 |
| State and local | 30 252 | 31 039 | 31 587 | 32 075 | 1.5 |
| Total general government final consumption expenditure | 50 371 | 51 572 | 52 348 | 52 734 | 0.7 |
| | | | | | | |
Public gross fixed capital formation | | | | | |
| General government | | | | | |
| | National - defence | 1 145 | 680 | 784 | 585 | -25.4 |
| | National - non-defence | 855 | 998 | 938 | 836 | -10.9 |
| | Total national | 2 000 | 1 677 | 1 722 | 1 421 | -17.5 |
| | State and local | 5 611 | 6 337 | 6 225 | 6 369 | 2.3 |
| | Total general government | 7 611 | 8 015 | 7 947 | 7 790 | -2.0 |
| | | | | | | |
| Public corporations | | | | | |
| | Commonwealth | 310 | 217 | 304 | 354 | 16.5 |
| | State and local | 4 963 | 5 149 | 5 637 | 5 787 | 2.7 |
| | Total public corporations | 5 272 | 5 366 | 5 941 | 6 140 | 3.4 |
| | | | | | | |
| Total public gross fixed capital formation | 12 883 | 13 381 | 13 888 | 13 930 | 0.3 |
| | | | | | | |
Memorandum item | | | | | |
| Net purchases of second-hand assets by public sector | -135 | -410 | -169 | -402 | .. |
|
Chain Volume (b) | | | | | |
General government final consumption expenditure (a) | | | | | |
| National - defence | 4 522 | 4 589 | 4 555 | 4 306 | -5.5 |
| National - non-defence | 14 752 | 14 826 | 14 928 | 15 014 | 0.6 |
| Total national | 19 274 | 19 414 | 19 483 | 19 320 | -0.8 |
| State and local | 29 064 | 29 446 | 29 655 | 29 828 | 0.6 |
| Total general government final consumption expenditure | 48 339 | 48 860 | 49 138 | 49 149 | 0.0 |
| | | | | | | |
Public gross fixed capital formation | | | | | |
| General government | | | | | |
| | National - defence | 1 162 | 699 | 813 | 600 | -26.1 |
| | National - non-defence | 866 | 988 | 930 | 815 | -12.4 |
| | Total national | 2 028 | 1 688 | 1 743 | 1 415 | -18.8 |
| | State and local | 5 417 | 6 033 | 5 773 | 5 831 | 1.0 |
| | Total general government | 7 445 | 7 720 | 7 516 | 7 247 | -3.6 |
| | | | | | | |
| Public corporations | | | | | |
| | Commonwealth | 299 | 207 | 292 | 336 | 14.8 |
| | State and local | 4 776 | 4 851 | 5 196 | 5 222 | 0.5 |
| | Total public corporations | 5 075 | 5 057 | 5 488 | 5 558 | 1.3 |
| | | | | | | |
| Total public gross fixed capital formation | 12 520 | 12 777 | 13 004 | 12 804 | -1.5 |
| | | | | | | |
Memorandum item | | | | | |
| Net purchases of second-hand assets by public sector | -143 | -388 | -167 | -386 | .. |
|
(a) See paragraph 32 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2006-07.
DECEMBER QUARTER 2008 GFS RELEASE
This release presents quarterly government finance statistics (GFS) on an accrual accounting basis. All tables are presented in GFS operating statement format and are for the general government sector, with the exception of Table 2 which presents data for the public non-financial corporations sector.
Quarterly GFS are released for the current financial year only, other than in the September quarter, when the quarters of the previous financial year are presented. Users requiring data for earlier periods should consult Government Finance Statistics, Australia (cat.no. 5512.0). The latest issue (2006-07) was released on 15 April 2008. Final annual GFS results for 2007-08 are scheduled for release by the ABS on 14 April 2009.
RELEASE OF QUARTERLY GFS THIS ISSUE
FORTHCOMING ISSUES
The release of GFS quarterly data is usually coordinated to be the day before the respective issue of Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0). The scheduled release dates for the March and June quarter 2009 issues are:
| | |
Issue | 5519.0.55.001 | 5206.0 |
March 2009 | 2 June 2009 | 3 June 2009 |
June 2009 | 1 September 2009 | 2 September 2009 |
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, email <client.services@abs.gov.au> or Mark Patton on Canberra (02) 6252 7926, email <public.finance@abs.gov.au>.