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ABOUT THIS ELECTRONIC RELEASE

This electronic release presents quarterly government finance statistics (GFS) on an accrual accounting basis. All tables are presented in GFS operating statement format 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 year are presented.

Table	Sept 05	Dec 05
Table 1 All levels of Government - General Government	*	*
Table 2 All Levels of Government - Public Non-Financial Corporations	*	*
Table 3 Commonwealth Government	*	*
Table 4 Total State & Local	*	*
Table 5 New South Wales	*
Table 6 Victoria	*
Table 7 Queensland	*
Table 8 South Australia	*
Table 9 Western Australia	*
Table 10 Tasmania	*
Table 11 Northern Territory	*
Table 12 Australian Capital Territory	*

• In original terms, taxation revenue increased by $10,093 m to $76,155m.
• The General government GFS Net operating balance, in original terms, increased by $4,459m to $6,599m.
• In original terms, the General government GFS Net lending position increased by $2,844m, from $1,929m to $4,773m.

						Sept qtr 2005	Dec qtr 2005	% change Sept qtr 2005 to Dec qtr 2005
						$m	$m	%
Current prices
Taxation revenue
	General government					66,062	76,155	15.3
Total revenue
	General government					82,525	89,945	9.0
	Public Non-Financial corporations					17,097	18,292	7.0
Total expenses
	General government					80,385	83,346	3.7
	Public Non-Financial corporations					17,615	16,211	-8.0
GFS Net operating balance
	General government					2,140	6,599	..
	Public Non-Financial corporations					-518	2,081	..
GFS Net lending(+)/borrowing(-)
	General government					1,929	4,773	..
	Public Non-Financial corporations					-1,715	7	..

• In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by 2.7% in December quarter 2005.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, decreased by 8.0% in December quarter 2005.

			Sept qtr 2005	Dec qtr 2005	% change Sept qtr 2005 to Dec qtr 2005
			$m	$m	%
Current Prices
General government final consumption expenditure (a)
	National - defence		3,716	4,049	9.0
	National - non-defence		13,420	14,276	6.4
	Total national		17,136	18,325	6.9
	State and local		25,391	25,772	1.5
	Total general government final consumption expenditure		42,527	44,097	3.7
Public gross fixed capital formation
	General government
		National - defence	304	244	-19.8
		National - non-defence	808	811	0.3
		Total national	1,112	1,054	-5.2
		State and local	3,907	3,588	-8.2
		Total general government	5,019	4,643	-7.5
	Public corporations
		Commonwealth	836	1,113	33.2
		State and local	2,719	2,945	8.3
		Total public corporations	3,555	4,059	14.2
	Total public gross fixed capital formation		8,574	8,701	1.5
Memorandum item
	Net purchases of second-hand assets by public sector		-170	-175	..
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		3,635	3,967	9.1
	National - non-defence		12,351	12,936	4.7
	Total national		15,986	16,902	5.7
	State and local		23,480	23,646	0.7
	Total general government final consumption expenditure		39,466	40,548	2.7
Public gross fixed capital formation
	General government
		National - defence	348	280	-19.4
		National - non-defence	817	818	0.1
		Total national	1,165	1,098	-5.7
		State and local	3,773	3,443	-8.7
		Total general government	4,938	4,542	-8.0
	Public corporations
		Commonwealth	845	1,129	33.5
		State and local	2,578	2,771	7.5
		Total public corporations	3,424	3,899	13.9
	Total public gross fixed capital formation		8361	8441	1.0
Memorandum item
	Net purchases of second-hand assets by public sector		-170	-169	..