DECEMBER QUARTER 2010 KEY FIGURES: ALL LEVELS OF GOVERNMENT

In the December quarter 2010 -

• Taxation revenue increased 21.3% to $93,550m.
• The GFS net operating balance for the general government sector was -$6,629m.
• The GFS net lending(+)/borrowing(-) position for the general government sector was -$13,489m.

			Sep Qtr 2010	Dec Qtr 2010	Sep Qtr 2010 to Dec Qtr 2010
			$m	$m	% change
Current Prices
Taxation revenue
	General government		77 104	93 550	21.3
Total revenue
	General government		97 753	114 263	16.9
	Public Non-Financial corporations		18 511	18 000	-2.8
Total expenses
	General government		118 295	120 892	2.2
	Public Non-Financial corporations		17 059	16 851	-1.2
GFS Net operating balance
	General government		-20 542	-6 629	..
	Public Non-Financial corporations		1 452	1 149	..
GFS Net lending(+)/borrowing(-)
	General government		-24 719	-13 489	..
	Public Non-Financial corporations		-1 089	-2 605	..

QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the December quarter 2010 which will be included in the Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0). The key figures shown include Government Final Consumption Expenditure and Gross Fixed Capital Formation for general government and public corporations, seasonally adjusted in current prices and chain volume terms.

In the December quarter 2010:

• In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by $618m, a rise of 1.1% compared with September quarter 2010.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, increased by 0.3%.

			Mar Qtr 2010	Jun Qtr 2010	Sep Qtr 2010	Dec Qtr 2010	Sep Qtr 2010 to Dec Qtr 2010
			$m	$m	$m	$m	% change
Current Prices
General government final consumption expenditure (a)
	National - defence		5 008	5 415	5 695	5 802	1.9
	National - non-defence		18 102	18 236	17 922	18 116	1.1
	Total national		23 111	23 651	23 617	23 918	1.3
	State and local		36 102	36 896	37 836	37 711	-0.3
	Total general government final consumption expenditure		59 213	60 547	61 453	61 629	0.3
Public gross fixed capital formation
	General government
		National - defence	2 205	1 943	1 989	1 985	-0.2
		National - non-defence	2 193	2 569	2 087	2 091	0.2
		Total national	4 398	4 513	4 076	4 076	—
		State and local	10 713	10 146	10 247	10 311	0.6
		Total general government	15 111	14 659	14 323	14 387	0.4
	Public corporations
		Commonwealth	386	309	393	407	3.6
		State and local	6 080	5 829	5 852	5 842	-0.2
		Total public corporations	6 466	6 139	6 245	6 249	0.1
	Total public gross fixed capital formation		21 577	20 798	20 568	20 636	0.3
Memorandum item
	Net purchases of second-hand assets by public sector		-178	-134	-240	-121	..
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		5 048	5 414	5 698	5 716	0.3
	National - non-defence		16 609	16 712	16 996	17 371	2.2
	Total national		21 656	22 126	22 693	23 087	1.7
	State and local		34 728	35 172	34 931	35 155	0.6
	Total general government final consumption expenditure		56 384	57 299	57 624	58 242	1.1
Public gross fixed capital formation
	General government
		National - defence	2 528	2 271	2 317	2 302	-0.6
		National - non-defence	2 243	2 649	2 131	2 135	0.2
		Total national	4 770	4 920	4 447	4 437	-0.2
		State and local	10 932	10 372	10 414	10 464	0.5
		Total general government	15 702	15 292	14 861	14 901	0.3
	Public corporations
		Commonwealth	406	323	408	425	4.2
		State and local	6 216	5 956	5 942	5 927	-0.3
		Total public corporations	6 621	6 279	6 350	6 352	—
	Total public gross fixed capital formation		22 323	21 571	21 211	21 253	0.2
Memorandum item
	Net purchases of second-hand assets by public sector		-183	-136	-246	-124	..

(a) See paragraph 35 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2008-09.



DECEMBER QUARTER 2010 GFS RELEASE

This release presents quarterly government finance statistics 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 (2008-09) was released on 27 April 2010. Final annual GFS results for 2009-10 are scheduled for release by the ABS on 12 April 2011.

Table	Sep 10	Dec 10
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	*

IMPACT OF THE FLOODS

Flooding in Queensland began in late December 2010. Data collection and processing for the data in this publication were not disrupted. It is expected that the economic impact of floods/cyclone in Queensland and other states, if any, will be reflected in the forthcoming issues of this publication.

PRIVATISATIONS

Privatisations occurred during December 2010 quarter. The privatised entities were included in the scope of the public sector and Government Finance Statistics as Public Non-Financial Corporations prior to privatisation. From the privatisation date they have moved to the private sector and will be captured in ABS business survey collections.

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 next two issues are:

Issue	5519.0.55.001	5206.0
March 2011	31 May 2011	1 June 2011
June 2011	6 September 2011	7 September 2011

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 Larissa Fischer on Canberra (02) 6252 5392, email <public.finance@abs.gov.au>