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08/09/2008 Note: The Main Features are being reissued to correct two errors. The first error is in the table GFS KEY FIGURES, the column headings refer to Mar Qrt 2007 instead of Mar Qrt 2008. The second is a data error in the table QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED, in the second spanner headed Chain Volume the data for Mar Qtr Total public corporations the figure published as 4 842 should be 4 832.


JUNE QUARTER 2008 KEY FIGURES: ALL LEVELS OF GOVERNMENT

March quarter 2008 to June quarter 2008 movements (in original terms) -

• Taxation revenue increased by 8.7% to $94,788m.
• The GFS net operating balance for the general government sector decreased to $7,569m.
• The GFS net lending(+)/borrowing(-) position for the general government sector decreased to a net lending position of $900m.

			Mar Qtr 2008	Jun Qtr 2008	Mar Qtr 2008 to Jun Qtr 2008
			$m	$m	% change
Current Prices
Taxation revenue
	General government		87 169	94 788	8.7
Total revenue
	General government		103 173	115 104	11.6
	Public Non-Financial corporations		14 679	14 804	0.9
Total expenses
	General government		93 731	107 535	14.7
	Public Non-Financial corporations		12 574	13 471	7.1
GFS Net operating balance
	General government		9 443	7 569	..
	Public Non-Financial corporations		2 105	1 334	..
GFS Net lending(+)/borrowing(-)
	General government		6 916	900	..
	Public Non-Financial corporations		-763	-3 246	..

• In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by 1.2% in the June quarter 2008.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, increased by 3.1% in the June quarter 2008.

			Sept Qtr 2007	Dec Qtr 2007	Mar Qtr 2008	Jun Qtr 2008	Mar Qtr 2008 to Jun Qtr 2008
			$m	$m	$m	$m	% change
Current Prices
General government final consumption expenditure (a)
	National - defence		4 293	4 604	4 626	4 862	5.1
	National - non-defence		14 887	15 415	15 471	15 676	1.3
	Total national		19 180	20 020	20 097	20 538	2.2
	State and local		29 257	29 624	30 097	30 837	2.5
	Total general government final consumption expenditure		48 437	49 644	50 194	51 375	2.4
Public gross fixed capital formation
	General government
		National - defence	353	319	925	491	-46.9
		National - non-defence	1 059	1 138	1 134	1 245	9.8
		Total national	1 413	1 457	2 059	1 736	-15.7
		State and local	5 015	5 727	5 616	6 396	13.9
		Total general government	6 428	7 184	7 675	8 131	5.9
	Public corporations
		Commonwealth	240	268	302	208	-31.3
		State and local	4 682	4 712	4 922	5 104	3.7
		Total public corporations	4 921	4 980	5 225	5 311	1.7
	Total public gross fixed capital formation		11 349	12 164	12 900	13 443	4.2
Memorandum item
	Net purchases of second-hand assets by public sector		-197	-285	-155	-415	..
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		4 056	4 339	4 275	4 383	2.5
	National - non-defence		13 986	14 139	14 203	14 276	0.5
	Total national		18 042	18 479	18 478	18 659	1.0
	State and local		27 245	27 454	27 724	28 087	1.3
	Total general government final consumption expenditure		45 288	45 933	46 202	46 746	1.2
Public gross fixed capital formation
	General government
		National - defence	394	367	1 022	553	-45.9
		National - non-defence	1 055	1 124	1 144	1 226	7.1
		Total national	1 449	1 491	2 166	1 779	-17.9
		State and local	4 799	5 414	5 269	5 890	11.8
		Total general government	6 248	6 905	7 435	7 669	3.1
	Public corporations
		Commonwealth	225	254	288	194	-32.6
		State and local	4 326	4 387	4 543	4 693	3.3
		Total public corporations	4 551	4 641	4 832	4 888	1.2
	Total public gross fixed capital formation		10 800	11 546	12 267	12 557	2.4
Memorandum item
	Net purchases of second-hand assets by public sector		-194	-283	-160	-401	..

Table	Sept 07	Dec 07	Mar 08	Jun 08
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	*	*	*