JUNE QUARTER 2011 KEY FIGURES: ALL LEVELS OF GOVERNMENT


In the June quarter 2011 –

• Taxation revenue increased 10.1% to $98,154m.
• General government sector expenditure exceeded revenue resulting in a GFS net operating balance of -$6,304m.
• The GFS net lending(+)/borrowing(–) position for the general government sector was -$16,249m.

			Mar Qtr 2011	Jun Qtr 2011	Mar Qtr 2011 to Jun Qtr 2011
			$m	$m	% change
Current Prices
Taxation revenue
	General government		89 176	98 154	10.1
Total revenue
	General government		110 179	121 879	10.6
	Public Non–Financial corporations		16 941	19 543	15.4
Total expenses
	General government		117 742	128 183	8.9
	Public Non–Financial corporations		15 962	21 516	34.8
GFS Net operating balance
	General government		-7 563	-6 304	..
	Public Non–Financial corporations		979	-1 973	..
GFS Net lending(+)/borrowing(–)
	General government		-12 284	-16 249	..
	Public Non–Financial corporations		1 673	-5 566	..

QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the March quarter 2011 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 June quarter 2011:

• In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by $507m, a rise of 0.9% compared with March quarter 2011.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, decreased by 2.8%.

			Sep Qtr 2010	Dec Qtr 2010	Mar Qtr 2011	Jun Qtr 2011	Mar Qtr 2011 to Jun Qtr 2011
			$m	$m	$m	$m	% change
Current Prices
General government final consumption expenditure (a)
	National - defence		5 705	5 811	6 065	6 228	2.7
	National - non-defence		18 156	18 454	18 664	18 786	0.7
	Total national		23 861	24 265	24 729	25 015	1.2
	State and local		38 095	37 814	37 782	38 789	2.7
	Total general government final consumption expenditure
			61 956	62 079	62 511	63 804	2.1
Public gross fixed capital formation
	General government
		National - defence
		National - non-defence	2 033	2 016	1 667	2 189	31.3
		Total national	2 100	2 322	3 152	2 411	-23.5
		State and local	4 133	4 339	4 818	4 600	-4.5
		Total general government	10 225	10 383	10 045	9 797	-2.5
			14 358	14 722	14 864	14 397	-3.1
	Public corporations
		Commonwealth	392	408	523	513	-2.0
		State and local	5 839	5 830	5 714	5 408	-5.4
		Total public corporations	6 231	6 238	6 237	5 920	-5.1
	Total public gross fixed capital formation		20 588	20 960	21 101	20 317	-3.7
Memorandum item
	Net purchases of second-hand assets by public sector		-218	-167	-135	-349	..
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		5 675	5 751	5 955	6 091	2.3
	National - non-defence		17 109	17 233	17 118	17 064	-0.3
	Total national		22 784	22 984	23 073	23 155	0.4
	State and local		35 104	35 256	35 651	36 076	1.2
	Total general government final consumption expenditure		57 887	58 241	58 725	59 232	0.9
Public gross fixed capital formation
	General government
		National - defence	2 419	2 414	1 988	2 685	35.1
		National - non-defence	2 135	2 333	3 165	2 396	-24.3
		Total national	4 554	4 748	5 153	5 081	-1.4
		State and local	10 360	10 488	10 169	9 811	-3.5
		Total general government	14 914	15 236	15 322	14 893	-2.8
	Public corporations
		Commonwealth	409	429	549	543	-1.0
		State and local	5 819	5 757	5 608	5 231	-6.7
		Total public corporations	6 229	6 187	6 157	5 774	-6.2
	Total public gross fixed capital formation		21 143	21 423	21 479	20 667	-3.8
Memorandum item
	Net purchases of second-hand assets by public sector		-190	-84	-58	-147	..

(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.


JUNE QUARTER 2011 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 (2009-10) was released on 5 July 2011. Final annual GFS results for 2010-11 are scheduled for release by the ABS in April 2012.

Table	Sep 10	Dec 10	Mar 11	Jun 11
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 began in late December 2010 in Queensland and was more extensive in Queensland and other states in January 2011. In the March quarter 2011 the Commonwealth Government grant payments to the states under the National Disaster Relief Recovery Arrangements were offset by a fall in the other grant payments to the states.


PRIVATISATIONS

Privatisations of some activities occurred during the March quarter 2011. Prior to privatisation these activities were included in the Public Non-Financial Corporations sector in Government Finance Statistics. From the privatisation date, these activities are in-scope of the relevant ABS surveys of the private sector.

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
September 2011	6 December 2011	7 December 2011
December 2011	6 March 2012	7 March 2012

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>