SEPTEMBER QUARTER 2007 KEY FIGURES: ALL LEVELS OF GOVERNMENT

June quarter 2007 to September quarter 2007 movements (in original terms) -

• Taxation revenue decreased by 15.5% to $75,814m.
• The GFS net operating balance for the general government sector decreased to 2,241m.
• The GFS net lending(+)/borrowing(-) position for the general government sector decreased to a net lending position of $314m.

			Jun Qtr 2007	Sep Qtr 2007	Jun Qtr 2007 to Sep Qtr 2007
			$m	$m	% change
Current Prices
Taxation revenue
	General government		89,698	75,814	-15.5
Total revenue
	General government		109,673	93,567	-14.7
	Public Non-Financial corporations		15,891	13,241	-16.7
Total expenses
	General government		95,617	91,326	-4.5
	Public Non-Financial corporations		13,929	11,876	-14.7
GFS Net operating balance
	General government		14,056	2,241	..
	Public Non-Financial corporations		1,962	1,366	..
GFS Net lending(+)/borrowing(-)
	General government		9,393	314	..
	Public Non-Financial corporations		-2,417	-1,432	..

QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the September quarter 2007 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 seasonally adjusted chain volume terms, total general government final consumption expenditure increased by 1.0% in the September quarter 2007.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, decreased by 4.6% in the September quarter 2007.

			Jun Qtr 2007	Sep Qtr 2007	Jun Qtr 2007 to Sep Qtr 2007
			$m	$m	% change
Current Prices
General government final consumption expenditure (a)
	National - defence		4,175	4,189	0.3
	National - non-defence		14,642	14,987	2.4
	Total national		18,818	19,176	1.9
	State and local		29,909	30,402	1.6
	Total general government final consumption expenditure		48,727	49,577	1.7
Public gross fixed capital formation
	General government
		National - defence	460	449	-2.3
		National - non-defence	1,268	1,006	-20.7
		Total national	1,728	1,455	-15.8
		State and local	5,061	5,080	0.4
		Total general government	6,789	6,535	-3.7
	Public corporations
		Commonwealth	238	245	2.9
		State and local	4,504	4,546	0.9
		Total public corporations	4,742	4,791	1.0
	Total public gross fixed capital formation		11,531	11,327	-1.8
Memorandum item
	Net purchases of second-hand assets by public sector		-482	-247	..
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		3,914	3,927	0.3
	National - non-defence		13,834	14,007	1.2
	Total national		17,748	17,934	1.0
	State and local		27,544	27,828	1.0
	Total general government final consumption expenditure		45,292	45,762	1.0
Public gross fixed capital formation
	General government
		National - defence	462	453	-1.9
		National - non-defence	1,302	1,029	-21.0
		Total national	1,764	1,482	-16.0
		State and local	4,921	4,893	-0.6
		Total general government	6,685	6,376	-4.6
	Public corporations
		Commonwealth	214	221	3.5
		State and local	4,150	4,202	1.3
		Total public corporations	4,363	4,423	1.4
	Total public gross fixed capital formation		11,048	10,799	-2.3
Memorandum item
	Net purchases of second-hand assets by public sector		-475	-244	. .

(a) See paragraph 33 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2004-05.


SEPTEMBER QUARTER 2007 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.

In the September quarter, data are presented for the quarters of the previous financial year in addition to that for the current quarter. No September 2007 quarter data for the individual state and territory jurisdictions are presented. It should be noted that the quarterly ABS GFS data, including that presented in this publication, are based on preliminary data provided by jurisdictions throughout the year. For this reason, the four quarters of the previous financial year will not necessarily sum to the final financial year results recently released by some jurisdictions. Final annual GFS data for 2006-07 are scheduled for release by the ABS in April 2008, in Government Finance Statistics, Australia (cat.no. 5512.0).

Users requiring data for earlier periods should consult Government Finance Statistics, Australia (cat.no. 5512.0). The latest issue (2005-06) was released on 3 April 2007.

Table	Sept 06	Dec 06	Mar 07	June 07	Sept 07
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	*	*	*	*

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 December quarter 2007 and March quarter 2008 issues are:

Issue	5519.0.55.001	5206.0
December 2007	4 March 2008	5 March 2008
March 2008	3 June 2008	4 June 2008

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 Glynis Orrell on Canberra (02) 6252 5735, email <public.finance@abs.gov.au>.