04/12/2008 Note: The Main Features are being reissued to correct errors in the commentary regarding the Quarterly National Accounts Public Sector Measures - Key Figures. Percentage movements quoted were from the Current Prices table and not from the Chain Volume table.
SEPTEMBER QUARTER 2008 KEY FIGURES: ALL LEVELS OF GOVERNMENT
June quarter 2008 to September quarter 2008 movements (in original terms) -
- Taxation revenue decreased by 19.4% to $76,377m.
- The GFS net operating balance for the general government sector decreased to $-1,887m.
- The GFS net lending(+)/borrowing(-) position for the general government sector decreased to a net lending position of $-5,085m.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT, ORIGINAL
QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES
The table below includes the key public sector aggregates for the September quarter 2008 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 0.6% in the September quarter 2008.
- General government gross fixed capital formation, in seasonally adjusted chain volume terms, increased by 3.9% in the September quarter 2008.
QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED
|
| | | Dec Qtr 2007 | Mar Qtr 2008 | Jun Qtr 2008 | Sep Qtr 2008 | Jun Qtr 2008 to
Sep Qtr 2008 |
| | | $m | $m | $m | $m | % change |
|
Current Prices | | | | | |
General government final consumption expenditure (a) | | | | | |
| National - defence | 4 634 | 4 665 | 4 904 | 4 989 | 1.7 |
| National - non-defence | 15 397 | 15 443 | 15 566 | 15 665 | 0.6 |
| Total national | 20 031 | 20 109 | 20 470 | 20 654 | 0.9 |
| State and local | 29 765 | 30 252 | 31 058 | 31 598 | 1.7 |
| Total general government final consumption expenditure | 49 796 | 50 361 | 51 528 | 52 252 | 1.4 |
| | | | | | | |
Public gross fixed capital formation | | | | | |
| General government | | | | | |
| | National - defence | 456 | 1 158 | 699 | 995 | 42.3 |
| | National - non-defence | 1 031 | 819 | 999 | 921 | -7.8 |
| | Total national | 1 487 | 1 977 | 1 698 | 1 916 | 12.8 |
| | State and local | 5 753 | 5 559 | 6 395 | 6 462 | 1 |
| | Total general government | 7 240 | 7 536 | 8 093 | 8 377 | 3.5 |
| | | | | | | |
| Public corporations | | | | | |
| | Commonwealth | 279 | 313 | 214 | 301 | 40.3 |
| | State and local | 4 726 | 4 973 | 5 186 | 5 519 | 6.4 |
| | Total public corporations | 5 005 | 5 285 | 5 400 | 5 819 | 7.8 |
| | | | | | | |
| Total public gross fixed capital formation | 12 245 | 12 821 | 13 492 | 14 197 | 5.2 |
| | | | | | | |
Memorandum item | | | | | |
| Net purchases of second-hand assets by public sector | -474 | -135 | -410 | -155 | .. |
|
Chain Volume (b) | | | | | |
General government final consumption expenditure (a) | | | | | |
| National - defence | 4 554 | 4 517 | 4 586 | 4 554 | -0.7 |
| National - non-defence | 14 706 | 14 745 | 14 790 | 14 899 | 0.7 |
| Total national | 19 259 | 19 263 | 19 376 | 19 452 | 0.4 |
| State and local | 28 770 | 29 065 | 29 457 | 29 666 | 0.7 |
| Total general government final consumption expenditure | 48 029 | 48 327 | 48 833 | 49 119 | 0.6 |
| | | | | | | |
Public gross fixed capital formation | | | | | |
| General government | | | | | |
| | National - defence | 481 | 1 175 | 719 | 1 028 | 42.9 |
| | National - non-defence | 1 021 | 830 | 990 | 915 | -7.5 |
| | Total national | 1 502 | 2 005 | 1 709 | 1 943 | 13.7 |
| | State and local | 5 597 | 5 367 | 6 086 | 5 994 | -1.5 |
| | Total general government | 7 099 | 7 372 | 7 795 | 7 938 | 1.8 |
| | | | | | | |
| Public corporations | | | | | |
| | Commonwealth | 274 | 302 | 204 | 289 | 41.7 |
| | State and local | 4 615 | 4 785 | 4 884 | 5 162 | 5.7 |
| | Total public corporations | 4 889 | 5 087 | 5 089 | 5 451 | 7.1 |
| | | | | | | |
| Total public gross fixed capital formation | 11 988 | 12 459 | 12 884 | 13 389 | 3.9 |
| | | | | | | |
Memorandum item | | | | | |
| Net purchases of second-hand assets by public sector | -474 | -143 | -388 | -153 | .. |
|
(a) See paragraph 32 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2006-07.
SEPTEMBER QUARTER 2008 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 2008 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 2007-08 are scheduled for release by the ABS in April 2009 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 (2006-07) was released on 15 April 2008.
RELEASE OF QUARTERLY GFS THIS ISSUE
Table | Sep 07 | Dec 07 | Mar 08 | Jun 08 | Sep 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 | * | * | * | * | |
| | | | | |
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 quarters 2008 and March 2009 issues are:
Issue | 5519.0.55.001 | 5206.0 |
December 2008 | 3 March 2009 | 4 March 2009 |
March 2009 | 2 June 2009 | 3 June 2009 |
| | |
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 Katrina Watts on Canberra (02) 6252 5555, email <public.finance@abs.gov.au>.