SEPTEMBER QUARTER 2011 KEY FIGURES: ALL LEVELS OF GOVERNMENT


In the September quarter 2011 –

• Taxation revenue decreased 15.4% to $83,035m.
• General government sector expenditure exceeded revenue resulting in a GFS net operating balance of –$20,866m.
• The GFS net lending(+)/borrowing(–) position for the general government sector was –$24,381m.

			June Qtr 2011	Sept Qtr 2011	June Qtr 2011 to Sept Qtr 2011
			$m	$m	% change
Current Prices
Taxation revenue
	General government		98 157	83 035	–15.4
Total revenue
	General government		122 587	105 089	–14.3
	Public Non–Financial corporations		20 029	18 838	– 5.9
Total expenses
	General government		127 510	125 955	– 1.2
	Public Non–Financial corporations		21 752	18 379	–15.5
GFS Net operating balance
	General government		– 4 922	–20 866	..
	Public Non–Financial corporations		–1 723	459	..
GFS Net lending(+)/borrowing(–)
	General government		–14 395	– 24 381	..
	Public Non–Financial corporations		– 5 556	– 2 784	..

QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES – KEY FIGURES

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

• In seasonally adjusted chain volume terms, total general government final consumption expenditure decreased by $705m, a decrease of 1.2% compared with June quarter 2011.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, decreased by 7.3%.

			Dec Qtr 2010	Mar Qtr 2011	Jun Qtr 2011	Sep Qtr 2011	Jun Qtr 2011 to Sep Qtr 2011
			$m	$m	$m	$m	% change
Current Prices
General government final consumption expenditure (a)			5 733	6 098	6 236	5 963	-4.4
	National – defence		18 603	18 495	18 492	17 845	-3.5
	National – non-defence		24 336	24 593	24 728	23 807	-3.7
	Total national		37 841	37 639	38 544	38 300	-0.6
	State and local
	Total general government final consumption expenditure		62 177	62 231	63 272	62 108	-1.8
Public gross fixed capital formation
	General government
		National – defence	1 948	1 645	2 229	1 924	-13.7
		National – non–defence	2 381	3 040	2 228	2 527	13.4
		Total national	4 329	4 685	4 457	4 452	-0.1
		State and local	10 457	9 963	10 027	8 783	-12.4
		Total general government	14 787	14 648	14 484	13 234	-8.6
	Public corporations
		Commonwealth	374	547	548	619	13.0
		State and local	5 835	5 521	5 451	5 063	-7.1
		Total public corporations	6 209	6 068	5 999	5 682	-5.3
	Total public gross fixed capital formation		20 995	20 716	20 483	18 916	-7.7
Memorandum item
	Net purchases of second–hand assets by public sector		-60	-61	-344	-125	..
Chain Volume (b)
General government final consumption expenditure (a)
	National – defence		5 668	5 991	6 096	5 851	-4.0
	National – non-defence		18 045	18 053	18 035	17 722	-1.7
	Total national		23 714	24 044	24 131	23 573	-2.3
	State and local		36 074	36 140	36 608	36 461	-0.4
	Total general government final consumption expenditure		59 788	60 184	60 739	60 034	-1.2
Public gross fixed capital formation
	General government
		National – defence	2 093	1 778	2 448	2 140	-12.6
		National – non-defence	2 361	2 999	2 190	2 605	18.9
		Total national	4 453	4 777	4 638	4 745	2.3
		State and local	10 285	9 782	9 703	8 548	-11.9
		Total general government	14 738	14 559	14 341	13 293	-7.3
	Public corporations
		Commonwealth	380	554	557	633	13.5
		State and local	5 772	5 435	5 327	4 952	-7.0
		Total public corporations	6 151	5 989	5 884	5 585	-5.1
	Total public gross fixed capital formation		20 890	20 548	20 225	18 877	-6.7
Memorandum item
	Net purchases of second–hand assets by public sector		-61	-62	-346	-130	..

(a) See paragraph 37 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2009–10.


SEPTEMBER 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 on 17 April 2012.

Table	Sep 10	Dec 10	Mar 11	Jun 11	Sep 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
December 2011 March 2012	6 March 2012 5 June 2012	7 March 2012 6 June 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>