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ABOUT THIS ELECTRONIC RELEASE

This electronic release presents quarterly government finance statistics (GFS) on an accrual accounting basis. All tables are presented in GFS operating statement format for the general government sector, with the exception of Table 2 which presents data for the public non-financial corporations sector.

In this issue data for the operating statements for the June quarter 2005 (Tables 3 and 4) are not shown because it would be in advance of the release of the Commonwealth Government's Final Budget Outcome Statement for 2004-05. However, Commonwealth GG data for the June quarter 2005 have been included in the calculation of the All levels of government data (Table 1).

Quarterly GFS are released for the current financial year only. They are preliminary aggregations of public sector data, pending the availability of final annual data for each jurisdiction. Users requiring data for earlier periods should consult Government Finance Statistics, Australia (cat.no. 5512.0). The latest issue (2003-04) was released on 15 April 2005.

Table	Sep 04	Dec 04	Mar 05	Jun 05
Table 1 All levels of Government	*	*	*	*
Table 2 All levels of Government - Public Non-Financial Corporations	*	*	*	*
Table 3 Commonwealth Government	*	*	*
Table 4 Total State and 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 Australia	*	*	*
Table 12 Australian Capital Territory	*	*	*

• In original terms, taxation revenue rose $12,364m to $79,504m.
• The general government GFS Net operating balance, in original terms, rose $3,915m to $10,059m.
• In original terms, the general government GFS Net lending position rose $809m, from $5,676m to $6,485m.

						Mar qtr 2005	Jun qtr 2005	% change Mar qtr 2005 to Jun qtr 2005
						$m	$m	%
Current prices
Taxation revenue
	General government					67,140	79,504	18.4
Total revenue
	General government					81,680	96,157	17.7
	Public Non-Financial corporations					16,313	17,154	5.2
Total expenses
	General government					75,536	86,098	14.0
	Public Non-Financial corporations					15,867	15,040	-5.2
GFS Net operating balance
	General government					6,144	10,059	..
	Public Non-Financial corporations					446	2,114	..
GFS Net lending(+)/borrowing(-)
	General government					5,676	6,485	..
	Public Non-Financial corporations					-361	-318	..

• In seasonally adjusted chain volume terms, total general government final consumption expenditure rose 1.8% in June quarter 2005.
• General government gross fixed capital formation, in seasonally adjusted chain volume terms, rose 1.3% in June quarter 2005.

			Mar qtr 2005	Jun qtr 2005	% change Mar qtr 2005 to Jun qtr 2005
			$m	$m	%
Current Prices
General government final consumption expenditure (a)
	National - defence		3,631	3,812	5.0
	National - non-defence		11,984	12,400	3.5
	Total national		15,615	16,212	3.8
	State and local		23,777	24,347	2.4
	Total general government final consumption expenditure		39,392	40,559	3.0
Public gross fixed capital formation
	General government
		National - defence	271	294	8.6
		National - non-defence	808	537	-33.6
		Total national	1,079	831	-23.0
		State and local	3,886	4,219	8.6
		Total general government	4,966	5,050	1.7
	Public corporations
		Commonwealth	831	829	-0.2
		State and local	2,479	2,609	5.2
		Total public corporations	3,310	3,438	3.9
	Total public gross fixed capital formation		8,275	8,488	2.6
Memorandum item
	Net purchases of second-hand assets by public sector		-84	-296	..
Chain Volume (b)
General government final consumption expenditure (a)
	National - defence		3,667	3,771	2.8
	National - non-defence		11,425	11,732	2.7
	Total national		15,092	15,503	2.7
	State and local		22,514	22,786	1.2
	Total general government final consumption expenditure		37,606	38,289	1.8
Public gross fixed capital formation
	General government
		National - defence	289	320	10.7
		National - non-defence	791	529	-33.1
		Total national	1,080	849	-21.4
		State and local	3,783	4,077	7.8
		Total general government	4,863	4,926	1.3
	Public corporations
		Commonwealth	822	814	-0.9
		State and local	2,403	2,490	3.6
		Total public corporations	3,225	3,304	2.4
	Total public gross fixed capital formation		8,088	8,230	1.8
Memorandum item
	Net purchases of second-hand assets by public sector		-83	-295	..