Appendix 1 - Part A - Government finance statistics classifications framework
Institutional sector classification
A1A.1.
The institutional sector classification (INST) used in Australia's Government Finance Statistics (GFS) system is a standard classification which defines institutional sectors that are also included in the standard economic sector classifications of Australia (SESCA). An institutional sector groups together similar kinds of institutional units according to the nature of the economic activity they undertake. The general government sector, public non-financial corporation sector, and public financial corporation sector equate to the total public sector. The INST is shown in Table A1A.1 below
INST | Descriptor |
|---|---|
100 | Public non-financial corporations |
200 | Public financial corporations |
300 | General government |
Level of government classification
A1A.2.
The level of government classification (LOG) used in Australia's GFS system is a standard Australian Bureau of Statistics (ABS) classification that is included in the SESCA. This classification divides the total public sector into three tiers of government to reflect the administrative and legal arrangements of government in Australia for output purposes. Although conceptually control not further defined is not a level of government by convention, this has been allocated as a level of government in the Australian GFS classification system. The corresponding levels of the total public sector in Australia are described in Table A1A.2.
LOG | Descriptor |
|---|---|
1 | Commonwealth |
2 | State / Territory¹ |
3 | Local |
4 | Control not further defined² |
¹ Includes Norfolk Island.
² Includes public universities.
Jurisdiction classification
A1A.3.
The jurisdiction classification (JUR) further divides the total public sector into classes based on the government which exercises control over a particular institutional unit. The classes refer to the governments of the Commonwealth and the individual Australian states and territories and are called jurisdictions. In this context, the term 'jurisdiction' is indicative of the public sector units over which the Commonwealth Government or an individual state or territory government has direct control or (in the case of local government authorities) the government which administers the legislation under which the authority is established. The categories making up the jurisdiction classification (JUR) are shown in Table A1A.3 below.
JUR | Descriptor |
|---|---|
0 | Commonwealth |
1 | New South Wales |
2 | Victoria |
3 | Queensland |
4 | South Australia |
5 | Western Australia |
6 | Tasmania |
7 | Northern Territory |
8 | Australian Capital Territory |
9 | Norfolk Island |
The source destination classification
A1A.4.
The source destination classification (SDC) is a classification that is used for the identification of the sector that is the source or destination of transactions in, and stocks of, assets and liabilities in the Australian GFS. The SDC identifies the source of the funds if a transaction is an operating revenue or a cash receipt, and the destination of the funds if the transaction is an operating expense or a cash payment. For balance sheet items, the SDC identifies the sector in which a financial asset is held and the sector to which a liability is owed. The SDC is shown in Table A1A.4 below.
SDC | Descriptor |
|---|---|
110 | Commonwealth public non-financial corporations |
120 | Commonwealth public financial corporations |
130 | Commonwealth general government |
21j | State / territory public non-financial corporations |
22j | State / territory public financial corporations |
23j | State / territory general government |
31j | Local public non-financial corporations |
32j | Local public financial corporations |
33j | Local general government |
41j | Control not further defined public non-financial corporations |
42j | Control not further defined public financial corporations |
43j | Control not further defined general government |
911 | Resident private non-financial corporations |
912 | Resident private depository corporations |
913 | Resident households |
914 | Resident non-profit institutions serving households |
915 | Other resident private financial corporations |
919 | Residents not elsewhere classified |
921 | Non-resident private depository corporations |
929 | Non-residents not elsewhere classified |
Please note: j denotes the state / territory of jurisdiction.