1367.5 - Western Australian Statistical Indicators, Dec 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/01/2008   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

State accounts STATE ACCOUNTS


State final demand in Western Australia rose 2.0% ($610 million) to $30,972 million in trend chain volume terms in the September quarter 2007. This followed higher growth in the previous two quarters of 3.3% in the March quarter 2007 and 3.0% in the June quarter 2007. Despite the deceleration, growth in Western Australia's state final demand in the September quarter was the highest among the states and territories, ahead of Queensland (1.6%), New South Wales (0.9%) and Victoria (0.9%). Nationally, domestic final demand grew 1.2%.

STATE FINAL DEMAND, Chain volume measures - Change from previous quarter
Graph: State Final Demand, chain volume measures, change from previous quarter

In seasonally adjusted chain volume terms, Western Australia's state final demand rose 0.3% ($106 million) to $30,711 million in the September quarter 2007, a substantial drop from the 3.3% growth in the previous quarter. The easing in growth was attributable to much lower private investment in machinery and equipment, falling $214 million (6.5%) during the September quarter. There was also significantly lower public sector investment, with public corporations lowering investment by $75 million (13.2%) and general government reducing investment by $71 million (10.3%). Contributing to growth during the September quarter was increased household consumption expenditure (up $255 million or 1.8%), dwelling investment (up $107 million or 4.9%) and non-dwelling construction investment (up $102 million or 2.3%).