Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/09/2008   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Mar 08 to Jun 08
% change Jun 07 to Jun 08
% points contribution to growth in GDP Mar 08 to Jun 08
% change Mar 08 to Jun 08
% change Jun 07 to Jun 08
% points contribution to growth in GDP Mar 08 to Jun 08

Final consumption expenditure
General government
0.8
4.2
0.1
1.2
4.6
0.2
Households
0.4
3.2
0.3
-0.1
2.9
-0.1
Gross fixed capital formation
Private
Dwellings
0.4
1.4
-
0.5
2.6
-
Business investment
np
np
np
4.6
10.8
0.8
Ownership transfer costs
-3.5
-9.9
-0.1
-4.5
-14.4
-0.1
Public
np
np
np
2.4
7.2
0.1
Changes in inventories
Private non-farm
. .
. .
-0.2
. .
. .
-0.5
Farm and public authority
. .
. .
-
. .
. .
-
Gross national expenditure
0.9
4.4
0.9
0.4
4.3
0.4
Exports of goods and services
1.5
4.7
0.3
2.7
6.1
0.5
Imports of goods and services
3.0
12.8
-0.8
2.2
13.0
-0.6
Statistical discrepancy (E)
. .
. .
0.5
. .
. .
-0.1
Gross domestic product
0.5
2.7
0.5
0.3
2.7
0.3

. . not applicable
- nil or rounded to zero (including null cells)
np not available for publication but included in totals where applicable, unless otherwise indicated



JUNE QUARTER

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure fell 0.1% in seasonally adjusted terms. The main negative contributors to growth in seasonally adjusted terms were Operation of vehicles (down 2.0%) and Food (down 0.8%). The main positive contributor to growth in seasonally adjusted terms was Rent and other dwelling services (up 0.8%).

Gross fixed capital formation
  • Private business investment grew 4.6% in seasonally adjusted terms. This increase was due to investment in New machinery and equipment (up 10.1%), offset by a fall in New engineering construction (down 5.4%). Dwelling investment showed a moderate increase of 0.5% this quarter. This was due to an increase in New and used dwellings (up 1.6%), offset by a decrease in Alterations and additions (down 0.8%).

Changes in inventories
  • Total inventories rose by $684m in trend terms, following a rise of $1,148m in the March quarter. Seasonally adjusted, total inventories rose by $210m following a $1636m rise in the previous quarter. Changes in inventories detracted 0.5 percentage points from seasonally adjusted GDP growth during the quarter.

Exports and imports of goods and services
  • In trend terms, Exports of goods and services rose 1.5%, while in seasonally adjusted terms, it rose 2.7%. Seasonally adjusted Exports of goods rose 2.5%, driven by a rise in Coal (up 11.9%) and offset by a fall in Mineral ores (down 3.2%).
  • Imports of goods and services increased 3.0% in trend terms and 2.2% in seasonally adjusted terms. Imports of goods increased 2.0%, with growth in Consumption goods (up 2.7%) and Intermediate goods (up 2.0%). Imports of services rose 3.1%, driven by growth in Travel (up 3.7%).


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.