5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2010 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 01/09/2010   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Mar 10 to Jun 10
% change Jun 09 to Jun 10
% points contributions to growth in GDP Mar 10 to Jun 10
% change Mar 10 to Jun 10
% change Jun 09 to Jun 10
% points contributions to growth in GDP Mar 10 to Jun 10

Final consumption expenditure
General government
1.3
5.9
0.2
1.8
6.3
0.3
Households
1.0
3.2
0.5
1.6
3.2
0.9
Gross fixed capital formation
Private
Dwellings
0.7
5.6
-
5.0
11.3
0.3
Ownership transfer costs
-1.8
0.3
-
-3.2
-2.9
-
Non-dwelling construction
0.6
-4.0
-
1.5
-4.7
0.1
Machinery and equipment
-2.1
0.7
-0.1
-3.1
-0.5
-0.2
Cultivated biological resources
-2.0
-1.0
-
3.6
4.6
-
Intellectual property products
2.5
8.8
0.1
2.3
9.0
0.1
Public
4.7
38.5
0.3
-
38.4
-
Changes in inventories
na
na
-0.1
na
na
-0.7
Gross national expenditure
1.0
6.1
1.1
0.6
5.8
0.6
Exports of goods and services
2.1
4.0
0.4
5.6
4.7
1.1
Imports of goods and services
1.9
15.9
-0.4
3.0
17.3
-0.7
Statistical discrepancy (E)
na
na
-0.2
na
na
0.2
Gross domestic product
0.9
3.2
0.9
1.2
3.3
1.2

- nil or rounded to zero (including null cells)
na not available



JUNE QUARTER

Summary Comments

Final Consumption Expenditure
  • Government final consumption expenditure increased 1.8% and Household final consumption expenditure increased 1.6% in seasonally adjusted terms. The main contributors to growth in Household final consumption were Purchase of vehicles (up 11.2%), Recreation and culture (up 3.3%) and Insurance and other financial services (up 2.6%).

Gross fixed capital formation
  • Gross fixed capital formation increased 0.6% in seasonally adjusted terms. Total private gross fixed capital formation increased 0.8%, reflecting a rise in Total dwellings investment (up 5.0%). Public gross fixed capital formation was flat. This was the result of a fall in Public corporations investment (down 1.4%) that was offset by a rise in Total general government investment (up 0.7%).

Changes in inventories
  • Total inventories fell by $514m in seasonally adjusted terms compared with an increase of $1770m last quarter. The change in inventories detracted 0.7 percentage points from GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services rose 5.6% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 7.3%, driven by Non-rural exports (up 7.5%).
  • Imports of goods and services rose 3.0% in seasonally adjusted terms. Seasonally adjusted Imports of services rose 1.4%, while Imports of goods rose 3.5%.