5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2010 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 01/12/2010   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

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

Final consumption expenditure
General government
0.9
4.0
0.2
0.5
4.4
0.1
Households
0.9
3.0
0.5
0.6
3.2
0.3
Gross fixed capital formation
Private
Dwellings
0.9
5.9
-
-1.8
3.4
-0.1
Ownership transfer costs
-3.4
-8.8
-
-7.3
-12.6
-0.1
Non-dwelling construction
3.3
5.7
0.2
6.1
9.3
0.4
Machinery and equipment
-4.4
-7.3
-0.3
-0.9
-1.5
-0.1
Cultivated biological resources
1.5
-3.5
-
3.6
-7.4
-
Intellectual property products
0.6
4.4
-
-0.7
3.5
-
Public
0.3
24.2
-
1.9
23.2
0.1
Changes in inventories
na
na
-0.2
na
na
-0.2
Gross national expenditure
0.4
3.9
0.4
0.4
4.3
0.4
Exports of goods and services
0.9
5.4
0.2
-2.4
4.2
-0.6
Imports of goods and services
1.4
13.4
-0.3
-0.5
12.9
0.1
Statistical discrepancy (E)
na
na
0.3
na
na
0.2
Gross domestic product
0.6
2.8
0.6
0.2
2.7
0.2

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



SEPTEMBER QUARTER

Summary Comments

Final Consumption Expenditure
  • Government final consumption expenditure increased 0.5% and Household final consumption expenditure increased 0.6% in seasonally adjusted terms. The main contributors to growth in Household final consumption were Recreation and culture (up 1.5%), Insurance and other financial services (up 1.6%) and Food (up 1.0%).

Gross fixed capital formation
  • Gross fixed capital formation increased 0.9% in seasonally adjusted terms. Total private gross fixed capital formation increased 0.6%, reflecting a rise in Total non-dwelling construction (up 6.1%). This was partially offset by falls in Total Machinery and equipment (down 0.9%) and Total dwellings (down (1.8%). Public gross fixed capital formation increased 1.9%. This was driven by an increase in Public corporations investment (up 2.7%).

Changes in inventories
  • Total changes in inventories fell by $502m in seasonally adjusted terms compared with an increase of $148m last quarter. Changes in inventories detracted 0.2 percentage points from GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services decreased 2.4% in seasonally adjusted terms. Seasonally adjusted Exports of goods fell 2.8%, with Non-rural exports down 2.3%.
  • Imports of goods and services decreased 0.5% in seasonally adjusted terms. Seasonally adjusted Imports of goods fell 1.3%, while Imports of services rose 2.2%.