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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/03/2008   
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MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES


Trend
Seasonally adjusted


% change
Sep 07
to Dec 07
% change
Dec 06
to Dec 07
% points contribution
to growth in DFD
Sep 07 to Dec 07
% change
Sep 07
to Dec 07
% change
Dec 06
to Dec 07
% points contribution
to growth in DFD
Sep 07 to Dec 07

New South Wales
1.0
4.6
0.3
1.2
4.5
0.4
Victoria
1.4
4.7
0.3
2.0
5.2
0.5
Queensland
1.1
6.6
0.2
2.1
7.2
0.4
South Australia
0.3
1.8
-
1.5
2.7
0.1
Western Australia
1.2
9.5
0.1
1.5
9.7
0.2
Tasmania
1.6
6.7
-
3.6
7.7
0.1
Northern Territory
0.9
2.5
-
0.9
5.0
-
Australian Capital Territory
0.2
1.7
-
1.2
2.2
-
Australia (DFD)(a)
1.1
5.3
1.1
1.6
5.7
1.6

- nil or rounded to zero (including null cells)
(a) Domestic final demand.



DECEMBER QUARTER

Summary Comments

State Final Demand

  • In trend terms, growth in the September quarter was strongest in Tasmania (up 1.6%) with the weakest result in the Australian Capital Territory (up 0.2%). In seasonally adjusted terms, Tasmania (up 3.6%) showed the strongest growth, due mainly to an increase in Gross fixed capital formation. The weakest seasonally adjusted growth was in the Northern Territory (up 0.9%).

Household final consumption expenditure
  • In trend terms, all states experienced positive growth ranging from 2.2% in the Northern Territory to 0.9% in New South Wales and the Australian Capital Territory. Positive growth in seasonally adjusted terms was recorded in all states with the strongest growth in Western Australia and the Northern Territory (up 2.4%).

Government final consumption expenditure
  • Trend growth was strongest in the Australian Capital Territory (up 1.1%). The strongest growth in seasonally adjusted terms was in the Northern Territory (up 2.2%).

Private gross fixed capital formation
  • In trend terms, the strongest growth was recorded in Tasmania (up 2.5%) and the weakest growth was in the Australian Capital Territory (down 3.2%). In seasonally adjusted terms the strongest growth was in Tasmania (up 10.1%) with the Australian Capital Territory (down 3.2%) showing the weakest growth.
  • In seasonally adjusted terms, strongest Machinery and equipment investment growth was in Tasmania (up 22.8%), while South Australia recorded the largest fall (down 1.9%). The strongest growth in non-dwelling construction occurred in Queensland (up 6.2%), with the weakest outcome in the Northern Territory (down 23.6%).

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