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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/06/2007   
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MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES


Trend
Seasonally adjusted


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

New South Wales
1.1
3.0
0.3
1.2
3.2
0.4
Victoria
0.6
3.0
0.1
0.6
3.3
0.1
Queensland
1.5
6.6
0.3
2.4
6.1
0.5
South Australia
0.7
3.2
-
1.1
3.3
0.1
Western Australia
2.3
7.7
0.3
3.5
10.2
0.4
Tasmania
0.3
-1.1
-
0.5
-0.5
-
Northern Territory
-0.1
1.1
-
2.6
0.8
-
Australian Capital Territory
0.5
5.2
-
-0.1
6.5
-
Australia (DFD)(a)
1.1
4.1
1.1
1.5
4.5
1.5

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



MARCH QUARTER

Summary Comments

State Final Demand

  • In trend terms, growth in the March quarter was strongest in Western Australia (up 2.3%) with the weakest result in Northern Territory (down 0.1%). In seasonally adjusted terms, Western Australia (up 3.5%) showed the strongest growth, due mainly to an increase in Gross fixed capital formation. Weakest seasonally adjusted growth was in the Australian Capital Territory (down 0.1%).

Household final consumption expenditure
  • In trend terms, all states experienced growth ranging from 0.5% in South Australia to 1.6% in Western Australia. Growth in seasonally adjusted terms was recorded in all states with the strongest growth in Northern Territory (up 2.2%).

Government final consumption expenditure (GFCE)
  • Trend growth was strongest in the Australian Capital Territory (up 0.6%), while the largest fall was recorded in Queensland (down 0.6%). Seasonally adjusted, GFCE fell slightly in the Northern Territory (down 0.3%) and the Australian Capital Territory (down 0.1%), while the strongest growth occurred in New South Wales and Victoria (up 1.7%).

Private gross fixed capital formation
  • In trend terms, the strongest growth was recorded in Western Australia (up 5.5%) and weakest growth in the Northern Territory (down 2.1%). In seasonally adjusted terms all states except the Australian Capital Territory (down 2.1%) showed growth, with the strongest growth in the Northern Territory (up 10.3%) and Queensland (up 8.3%).
  • In seasonally adjusted terms, strongest Machinery and equipment investment growth was in the Northern Territory (up 49.4%), while the Tasmania recorded the largest fall (down 6.4%). The strongest growth in Non-dwelling construction occurred in Tasmania (up 21.2%), with the weakest growth in the Australian Capital Territory (down 16.7%).

Public gross fixed capital formation
  • In seasonally adjusted terms, large decreases were recorded in all states, except for Western Australia (up 0.5%).

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