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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/12/2003   
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Trend
Seasonally adjusted


Quarterly
% change
Jun 03 to
Sep 03
Quarterly
% change
Sep 02 to
Sep03
%points
contribution to
growth in DFD
Jun 03 to
Sep03
Quarterly
% change
Jun 03 to
Sep 03
Quarterly
% change
Sep 02 to
Sep03
%points
contribution to
growth in DFD
Jun 03 to
Sep03

New South Wales
0.6
4.1
0.2
0.6
4.4
0.2
Victoria
0.5
2.8
0.1
1.0
3.2
0.2
Queensland
1.4
5.6
0.2
2.9
6.3
0.5
South Australia
1.4
6.1
0.1
0.9
5.9
0.1
Western Australia
1.8
8.2
0.2
2.1
8.8
0.2
Tasmania
1.0
4.5
-
-0.1
6.5
-
Northern Territory
3.1
5.0
-
5.0
7.2
0.1
Australian Capital Territory
0.6
5.3
-
0.3
6.8
-
Australia (DFD)
0.9
4.5
0.9
1.2
4.9
1.2

- nil or rounded to zero (including null cells)


SEPTEMBER QUARTER Summary Comment

State Final Demand
  • In trend terms, growth in the September quarter was strongest in the Northern Territory (up 3.1%) and Western Australia (up 1.8%) and weakest in Victoria (up 0.5%). In seasonally adjusted terms, the Northern Territory (up 5.0%) and Queensland (up 2.9%) showed the strongest growth. Their growth was driven by strong growth in private gross fixed capital formation and household final consumption expenditure. Growth was weakest in Tasmania (down 0.1%).

Household final consumption expenditure
  • Trend growth in the September quarter ranged from 0.5% in South Australia to 2.2% in Queensland. Strong household consumption growth in seasonally adjusted terms was recorded in all states except South Australia (down 0.6%) and the ACT (unchanged). Strongest growth was recorded in the Northern Territory, Tasmania and Queensland. The patterns of growth largely reflected the movements in chain volume retail trade for each state.

Government final consumption expenditure
  • In trend terms, September quarter 2003 growth ranged from -0.1% in South Australia to 1.1% in the ACT. September quarter seasonally adjusted growth was strongest in the ACT (up 2.6%). All other states showed growth rates between 0.5% and 1.5%.

Private gross fixed capital formation
  • The pattern of growth in trend terms varied across the states. Both New South Wales and Victoria had negative trend movements in the September quarter while South Australia, Western Australia and the Northern Territory showed growth greater than 4.0%. In the September quarter, seasonally adjusted growth was strongest in the Northern Territory (up 14.4%) and Queensland (up 7.4%).

Public gross fixed capital formation
  • In the September quarter, there was a range of movements in trend growth rates. Queensland fell by 7.3% while South Australia grew by 4.8%. In seasonally adjusted terms, all states showed large falls in the September quarter except for South Australia which rose by 14.1% and the Northern Territory which fell by only 2.2%.

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