5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2015   
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MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES

Seasonally adjusted
New South Wales
Victoria
Queensland
South Australia
Western Australia
Tasmania
Northern Territory
Australian Capital Territory
Australia(a)
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15
% change
Mar 15 to
Jun 15

Final consumption expenditure
General government
2.6
1.9
0.4
1.9
3.8
-0.1
2.0
4.0
2.2
Households
0.6
0.2
0.6
0.8
0.3
-0.2
0.6
0.4
0.5
Gross fixed capital formation
Private
-0.4
1.5
-5.7
-6.7
2.7
2.2
-8.8
-4.8
-0.4
Public
0.9
3.7
-0.3
8.4
-3.8
6.2
-3.8
13.0
4.0
State final demand
0.8
0.9
-0.8
-0.2
1.5
0.5
-3.4
3.1
0.8

(a) Australia estimates relate to Domestic final demand.



JUNE QUARTER

Summary Comments

New South Wales
  • New South Wales State final demand increased 0.8% in the June quarter on the back of 0.9% growth in the March quarter (revised up from a published 0.5%). Household final consumption expenditure contributed to the ongoing strength in the state with growth of 0.6%. The main driver for growth in Household final consumption was Recreation and culture. Government final consumption expenditure increased 2.6% with National and State and local contributing equal strength. Dwellings gross fixed capital formation increased for the sixth consecutive quarter. Partially offsetting these rises was a fall in Non-dwelling construction of 6.5%.

Victoria
  • Victoria State final demand rose 0.9% for the June quarter following the 1.7% increase in the March quarter (revised up from a published 1.3%) with equal contributions from Private capital and Government final consumption expenditure. Private gross fixed capital formation increased 1.5% due to a jump in engineering construction. Dwellings fell 0.8% after two strong quarters. National growth in Government final consumption expenditure was reflected in the 1.9% increase for the quarter. Household final consumption expenditure was up slightly at 0.2% as weakness in Electricity, gas and other fuels and Transport services offset strength in Health and Purchase of vehicles. Public gross fixed capital formation rose 3.7% as rises in General government offset falls in Public corporations.

Queensland
  • Queensland State final demand fell 0.8% in the June quarter following a decrease of 0.2% in the March quarter (revised down from a published 0.1%). There was continued weakness in Private gross fixed capital formation driven by Non-dwelling construction falling 9.6% in line with declining activity on large scale projects as they near completion. This weakness was partially offset this quarter by a rise in Household final consumption expenditure from increases in Health, Food and Communications. Government final consumption expenditure also helped offset the fall due to strength in the National component despite falls in State and local.

South Australia
  • South Australia State final demand for June decreased 0.2% following the 0.7% rise in the March quarter (revised down from a published 0.8%). Private gross fixed capital formation fell 6.7%, driven by a strong fall in Dwellings of 13.7% with a large drop in work done in the state for the quarter. Further contributing to the fall were Non-dwelling construction and Intellectual property products. Broad based strength in Household final consumption expenditure and the public sector offset most of the fall for the quarter.

Western Australia
  • Western Australia State final demand for the June quarter rose 1.5% following a 1.6% fall for the March quarter (revised up from a published -1.8%). Non-dwelling construction was the strongest contributor to growth at 7.8% following six consecutive quarters of falls on the back of a sharp rise in activity for the quarter. A fall in Machinery and equipment offset that rise. A strong rise in State and local Government final consumption expenditure further contributed to strength in the state. Public gross fixed capital formation fell for the second quarter as Public corporation investment fell.

Tasmania
  • Tasmania State final demand expanded with an increase of 0.5% for the June quarter following an 0.5% increase in the March quarter (revised up from a published 0.3%). Strong results from both Public and Private capital drove the result this quarter. Private gross fixed capital formation was up 2.2%, with Dwellings up for the fourth consecutive quarter at 4.4% and Non-dwelling construction experiencing a jump of 12.7% due to increased engineering construction activity. General government was the primary contributor to growth in Public gross fixed capital formation. Household final consumption expenditure fell by 0.2%, driven by a 3.8% fall in Hotels, cafes and restaurants.

Northern Territory
  • Northern Territory State final demand fell 3.4% in the June quarter following a 0.2% fall in the March quarter (revised up from -0.6%). A strong fall in Private gross fixed capital formation (-8.8%) was the primary detractor to State final demand. This decrease was driven by a large fall in Mineral and petroleum exploration expenditure. Machinery and equipment, which decreased 23.8% also contributed to the decline in Private gross fixed capital formation. Government final consumption expenditure slightly offset the falls in Private gross fixed capital formation with a 2.0% increase.

Australian Capital Territory
  • Australian Capital Territory State final demand for the June quarter rose 3.1% following a 1.8% rise in the March quarter (revised up from 1.4%). The public sector drove results for the second quarter in a row with strength in both Government final consumption expenditure and Gross fixed capital formation. The National Government final consumption expenditure result drove State final demand with an increase of 4.2%. This same strength was seen in the General government component of Public gross fixed capital formation, which rose 13.0%. Private gross fixed capital formation fell 4.8% due to falls in Dwellings and Non-dwelling construction.