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5501.0.55.001 - Government Financial Estimates, Australia, 2010-11 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/08/2010   
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INFORMATION ABOUT THIS RELEASE

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This release presents consolidated budget forecasts for the general government sector for Commonwealth and all jurisdictions. Government Financial Estimates (GFE) for the Commonwealth and state governments are compiled from initial budget forecasts. Two main statements are presented; the Operating Statement and the Cash Flow Statement.

Data for this release are sourced from the following Commonwealth and state government budget forecasts.

JurisdictionDate of budget forecast release
CommonwealthPre-election Economic and Fiscal Outlook 26 July 2010
New South Wales8 June 2010
Victoria4 May 2010
Queensland8 June 2010
South Australia16 September 2010
Western Australia20 May 2010
Tasmania17 June 2010
Northern Territory4 May 2010
Australian Capital Territory4 May 2010


MAIN FEATURES

2010-11 OPERATING STATEMENT

The table below presents the 2010-11 GFS net operating balance and net lending(+)/borrowing(-) estimates for the general government sector for each level of government.

ALL LEVELS OF GOVERNMENT, OPERATING STATEMENT - 2010-11
General Government
Commonwealth
Multi-
jurisdictional (a)(b)
State
Local (b)
All levels of government
$m
$m
$m
$m
$m

GFS Revenue
320 883
21 418
197 535
32 999
457 735
GFS Expenses
352 739
20 290
197 667
28 744
488 046
GFS Net Operating Balance
-31 856
1 127
-132
4 255
-30 311
Net acquisition of non-financial assets
7 085
1 324
17 397
5 547
31 353
GFS Net Lending(+)/Borrowing(-)
-38 941
-197
-17 529
-1 292
-61 664

(a) The multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main type of units in this category are the public universities.
(b) Data for local government and multi-jurisdictional sector are estimated.


2010-11 CASH FLOW STATEMENT

The table below presents the 2010-11 GFS surplus(+)/deficit(-) estimates for the general government sector for each level of government.
ALL LEVELS OF GOVERNMENT, CASH FLOW STATEMENT - 2010-11
General Government

Commonwealth
Multi-
jurisdictional (a)(b)
State
Local (b)
All levels of government
$m
$m
$m
$m
$m

Surplus(+)/Deficit(-)
-38 091
-758
-14 466
3
-45 480

(a) The multi-jurisdictional sector contains units where jurisdiction is shared between two or more governments, or classification of a unit to a jurisdiction is otherwise unclear. The main type of units in this category are the public universities.
(b) Data for local government and multi-jurisdictional are estimated.

KEY STATE GOVERNMENT BALANCES

The table below presents 2010-11 GFS estimates for the key analytical balances in the operating and cash flow statements for the general government sector of each state and territory jurisdiction.

STATE GOVERNMENTS, KEY ANALYTICAL BALANCES 2010-11
General Government

Operating Statement
Cash Flow Statement


GFS Net
Operating
Balance
GFS Net
Lending (+)/
Borrowing(-)
Surplus(+)/
Deficit(-)
$m
$m
$m

New South Wales
773
-3 267
-2 353
Victoria
858
-1 219
-807
Queensland
-1 745
-7 314
-6 468
South Australia
-389
-1 791
-1 767
Western Australia
287
-2 342
-2 021
Tasmania
-65
-530
-349
Northern Territory
331
-423
-363
Australian Capital Territory
-173
-635
-332



For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070, email <client.services@abs.gov.au> or Larissa Fischer on Canberra (02) 6252 5392, email <public.finance@abs.gov.au>

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