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5512.0 - Government Finance Statistics, Australia, 2008-09 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/04/2010   
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TIME SERIES GENERAL GOVERNMENT


GFS revenue for the general government sector across all levels of government increased by $1,066 million (0.3%) from $419,082 million in 2007-08 to $420,148 million in 2008-09. Over the same period GFS expenses have increased by $55,042 million (14.3%) from $386,092 million to $441,134 million. This resulted in a decrease of $53,977 million in the GFS net operating balance from $32,990 million to -$20,987 million.

Between 30 June 2008 and 30 June 2009 GFS net worth for all levels of government increased by $39,515 million from $899,130 million to $938,645 million.

The following tables show a time series of major aggregates for the general government across different levels of government.

MAJOR AGGREGATES, General Government, All Levels of Government

2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
$m
$m
$m
$m
$m
$m

GFS Revenue
310 606
335 657
363 739
391 145
419 082
420 148
GFS Expenses
295 071
314 707
333 472
359 679
386 092
441 134
GFS Net Operating Balance
15 535
20 950
30 267
31 465
32 990
-20 987
Net acquisition of non-financial assets
5 401
7 268
10 598
13 676
16 480
21 763
GFS Net Lending(+)/Borrowing(-)
10 133
13 682
19 668
17 790
16 510
-42 750
Cash Surplus (+)/Deficit (-)
15 502
21 541
25 308
15 162
19 672
-32 490
Total assets
888 385
969 118
1 068 556
1 114 212
1 278 764
1 448 196
Total liabilities
322 965
337 066
364 194
364 324
379 634
509 551
GFS Net worth
565 421
632 052
704 361
749 369
899 130
938 645


MAJOR AGGREGATES, General Government, Commonwealth

2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
$m
$m
$m
$m
$m
$m

GFS Revenue
222 034
241 995
260 786
277 978
303 291
298 282
GFS Expenses
214 073
228 563
241 244
257 495
278 330
322 817
GFS Net Operating Balance
7 962
13 432
19 542
20 483
24 961
-24 534
Net acquisition of non-financial assets
1 127
1 659
2 861
2 859
3 630
4 789
GFS Net Lending(+)/Borrowing(-)
6 834
11 774
16 681
17 624
21 331
-29 323
Cash Surplus (+)/Deficit (-)
8 079
13 466
15 685
19 221
22 974
-23 454
Total assets
218 257
235 176
278 675
254 589
287 493
324 226
Total liabilities
191 609
201 193
208 426
212 816
207 506
292 119
GFS Net worth
26 647
33 983
70 249
41 773
79 987
32 107


MAJOR AGGREGATES, General Government, State Government

2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
$m
$m
$m
$m
$m
$m

GFS Revenue
124 098
131 927
142 387
153 749
161 253
174 069
GFS Expenses
117 558
125 382
134 792
146 010
157 274
173 876
GFS Net Operating Balance
6 540
6 545
7 595
7 738
3 979
193
New South Wales(a)
1 152
721
976
878
384
-428
Victoria
942
797
756
2 306
1 482
261
Queensland
3 335
3 919
3 716
1 861
-1 549
42
South Australia
387
155
-33
203
465
-233
Western Australia
807
1 191
2 265
2 303
2 569
517
Tasmania
244
155
18
5
38
-78
Northern Territory
-45
-30
29
145
342
189
Australian Capital Territory
-280
-363
-134
31
252
-64
Net acquisition of non-financial assets
2 232
2 731
4 565
6 533
8 323
10 873
GFS Net Lending(+)/Borrowing(-)
4 308
3 814
3 030
1 205
-4 344
-10 680
New South Wales
40
-181
-521
-970
-1 547
-2 806
Victoria
265
400
-416
677
440
-1 521
Queensland
2 835
2 866
2 480
-206
-5 217
-4 393
South Australia
435
50
-173
47
223
-872
Western Australia
570
871
1 846
1 534
1 330
-799
Tasmania
310
123
-19
38
88
-99
Northern Territory
-27
-57
-62
74
198
-23
Australian Capital Territory
-120
-258
-107
6
144
-150
Cash Surplus (+)/Deficit (-)
7 376
7 926
9 747
-3 415
-3 259
-6 586
New South Wales(a)
1 492
1 314
2 041
-7 563
-1 924
-1 739
Victoria
597
629
247
-220
1 294
-1 269
Queensland
3 493
4 629
4 649
2 308
-5 099
-2 860
South Australia
531
191
188
-25
358
-708
Western Australia
553
832
2 301
1 460
1 068
-382
Tasmania
370
244
209
167
324
55
Northern Territory
38
53
38
183
284
140
Australian Capital Territory
299
35
76
270
436
186
Total assets
464 961
514 085
551 523
600 195
694 288
796 738
Total liabilities
122 338
125 921
144 699
139 584
158 685
199 610
GFS Net worth
342 622
388 164
406 824
460 092
535 602
597 128
New South Wales(a)
124 263
129 153
126 857
136 102
146 743
135 601
Victoria
61 187
75 018
75 422
84 660
91 698
118 351
Queensland
77 722
96 433
105 033
117 832
155 176
180 690
South Australia
16 159
16 721
20 291
22 227
21 203
24 151
Western Australia
43 741
50 212
57 942
75 710
92 875
107 439
Tasmania
8 004
9 008
9 107
9 658
11 388
11 656
Northern Territory
2 166
2 353
2 727
2 721
3 214
4 755
Australian Capital Territory
9 380
9 265
9 445
11 182
13 305
14 485

(a) An historical review of data for NSW has been undertaken and data have been revised across the time series.


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