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5519.0.55.001 - Government Finance Statistics, Australia, Quarterly, Electronic Delivery, Jun 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2005   
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ABOUT THIS ELECTRONIC RELEASE

This electronic release presents quarterly government finance statistics (GFS) on an accrual accounting basis. All tables are presented in GFS operating statement format for the general government sector, with the exception of Table 2 which presents data for the public non-financial corporations sector.

In this issue data for the operating statements for the June quarter 2005 (Tables 3 and 4) are not shown because it would be in advance of the release of the Commonwealth Government's Final Budget Outcome Statement for 2004-05. However, Commonwealth GG data for the June quarter 2005 have been included in the calculation of the All levels of government data (Table 1).

Quarterly GFS are released for the current financial year only. They are preliminary aggregations of public sector data, pending the availability of final annual data for each jurisdiction. Users requiring data for earlier periods should consult Government Finance Statistics, Australia (cat.no. 5512.0). The latest issue (2003-04) was released on 15 April 2005.

RELEASE OF QUARTERLY GFS THIS ISSUE
Table
Sep 04
Dec 04
Mar 05
Jun 05
Table 1 All levels of Government
*
*
*
*
Table 2 All levels of Government - Public Non-Financial Corporations
*
*
*
*
Table 3 Commonwealth Government
*
*
*
Table 4 Total State and Local
*
*
*
Table 5 New South Wales
*
*
*
Table 6 Victoria
*
*
*
Table 7 Queensland
*
*
*
Table 8 South Australia
*
*
*
Table 9 Western Australia
*
*
*
Table 10 Tasmania
*
*
*
Table 11 Northern Australia
*
*
*
Table 12 Australian Capital Territory
*
*
*
The September quarter 2005 issue is expected to be released on 6 December 2005 and the December quarter 2005 issue on 28 February 2006, one day before the release of the September quarter 2005 and December quarter 2005 National Accounts publications respectively. Users should check the ABS Release Advice closer to the date for confirmation of the release date.

The contact officer for this release is Jonathan Sim on Canberra (02) 6252 5735.


JUNE QUARTER 2005 KEY FIGURES: ALL LEVELS OF GOVERNMENT

March quarter 2005 to June quarter 2005 movements -
  • In original terms, taxation revenue rose $12,364m to $79,504m.
  • The general government GFS Net operating balance, in original terms, rose $3,915m to $10,059m.
  • In original terms, the general government GFS Net lending position rose $809m, from $5,676m to $6,485m.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT, ORIGINAL

Mar qtr 2005
Jun qtr 2005
% change Mar qtr 2005 to Jun qtr 2005
$m
$m
%

Current prices
Taxation revenue
General government
67,140
79,504
18.4
Total revenue
General government
81,680
96,157
17.7
Public Non-Financial corporations
16,313
17,154
5.2
Total expenses
General government
75,536
86,098
14.0
Public Non-Financial corporations
15,867
15,040
-5.2
GFS Net operating balance
General government
6,144
10,059
..
Public Non-Financial corporations
446
2,114
..
GFS Net lending(+)/borrowing(-)
General government
5,676
6,485
..
Public Non-Financial corporations
-361
-318
..



QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the June quarter 2005 from the forthcoming national accounts publication. The key figures shown include Government Final Consumption Expenditure and Gross Fixed Capital Formation for general government and public corporations, seasonally adjusted for current prices and chain volume terms.
  • In seasonally adjusted chain volume terms, total general government final consumption expenditure rose 1.8% in June quarter 2005.
  • General government gross fixed capital formation, in seasonally adjusted chain volume terms, rose 1.3% in June quarter 2005.

QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED

Mar qtr 2005
Jun qtr 2005
% change Mar qtr 2005 to Jun qtr 2005
$m
$m
%

Current Prices
General government final consumption expenditure (a)
National - defence
3,631
3,812
5.0
National - non-defence
11,984
12,400
3.5
Total national
15,615
16,212
3.8
State and local
23,777
24,347
2.4
Total general government final consumption expenditure
39,392
40,559
3.0
Public gross fixed capital formation
General government
National - defence
271
294
8.6
National - non-defence
808
537
-33.6
Total national
1,079
831
-23.0
State and local
3,886
4,219
8.6
Total general government
4,966
5,050
1.7
Public corporations
Commonwealth
831
829
-0.2
State and local
2,479
2,609
5.2
Total public corporations
3,310
3,438
3.9
Total public gross fixed capital formation
8,275
8,488
2.6
Memorandum item
Net purchases of second-hand assets by public sector
-84
-296
..
Chain Volume (b)
General government final consumption expenditure (a)
National - defence
3,667
3,771
2.8
National - non-defence
11,425
11,732
2.7
Total national
15,092
15,503
2.7
State and local
22,514
22,786
1.2
Total general government final consumption expenditure
37,606
38,289
1.8
Public gross fixed capital formation
General government
National - defence
289
320
10.7
National - non-defence
791
529
-33.1
Total national
1,080
849
-21.4
State and local
3,783
4,077
7.8
Total general government
4,863
4,926
1.3
Public corporations
Commonwealth
822
814
-0.9
State and local
2,403
2,490
3.6
Total public corporations
3,225
3,304
2.4
Total public gross fixed capital formation
8,088
8,230
1.8
Memorandum item
Net purchases of second-hand assets by public sector
-83
-295
..

(a) See paragraph 35 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) The reference base year for chain volume measures is 2003-04.


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