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5512.0 - Government Finance Statistics, Australia, 2012-13 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 18/06/2014   
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TIME SERIES TOTAL PUBLIC SECTOR, 2007–08 TO 2012–13


For the Total Public Sector across All Levels of Government, GFS revenue increased by $30,818m (5.6%) from $549,680m in 2011–12 to $580,498m in 2012–13. Over the same period GFS expenses increased by $15,037m (2.6%) from $589,185m to $604,222m. As a result the GFS net operating balance moved from –$39,506m in 2011–12 to –$23,724m in 2012–13.

Between 30 June 2012 and 30 June 2013 GFS net worth across the Total Public Sector moved from $726,055m to $836,896m.

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

MAJOR AGGREGATES, Total Public Sector, All Levels of Government

2007–08
2008–09
2009–10
2010–11
2011–12
2012–13
$m
$m
$m
$m
$m
$m

GFS Revenue
470 999
472 982
474 541
513 335
549 680
580 498
GFS Expenses
434 715
494 931
518 064
553 897
589 185
604 222
GFS Net Operating Balance
36 284
–21 949
–43 524
–40 562
–39 506
–23 724
Net acquisition of non-financial assets
31 699
42 400
50 590
43 467
40 467
31 464
GFS Net Lending(+)/Borrowing(-)
4 585
–64 349
–94 113
–84 029
–79 973
–55 188
Cash Surplus (+)/Deficit (-)
8 934
–51 156
–86 063
–71 927
–74 067
–57 061
Total assets
1 520 658
1 719 131
1 836 936
1 874 582
1 952 097
2 068 694
Total liabilities
625 029
781 906
905 995
965 727
1 226 042
1 231 798
GFS Net worth
895 629
937 226
930 941
908 855
726 055
836 896



For the Commonwealth Government Total Public Sector, GFS revenue increased by $24,350m (6.9%) from $351,479m in 2011–12 to $375,829m in 2012–13. Over the same period GFS expenses increased by $6,255m (1.6%) from $390,973m to $397,228m. As a result the GFS net operating balance moved from –$39,494m in 2011–12 to –$21,399m in 2012–13.

Between 30 June 2012 and 30 June 2013 GFS net worth for the Commonwealth Government Total Public Sector moved from –$248,119m to –$199,287m.

MAJOR AGGREGATES, Total Public Sector, Commonwealth Government

2007–08
2008–09
2009–10
2010–11
2011–12
2012–13
$m
$m
$m
$m
$m
$m

GFS Revenue
315 059
310 186
298 557
322 223
351 479
375 829
GFS Expenses
288 389
333 787
349 561
368 006
390 973
397 228
GFS Net Operating Balance
26 669
–23 601
–51 004
–45 783
–39 494
–21 399
Net acquisition of non-financial assets
4 381
5 813
8 010
7 150
7 180
2 863
GFS Net Lending(+)/Borrowing(-)
22 288
–29 413
–59 014
–52 932
–46 674
–24 262
Cash Surplus (+)/Deficit (-)
24 206
–23 602
–56 791
–44 993
–42 250
–20 491
Total assets
384 468
413 055
408 537
404 496
421 917
471 311
Total liabilities
306 361
386 725
451 821
500 852
670 036
670 597
GFS Net worth
78 107
26 330
–43 284
–96 355
–248 119
–199 287



For the State Government Total Public Sector, GFS revenue decreased by $2,267m (0.9%) from $261,819m in 2011–12 to $259,552m in 2012–13. Over the same period GFS expenses increased by $3,431m (1.3%) from $263,803m to $267,234m. As a result the GFS net operating balance moved from –$1,984m in 2011–12 to –$7,682m in 2012–13.

Between 30 June 2012 and 30 June 2013 GFS net worth for the State Government Total Public Sector moved from $603,360m to $647,838m.

MAJOR AGGREGATES, Total Public Sector, State Government

2007–08
2008–09
2009–10
2010–11
2011–12
2012–13
$m
$m
$m
$m
$m
$m

Total all states
GFS Revenue
202 491
216 098
243 810
252 280
261 819
259 552
GFS Expenses
196 650
217 921
239 520
254 125
263 803
267 234
GFS Net Operating Balance
5 841
–1 823
4 290
–1 845
–1 984
–7 682
New South Wales
1 505
909
3 787
1 004
1 596
1 015
Victoria
1 420
–238
465
–768
–1 363
–1 107
Queensland
–1 059
–2 570
–2 265
–3 642
–2 542
–6 094
South Australia
662
–341
744
129
–82
–652
Western Australia
2 438
217
826
1 126
329
–336
Tasmania
192
28
165
114
–61
–98
Northern Territory
482
242
513
183
160
–30
Australian Capital Territory
199
–56
57
11
–11
–379
Net acquisition of non-financial assets
22 619
30 124
35 262
29 894
26 005
20 777
GFS Net Lending(+)/Borrowing(-)
–16 778
–31 947
–30 972
–31 739
–27 988
–28 459
New South Wales
–4 393
–6 831
–5 947
–6 569
–5 213
–1 049
Victoria
–1 346
–5 867
–5 704
–6 916
–7 019
–10 679
Queensland
–11 132
–13 522
–12 020
–12 169
–9 796
–11 030
South Australia
317
–1 591
–1 854
–1 775
–1 450
–975
Western Australia
–835
–3 563
–4 308
–2 365
–2 873
–3 327
Tasmania
175
–486
–533
–575
–372
–215
Northern Territory
225
–103
–305
–799
–675
–489
Australian Capital Territory
209
29
–298
–568
–581
–694
Cash Surplus (+)/Deficit (-)
–14 825
–25 288
–24 018
–26 676
–24 521
–31 726
New South Wales
–3 955
–5 305
–4 582
–4 732
–7 497
184
Victoria
–763
–4 939
–3 832
–5 691
–4 700
–13 590
Queensland
–11 174
–11 086
–10 404
–11 003
–8 749
–11 827
South Australia
388
–1 303
–1 596
–1 927
–234
–1 464
Western Australia
–510
–2 446
–2 954
–2 064
–2 318
–3 962
Tasmania
340
–328
–437
–218
–209
–48
Northern Territory
295
77
–130
–704
–444
–476
Australian Capital Territory
554
42
–83
–337
–361
–534
Total assets
849 692
988 447
1 074 914
1 110 161
1 153 000
1 201 510
Total liabilities
314 228
386 599
447 614
458 207
547 854
551 874
GFS Net worth
535 464
601 847
625 539
650 188
603 360
647 838
New South Wales
146 513
135 437
151 161
163 348
143 353
164 380
Victoria
91 635
118 295
119 416
126 516
112 714
121 822
Queensland
155 160
185 174
176 574
172 318
167 802
175 475
South Australia
21 199
24 152
36 239
40 958
37 212
39 373
Western Australia
92 898
107 460
108 190
112 548
111 834
113 363
Tasmania
11 438
11 740
11 375
10 775
9 325
10 015
Northern Territory
3 212
4 753
6 844
7 517
7 007
7 864
Australian Capital Territory
13 408
14 836
15 739
16 209
14 114
15 545




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