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5519.0.55.001 - Government Finance Statistics, Australia, June Quarter 2010  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/08/2010   
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JUNE QUARTER 2010 KEY FIGURES: ALL LEVELS OF GOVERNMENT

In the June quarter 2010 -

  • Taxation revenue increased 6.3% to $89,587m.
  • The GFS net operating balance for the general government sector was $-10,329m.
  • The GFS net lending(+)/borrowing(-) position for the general government sector was $-18,084m.
  • A public/private partnership was dissolved at the end of March 2010 and ownership was wholly transferred to the public non-financial corporations sector. This contributed to the movements between March and June quarters 2010.
GFS KEY FIGURES: ALL LEVELS OF GOVERNMENT, ORIGINAL

Mar Qtr 2010
Jun Qtr 2010
Mar Qtr 2010 to
Jun Qtr 2010
$m
$m
% change

Current Prices
Taxation revenue
General government
84 272
89 587
6.3
Total revenue
General government
104 943
111 972
6.7
Public Non-Financial corporations
16 680
20 963
25.7
Total expenses
General government
117 967
122 301
3.7
Public Non-Financial corporations
13 930
22 741
63.3
GFS Net operating balance
General government
-13 024
-10 329
..
Public Non-Financial corporations
2 750
-1 778
..
GFS Net lending(+)/borrowing(-)
General government
-20 014
-18 084
..
Public Non-Financial corporations
-439
-6 310
..


QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES

The table below includes the key public sector aggregates for the June quarter 2010 which will be included in the Australian National Accounts: National Income, Expenditure and Product(cat.no. 5206.0). The key figures shown include Government Final Consumption Expenditure and Gross Fixed Capital Formation for general government and public corporations, seasonally adjusted in current prices and chain volume terms.

In the June quarter 2010:
  • In seasonally adjusted chain volume terms, total general government final consumption expenditure increased by $959m, a rise of 1.8% compared with March quarter 2010.
  • General government gross fixed capital formation, in seasonally adjusted chain volume terms, increased by 0.7%.
QUARTERLY NATIONAL ACCOUNTS PUBLIC SECTOR MEASURES - KEY FIGURES, SEASONALLY ADJUSTED

Sep Qtr 2009
Dec Qtr 2009
Mar Qtr 2010
Jun Qtr 2010
Mar Qtr 2010 to
Jun Qtr 2010
$m
$m
$m
$m
% change

Current Prices
General government final consumption expenditure (a)
National - defence
4 887
5 239
5 601
6 155
9.9
National - non-defence
16 476
17 279
17 362
17 637
1.6
Total national
21 363
22 518
22 963
23 792
3.6
State and local
34 811
35 239
36 102
37 064
2.7
Total general government final consumption expenditure
56 174
57 758
59 064
60 856
3.0
Public gross fixed capital formation
General government
National - defence
1 497
2 171
2 244
2 275
1.4
National - non-defence
1 721
1 472
2 135
2 455
15.0
Total national
3 218
3 643
4 378
4 731
8.0
State and local
7 747
8 601
10 809
10 566
-2.2
Total general government
10 965
12 244
15 188
15 297
0.7
Public corporations
Commonwealth
535
576
529
279
-47.2
State and local
5 537
5 691
6 039
6 212
2.9
Total public corporations
6 072
6 266
6 568
6 491
-1.2
Total public gross fixed capital formation
17 037
18 510
21 756
21 788
0.1
Memorandum item
Net purchases of second-hand assets by public sector
-264
-199
-102
2
..

Chain Volume (b)
General government final consumption expenditure (a)
National - defence
4 575
4 883
5 189
5 685
9.6
National - non-defence
15 998
16 455
16 411
16 404
0.0
Total national
20 573
21 338
21 600
22 090
2.3
State and local
32 371
32 594
32 973
33 443
1.4
Total general government final consumption expenditure
52 944
53 932
54 573
55 532
1.8
Public gross fixed capital formation
General government
National - defence
1 489
2 261
2 329
2 317
-0.5
National - non-defence
1 708
1 467
2 109
2 471
17.2
Total national
3 197
3 727
4 438
4 788
7.9
State and local
7 645
8 482
10 585
10 337
-2.3
Total general government
10 842
12 209
15 023
15 126
0.7
Public corporations
Commonwealth
519
565
521
273
-47.5
State and local
6 113
6 253
6 534
6 685
2.3
Total public corporations
6 632
6 818
7 055
6 959
-1.4
Total public gross fixed capital formation
17 474
19 028
22 078
22 085
0.0
Memorandum item
Net purchases of second-hand assets by public sector
-211
-91
-45
-40
..

(a) See paragraph 35 of the Explanatory Notes for the relationship between general government final consumption expenditure and GFS aggregates.
(b) Reference year for chain volume measures is 2007-08.

JUNE QUARTER 2010 GFS RELEASE

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

Quarterly GFS are released for the current financial year only, other than in the September quarter, when the quarters of the previous financial year are presented. Users requiring data for earlier periods should consult Government Finance Statistics, Australia (cat.no. 5512.0). The latest issue (2008-09) was released on 27 April 2010. Final annual GFS results for 2009-10 are scheduled for release by the ABS in April 2011.

RELEASE OF QUARTERLY GFS THIS ISSUE

Table
Sep 09
Dec 09
Mar 10
Jun 10
Table 1 All Levels of Government - General Government
*
*
*
*
Table 2 All Levels of Government - Public Non-Financial Corporations
*
*
*
*
Table 3 Commonwealth Government
*
*
*
*
Table 4 Total State & 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 Territory
*
*
*
Table 12 Australian Capital Territory
*
*
*
FORTHCOMING ISSUES

The release of GFS quarterly data is usually coordinated to be the day before the respective issue of Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0). The scheduled release dates for the June and September quarter 2010 issues are:

Issue5519.0.55.0015206.0
September 201030 November 20101 December 2010
December 20101 March 20112 March 2011
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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