WHAT ASSETS DOES AUSTRALIA OWN?

The composition of Australia's total assets has been fairly stable during the past decade. There has been a decline in the relative importance of real non-produced assets (42% in June 2009, down from 50% in June 1999), and increases in the importance of produced and financial assets.

In June 2009, significant assets included:

• land (38% of the total, down from 47% in 1999) and subsoil assets (4%, down marginally from 1999)
• dwellings (16%, up marginally from 1999) and non-dwelling construction (18%, down marginally from 1999)
• machinery and equipment (6%, up from 4% in 1999)
• financial assets with the rest of the world (12%, up from 7% in 1999)

Further information is included in the following pages to show how the major component of Australia's produced assets, capital stock, and a particular non-produced asset, energy and mineral resources, have changed over time.