5512.0 - Government Finance Statistics, Australia, 2017-18 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 29/04/2019   
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TIME SERIES TOTAL PUBLIC SECTOR, 2012-13 TO 2017-18

TOTAL PUBLIC SECTOR, ALL LEVELS OF GOVERNMENT

For the total public sector across all levels of government, GFS revenue increased by $48,586m (7.2%) from $671,539m in 2016-17 to $720,125m in 2017-18. Over the same period GFS expenses increased by $27,278m (3.9%) from $695,753m to $723,031m. As a result the GFS net operating balance moved from -$24,213m in 2016-17 to -$2,907m in 2017-18.

Between 30 June 2017 and 30 June 2018 GFS net worth across the total public sector for all levels of government moved from $884,301m to $915,224m.

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


OPERATING RESULTS, Total Public Sector, All Levels of Government

2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
$m
$m
$m
$m
$m
$m

GFS Revenue
579 995
605 504
617 749
639 692
671 539
720 125
GFS Expenses
607 530
634 643
649 795
670 097
695 753
723 031
GFS Net operating balance
-27 535
-29 139
-32 046
-30 404
-24 213
-2 907
Net acquisition of non-financial assets
31 944
32 434
27 599
32 479
38 326
39 312
GFS Net lending(+)/borrowing(-)
-59 479
-61 572
-59 645
-62 884
-62 539
-42 218


CASH FLOW RESULTS, Total Public Sector, All Levels of Government

2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
$m
$m
$m
$m
$m
$m

GFS Cash surplus(+)/deficit(-)
-46 355
-54 576
-46 603
-54 138
-48 640
-31 198


BALANCE SHEET RESULTS, Total Public Sector, All Levels of Government

at 30 June 2013
at 30 June 2014
at 30 June 2015
at 30 June 2016
at 30 June 2017
at 30 June 2018
$m
$m
$m
$m
$m
$m

Total assets
2 058 829
2 204 290
2 323 725
2 466 285
2 635 559
2 737 823
Total liabilities
1 220 456
1 384 841
1 496 743
1 701 744
1 751 258
1 822 599
GFS Net worth
838 373
819 449
826 981
764 541
884 301
915 224



TOTAL PUBLIC SECTOR, COMMONWEALTH GOVERNMENT

For the Commonwealth Government total public sector, GFS revenue increased by $42,160m (9.8%) from $428,467m in 2016-17 to $470,627m in 2017-18. Over the same period GFS expenses increased by $15,320m (3.3%) from $464,917m to $480,237m. As a result the GFS net operating balance moved from -$36,450m in 2016-17 to -$9,609m in 2017-18.

Between 30 June 2017 and 30 June 2018 the GFS net worth for the Commonwealth Government total public sector moved from -$398,845m to -$429,700m.


OPERATING RESULTS, Total Public Sector, Commonwealth Government

2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
$m
$m
$m
$m
$m
$m

GFS Revenue
375 982
390 486
393 750
405 013
428 467
470 627
GFS Expenses
398 416
422 680
433 006
443 786
464 917
480 237
GFS Net operating balance
-22 434
-32 195
-39 256
-38 774
-36 450
-9 609
Net acquisition of non-financial assets
3 240
8 567
7 750
8 272
8 893
6 719
GFS Net lending(+)/borrowing(-)
-25 674
-40 762
-47 006
-47 046
-45 342
-16 328


CASH FLOW RESULTS, Total Public Sector, Commonwealth Government

2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
$m
$m
$m
$m
$m
$m

GFS Cash surplus(+)/deficit(-)
-18 994
-38 177
-37 441
-43 726
-40 713
-13 896


BALANCE SHEET RESULTS, Total Public Sector, Commonwealth Government

at 30 June 2013
at 30 June 2014
at 30 June 2015
at 30 June 2016
at 30 June 2017
at 30 June 2018
$m
$m
$m
$m
$m
$m

Total assets
458 873
544 713
585 393
633 756
714 312
740 957
Total liabilities
668 568
792 816
887 227
1 049 843
1 113 158
1 170 657
GFS Net worth
-209 695
-248 103
-301 834
-416 087
-398 845
-429 700



TOTAL PUBLIC SECTOR, STATE GOVERNMENT

The GFS net operating balance for state government total public sector moved from $4,886m in 2016-17 to -$571m in 2017-18.

Between 30 June 2017 and 30 June 2018 the GFS net worth for the state government total public sector moved from $784,023m to $822,535m.


OPERATING RESULTS, Total Public Sector, State Government

2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
$m
$m
$m
$m
$m
$m

GFS Net operating balance
New South Wales
-622
2 245
5 379
4 284
5 216
3 466
Victoria
-1 739
624
-1 167
1 382
-281
-1 170
Queensland
-6 318
-919
-914
-730
2 656
143
South Australia
-624
-1 011
-332
-178
-110
-700
Western Australia
-300
230
-562
-2 844
-2 922
-1 830
Tasmania
-45
48
-121
-47
654
26
Northern Territory
-28
130
521
354
-103
-397
Australian Capital Territory
-390
-268
-282
-284
-207
-103
Total all states
-10 069
1 068
2 509
1 914
4 886
-571
GFS Net lending(+)/borrowing(-)
New South Wales
-2 964
-2 204
118
-3 403
-5 773
-7 277
Victoria
-11 260
-2 112
-3 218
-1 871
-4 008
-9 674
Queensland
-11 258
-5 552
-2 852
-2 646
110
-2 035
South Australia
-929
-1 575
-204
-353
-3 122
-1 044
Western Australia
-3 291
-3 045
-2 898
-5 510
-4 355
-2 985
Tasmania
-162
-205
-115
-199
348
-324
Northern Territory
-537
-96
-111
-89
-576
-817
Australian Capital Territory
-770
-565
-852
-503
-126
-153
Total all states
-31 173
-15 366
-10 146
-14 596
-17 520
-24 315


CASH FLOW RESULTS, Total Public Sector, State Government

2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
$m
$m
$m
$m
$m
$m

GFS Cash surplus(+)/deficit(-)
New South Wales
1 921
1 057
2 169
-1 435
-3 671
-4 644
Victoria
-7 404
670
-1 296
781
-476
-5 002
Queensland
-11 752
-5 910
-2 188
-1 943
2 150
-494
South Australia
-1 279
-2 198
-2 907
-505
-831
-739
Western Australia
-3 861
-2 424
-2 411
-4 700
-4 797
-3 013
Tasmania
-49
-12
24
62
613
311
Northern Territory
-484
42
339
-101
-480
-739
Australian Capital Territory
-614
-186
-733
-614
50
63
Total all states
-23 522
-8 961
-7 005
-8 452
-7 441
-14 241


BALANCE SHEET RESULTS, Total Public Sector, State Government

at 30 June 2013
at 30 June 2014
at 30 June 2015
at 30 June 2016
at 30 June 2017
at 30 June 2018
$m
$m
$m
$m
$m
$m

GFS Net worth
New South Wales
164 400
165 405
178 267
179 718
226 765
255 952
Victoria
132 598
130 767
139 516
151 886
170 715
187 004
Queensland
175 683
171 420
169 523
193 314
196 262
196 327
South Australia
39 363
39 658
39 952
37 611
42 450
43 025
Western Australia
113 284
117 121
121 779
115 364
111 021
103 159
Tasmania
9 996
9 357
8 590
7 168
9 621
10 549
Northern Territory
7 886
7 766
9 810
9 690
11 055
10 636
Australian Capital Territory
15 545
15 239
14 833
12 857
16 134
15 883
Total all states
658 754
656 733
682 271
707 607
784 023
822 535