1367.5 - Western Australian Statistical Indicators, Sep 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 03/10/2007   
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Image: State Accounts STATE ACCOUNTS


Growth in Western Australia's state final demand (trend chain volume measures) continued to accelerate over the last three quarters, rising from 1.3% ($346 million) in the September quarter 2006 to 3.8% ($1,083 million) in the June quarter 2007. Growth in the current quarter was the highest since the December quarter 2005 (3.9%) and was well above growth in all other states and territories, ahead of Queensland (2.4%), New South Wales (1.3%) and Tasmania (1.3%). Nationally, domestic final demand grew 1.6% in the June quarter 2007.

STATE FINAL DEMAND, Chain volume measures - Change from previous quarter
Graph: STATE FINAL DEMAND, Chain volume measures—Change from previous quarter

In seasonally adjusted chain volume terms, Western Australia's state final demand grew 3.2% ($925 million) to $29,503 million in the June quarter 2007. The rise was mainly driven by private investment on machinery and equipment (up 11.2% or $345 million) and intangible fixed assets (up 33.9% or $217 million). The large percentage rise in intangible fixed assets was mainly due to investment in mineral and petroleum exploration. Household final consumption expenditure rose 0.8% ($105 million) during the quarter, mainly on rent and other dwelling services (up 1.0% or $22 million), purchase of vehicles (up 3.1% or $20 million) and clothing and footwear (up 2.1% or $12 million). General government final consumption expenditure recorded a fall of 5.0% ($20 million).