5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2015   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Mar 15 to Jun 15
% change Jun 14 to Jun 15
% points contributions to growth in GDP Mar 15 to Jun 15
% change Mar 15 to Jun 15
% change Jun 14 to Jun 15
% points contributions to growth in GDP Mar 15 to Jun 15

Final consumption expenditure
General government
1.1
3.1
0.2
2.2
4.0
0.4
Households
0.6
2.6
0.3
0.5
2.5
0.3
Gross fixed capital formation
Private
Dwellings
2.5
10.3
0.1
-1.1
7.4
-0.1
Ownership transfer costs
3.0
4.1
-
4.4
3.1
0.1
Non-dwelling construction
-1.8
-12.4
-0.1
0.4
-14.0
-
Machinery and equipment
-1.2
0.3
-0.1
-1.1
1.1
-
Cultivated biological resources
1.4
1.1
-
3.9
3.0
-
Intellectual property products
-0.3
-0.9
-
-2.8
-5.0
-0.1
Public
1.9
-5.3
0.1
4.0
0.4
0.2
Changes in inventories
-
-
na
na
na
-0.2
Gross national expenditure
0.5
1.1
0.5
0.6
0.9
0.6
Exports of goods and services
0.2
5.3
-
-3.3
4.5
-0.7
Imports of goods and services
0.7
1.0
-0.1
-0.7
-0.7
0.1
Statistical discrepancy (E)
na
na
0.1
na
na
0.2
Gross domestic product
0.5
2.2
0.5
0.2
2.0
0.2

- nil or rounded to zero (including null cells)
na not available



JUNE QUARTER

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure increased 0.5% in seasonally adjusted terms. The main contributor to growth in Household final consumption expenditure was Health (0.2 percentage points). Government final consumption expenditure increased 2.2% in seasonally adjusted terms.

Gross fixed capital formation
  • Gross fixed capital formation (GFCF) increased 0.4% in seasonally adjusted terms. Total public GFCF was the main contributor to growth during the quarter (4.0%). This was partially offset by falls in Intellectual property products (-2.8%) and Dwellings (-1.1%).

Changes in inventories
  • Total inventories decreased $182m in seasonally adjusted terms compared with an increase of $580m last quarter. The Change in inventories detracted 0.2 percentage points from GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services decreased 3.3% in seasonally adjusted terms. Seasonally adjusted Exports of goods fell 4.0%, with Non-rural exports down 2.7 % and Rural exports down 0.6%.
  • Imports of goods and services decreased 0.7% in seasonally adjusted terms. Seasonally adjusted Imports of goods fell 0.4% with Capital goods down 9.3%, offset by Intermediate goods up 1.2% and Consumption goods up 4.0%.