5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2014 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/12/2014   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change
Jun 14
to
Sep 14
% change
Sep 13
to
Sep 14
% points contributions to growth in GDP
Jun 14
to
Sep 14
% change
Jun 14
to
Sep 14
% change
Sep 13
to
Sep 14
% points contributions to growth in GDP
Jun 14
to
Sep 14

Final consumption expenditure
General government
0.5
1.8
0.1
0.8
1.7
0.1
Households
0.6
2.6
0.3
0.5
2.5
0.3
Gross fixed capital formation
Private
Dwellings
1.0
8.0
-
-0.9
6.8
-
Ownership transfer costs
-1.7
1.4
-
-5.9
0.4
-0.1
Non-dwelling construction
-1.8
-9.4
-0.2
-6.7
-9.8
-0.6
Machinery and equipment
2.5
-1.1
0.1
7.0
-0.4
0.3
Cultivated biological resources
2.7
-3.4
-
8.5
-1.5
-
Intellectual property products
0.4
3.8
-
-4.4
0.9
-0.1
Public
-2.6
-2.2
-0.1
-4.4
-3.6
-0.2
Changes in inventories
-
-
na
na
na
-0.1
Gross national expenditure
0.5
1.5
0.5
-0.4
1.3
-0.4
Exports of goods and services
0.9
5.5
0.2
2.8
7.1
0.6
Imports of goods and services
0.5
-0.3
-0.1
-0.9
-0.8
0.2
Statistical discrepancy (E)
na
na
-0.1
na
na
-
Gross domestic product
0.5
2.7
0.5
0.3
2.7
0.3

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



SEPTEMBER 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 Rent and other dwelling services (0.1 percentage points). Government final consumption expenditure increased 0.8% in seasonally adjusted terms.

Gross fixed capital formation
  • Gross fixed capital formation decreased 2.7% in seasonally adjusted terms. Private gross fixed capital formation decreased 2.4% driven by decreases in Total non-dwelling construction (-6.7%) and Total dwellings (-0.9%). These decreases were offset by an increase in Total machinery and equipment of 7.0%.

Changes in inventories
  • Total inventories increased $838m in seasonally adjusted terms compared with an increase of $1 375m last quarter. The Change in inventories detracted 0.1 percentage points from GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services increased 2.8% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 3.3%, with Non-rural exports up 2.6% and Rural exports flat.
  • Imports of goods and services decreased 0.9% in seasonally adjusted terms. Seasonally adjusted Imports of goods decreased 0.8% with Capital goods down 2.7% and Intermediate goods down 0.5%. Consumption goods partially offset these falls rising 0.8%.