5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2015 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 02/12/2015   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

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

Final consumption expenditure
General government
1.0
3.7
0.2
0.7
3.6
0.1
Households
0.6
2.5
0.3
0.7
2.7
0.4
Gross fixed capital formation
Private
Dwellings
1.2
8.8
0.1
0.9
10.3
-
Ownership transfer costs
0.8
5.0
-
-3.6
4.6
-0.1
Non-dwelling construction
-2.6
-10.5
-0.2
-5.3
-11.7
-0.4
Machinery and equipment
-3.9
-9.3
-0.2
-4.6
-10.7
-0.2
Cultivated biological resources
1.7
2.1
-
4.1
6.6
-
Intellectual property products
-1.4
-2.8
-
-0.1
-1.8
-
Public
-1.8
-2.8
-0.1
-9.2
-7.9
-0.4
Changes in inventories
-
-
na
na
na
-0.1
Gross national expenditure
0.1
0.8
0.1
-0.6
0.2
-0.6
Exports of goods and services
0.8
5.0
0.2
4.6
6.5
1.0
Imports of goods and services
-0.3
0.5
0.1
-2.4
-1.2
0.5
Statistical discrepancy (E)
na
na
0.2
na
na
0.1
Gross domestic product
0.6
2.3
0.6
0.9
2.5
0.9

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



SEPTEMBER QUARTER

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure increased 0.7% in seasonally adjusted terms. Growth in Household final consumption expenditure came from Food, Rent and other dwelling services, Operation of vehicles and Insurance and other financial services, each contributing 0.1 percentage points. Government final consumption expenditure increased 0.7% in seasonally adjusted terms.

Gross fixed capital formation
  • Gross fixed capital formation decreased 4.0% in seasonally adjusted terms. Public and private investment both fell during the quarter, with Public down 9.2% and Private down 2.9%. The fall in Private investment was driven by falls in Non-dwelling construction (-5.3%) and Machinery and equipment (-4.6%). Partially offsetting this fall was a rise in Dwellings (0.9%). The fall in Total gross fixed capital formation detracted 1.0 percentage points from GDP growth during the quarter.

Changes in inventories
  • Total inventories decreased $411m in seasonally adjusted terms compared with an increase of $145m last quarter. The Change in inventories detracted 0.1 percentage points from GDP growth during the quarter. The fall in inventories, was driven by falls in the Manufacturing, Wholesale trade and Farm industries.

Exports and imports of goods and services
  • Exports of goods and services increased 4.6% in seasonally adjusted terms. Seasonally adjusted Exports of goods rose 5.4%, with Non-rural exports up 4.8% and Rural exports down 6.4%.
  • Imports of goods and services decreased 2.4% in seasonally adjusted terms. Seasonally adjusted Imports of goods fell 1.8% with Capital goods up 0.8%, offset by Intermediate goods down 5.3% and Consumption goods up 0.8%.