5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/12/2004   
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Trend
Seasonally adjusted
Quarterly % change Jun 04 to Sep 04
Annual % change Sep 03 to Sep 04
% points contribution to growth in GDP Jun 04 to Sep 04
Quarterly % change Jun 04 to Sep 04
Annual % change Sep 03 to Sep 04
% points contribution to growth in GDP Jun 04 to Sep 04

New South Wales
0.3
3.0
0.1
-0.1
2.8
-
Victoria
0.5
4.5
0.1
0.9
5.0
0.2
Queensland
1.7
8.5
0.3
2.7
10.3
0.5
South Australia
1.0
4.4
0.1
0.2
3.7
-
Western Australia
1.2
5.6
0.1
0.7
4.8
0.1
Tasmania
0.2
6.8
-
0.7
7.1
-
Northern Territory
-1.1
0.3
-
-3.1
-1.7
-
Australian Capital Territory
1.0
3.6
-
1.5
4.2
-
Australia (DFD)
0.8
4.9
0.8
1.0
5.1
1.1

- nil or rounded to zero (including null cells)



SEPTEMBER QUARTER

Summary Comments

State Final Demand

  • In trend terms growth in the September quarter was strongest in Queensland (up 1.7%) and Western Australia (up 1.2%) and weakest in the Northern Territory (down 1.1%). In seasonally adjusted terms, Queensland (up 2.7%) showed the strongest growth with the major contributors being household final consumption expenditure and private gross fixed capital formation. Seasonally adjusted growth was weakest in the Northern Territory (down 3.1%) due mainly to a decline in private gross fixed capital formation.

Household final consumption expenditure
  • Trend growth in the September quarter ranged from 0.6% in New South Wales, South Australia and the ACT to 1.7% in the Northern Territory. Growth in seasonally adjusted terms was recorded in all states with the strongest growth in Western Australia (up 1.8%).

Government final consumption expenditure
  • In trend terms, all states experienced growth in government final consumption expenditure except Tasmania (down 0.3%). Seasonally adjusted growth was strongest in Queensland and Northern Territory, up 3.2% and 2.3% respectively.

Private gross fixed capital formation
  • The pattern of growth in trend terms varied across the states. The ACT showed the strongest growth at 4.7% in the September quarter followed by South Australia at 2.5% and Queensland at 2.2%. New South Wales, Victoria and the Northern Territory had negative trend movements. Seasonally adjusted growth was strongest in the ACT (up 8.6%), while the Northern Territory had the largest fall (down 14.6%).

Public gross fixed capital formation
  • The pattern of growth in trend terms varied across the states. In seasonally adjusted terms, the strongest growth occurred in Queensland (up 6.4%) while WA fell 21.8%.