5232.0 - Australian National Accounts: Financial Accounts, Sep 2008
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 18/12/2008
|Page tools: Print Page Print All|
Deposit liabilities increased to $1,415.8b at the end of September 2008, following transactions of $58.4b during the quarter compared with transactions of $53.2b in the previous quarter. The major contributors were banks which accepted $46.4b (up $15.3b on the previous quarter) and the central bank which accepted $6.6b (down $8.6 on the previous quarter). Domestic sectors deposited a net $2.5b with the rest of the world, of which deposits by banks were $7.8b and withdrawals by the central bank were $4.3b.
Short term security liabilities increased to $635.1b at the end of September 2008. There were net issuances of $7.8b, made up of $2.0b in issues of bills of exchange and $5.8b in one name paper. Total long term debt security liabilities increased to $1,048.5b at the end of September 2008, following net redemptions of $29.3b during the quarter. Banks redeemed net $9.7b of bonds offshore and issued net $1.3b domestically, to give total redemptions of net $8.5b. Financial intermediaries n.e.c., rest of the world, national general government, and private non-financial corporations redeemed net $14.6b, $3.2b, $2.9b and $2.7b respectively whereas central borrowing authorities issued net $2.7b.
Derivative contracts on issue increased by $16.0b to $358.6b. Components of the increase were net settlements of $8.8b and valuation increases of $24.8b.
Loan liabilities rose by $98.6b to $2,851.3b following transactions of $75.7b. Non-financial corporations borrowed $38.4b; banks, $24.3b; households, $11.5b; and rest of the world, $9.6b. These were offset by the repayment by financial intermediaries n.e.c, $9.9b.
The listed share market decreased by $165.3b to $1,177.5b, with valuation decreases of $183.6b and net issues of $18.3b. Private non-financial corporations issued net $11.4b, banks net $5.5b and financial Intermediaries n.e.c. net $1.4b. The unlisted share market decreased by $33.7b to $1,129.8b, with issues of $18.4b and valuation decreases of $52.0b. Rest of the world issued net $11.3b, private non-financial corporations net $7.7b, and financial intermediaries n.e.c. bought back net $2.3b during the quarter.
At the end of September 2008, the reserves of life offices and pension funds were $1,087.4b following transactions during the quarter of $12.7b and valuation decreases of $59.2b. Other insurance corporation prepayments and reserves were $71.2b.
HAVE YOUR SAY
5232.0 - Australian National Accounts: Financial Accounts will be reviewed next year as part of ABS implementation of new international statistical standards. We would value your input and assistance in helping to shape this publication to meet your needs. A short feedback form is linked below for your comments.
By clicking on this link, you will open a new window, and will be directed to a secure website external to the Australian Bureau of Statistics.
These documents will be presented in a new window.