5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/06/2019   
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MAIN FEATURES PRODUCTION CHAIN VOLUME MEASURES

Trend
Seasonally adjusted


% Change
% Change
% points contribution to
% Change
% Change
% points contribution to
Dec 18 to
Mar 18 to
growth in GDP
Dec 18 to
Mar 18 to
growth in GDP
Mar 19
Mar 19
Dec 18 to Mar 19
Mar 19
Mar 19
Dec 18 to Mar 19

Agriculture forestry and fishing
-2.2
-7.2
-0.1
-0.2
-6.7
-
Mining
0.5
3.8
-
0.1
3.1
-
Manufacturing
-0.2
-1.5
-
0.7
-1.6
-
Electricity gas water and waste services
-0.1
0.2
-
1.2
1.3
-
Construction
-1.8
-5.4
-0.1
-0.9
-4.3
-0.1
Wholesale trade
0.7
2.0
-
0.9
2.0
-
Retail trade
-
0.9
-
-
1.0
-
Accommodation and food services
-0.2
0.2
-
-0.2
0.9
-
Transport postal and warehousing
0.4
0.5
-
0.2
0.7
-
Information media and telecommunications
0.9
2.3
-
0.7
3.0
-
Financial and insurance services
0.7
2.6
0.1
1.2
2.8
0.1
Rental hiring and real estate services
-0.2
1.9
-
-0.4
2.2
-
Professional scientific and technical services
0.3
2.6
-
1.8
3.6
0.1
Administrative and support services
1.2
5.0
-
1.7
4.6
0.1
Public administration and safety
1.3
5.7
0.1
0.6
5.0
-
Education and training
0.5
2.0
-
0.5
2.1
-
Health care and social assistance
1.8
7.7
0.1
1.2
6.9
0.1
Arts and recreation services
1.7
5.5
-
2.1
6.0
-
Other services
0.7
3.7
-
1.8
5.1
-
Ownership of dwellings
0.6
2.4
-
0.6
2.4
0.1
Taxes less subsidies on products
-0.6
-0.3
-
-0.7
0.1
-
Statistical discrepancy (P)
na
na
-
na
na
-0.1
Gross domestic product
0.3
1.7
0.3
0.4
1.8
0.4

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

MARCH QUARTER

Summary Comments

Note
  • All estimates are in seasonally adjusted chain volume terms unless otherwise stated.

Agriculture, Forestry and Fishing
  • Agriculture, Forestry and Fishing fell 0.2% driven by falls in output of grains and other crops. The ongoing drought conditions in the eastern states continue to impact crops. The weakness was partly offset by a rise in livestock output as the slaughter of cattle and calves increased during the quarter. Through the year the industry declined 6.7%.

Mining
  • Mining rose 0.1% driven by Oil and Gas Extraction (1.2%) recording its fifth consecutive rise. The increase was driven by new and existing oil and gas facilities. The rise was partly offset by a fall in Coal Mining (-0.1%) due to adverse weather conditions. Exploration and Mining Support Services (-3.3%) also detracted from growth.

Manufacturing
  • Manufacturing rose 0.7% driven by Food, Beverage and Tobacco Products (2.7%) reflecting ongoing international demand for meat products. Petroleum, Coal, Chemical and Rubber Products (2.4%) and Metal Products (2.3%) also contributed to growth. These rises were partly offset by Machinery and Equipment, which fell 5.8% driven by declines in transport equipment.

Electricity, Gas, Water and Waste Services
  • Electricity, Gas, Water and Waste Services rose 1.2% driven by Electricity Supply (2.1%) and Water Supply and Waste Services (0.4%) and partly offset by Gas Supply (-3.3%). The industry increased services to households due to the above average temperatures experienced during the quarter.

Construction
  • Construction fell 0.9% driven by Heavy and Civil Engineering Construction (-4.0%) due to completions of mining and renewable energy projects. Building Construction fell 0.1% with continued slowdown in residential building construction.

Financial and Insurance Services
  • Financial and Insurance Services rose 1.2% driven by Other Financial and Insurance Services (2.8%) due to a rise in Auxiliary Finance reflecting increased funds under management. Finance rose 0.6% with increased margins and a modest growth in loan and deposit balances.

Rental, Hiring & Real Estate Services
  • Rental, Hiring and Real Estate Services fell 0.4% driven by Property Operators and Real Estate Services (-0.4%) with fewer property settlements during the quarter. Rental and Hiring Services fell 0.4% with decreased demand for machinery and equipment hiring services related to construction. The industry rose 2.2% through the year.

Professional, Scientific and Technical Services
  • Professional, Scientific and Technical Services rose 1.8% with strength in both Computer System Design and Related Services (3.5%) and Other Professional, Scientific and Technical Services (1.2%). This reflects an increased demand for consultancy services.

Administrative and Support Services
  • Administrative and Support Services rose 1.7% reflecting continued demand for employment services. The industry grew 4.6% through the year.

Health Care and Social Assistance
  • Health Care and Social Assistance rose 1.2% driven by continued strength in both public and private health. The industry grew 6.9% through the year.

Other Services
  • Other Services rose 1.8% driven by increased work in repair and maintenance following hail storm damages in the previous quarter.