5220.0.55.005 - Emphasising the State perspective: Experimental estimates of State capital stock , 2015-16  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/12/2016   
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Continuing the ABS program of enhancing the State perspective within the National Accounts, experimental estimates of State gross fixed capital formation by industry and State capital stock have been developed for the first time. Existing estimates of State gross fixed capital formation, as published in Australian National Accounts: State Accounts (cat. no. 5220.0), have been distributed by industry using ABS data sources such as Private New Capital Expenditure and Expected Expenditure (cat. no. 5625.0) and Government Finance Statistics (cat. no. 5512.0). The production of State gross fixed capital formation data by industry also allows for the development of State capital stock estimates using the perpetual inventory model. This is consistent with Australia level capital stock estimates as published in Australian System of National Accounts (cat. no. 5204.0).

This statistical release includes experimental estimates of State gross fixed capital formation and State capital stock by industry, by asset type, and by sector. The production of State capital stock by industry will facilitate State Multifactor productivity analysis, which the ABS is currently developing.