1345.4 - SA Stats, Nov 2007
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/11/2007
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The 0.5% increase in South Australia's State Final Demand from the previous quarter was less than the increase observed in the national Domestic Final Demand (1.6%). Of the other states and territories the strongest growth for the quarter was recorded in Western Australia (up 3.8%). State Final Demand for the June quarter fell in the Northern Territory by 0.7%.
In the June 2007 quarter South Australia's State Final Demand comprised 6.7% of Australian Domestic Final Demand, compared to 7.1% for the June 1997 quarter. The proportional contribution to the Australian Domestic Final Demand of New South Wales, Victoria, Tasmania and the Australian Capital Territory also decreased over this time period while that of the other states and territories (Western Australia, Queensland and the Northern Territory) increased. The most notable decreases occurred in New South Wales, with a fall from a 34.2% share to 31.4% and Victoria, down from 24.4% to 23.8%. Queensland increased its share of Australian Domestic Final Demand from 17.6% to 19.9% and Western Australia's share rose from 10.3% to 11.6%.
STATE FINAL DEMAND, Chain volume measures,
Percentage change from previous quarter, South Australia
Source: Australian National Accounts: National Income, Expenditure and Product (cat. no 5206.0)
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE (HFCE)
In chain volume (trend) terms, South Australia's June 2007 quarter HFCE was $9,907m (7.0% of the national total of $140,815m). This represented a 0.7% increase from the March 2007 quarter for South Australia and a 1.0% increase for Australia.
For the June 2007 quarter relative to the March 2007 quarter, Purchase of vehicles recorded the greatest increase in expenditure for South Australia (up 3.5%), followed by Furnishings and household equipment (up 1.9%). For the same period, the greatest increases for Australia were also in Purchase of vehicles (up 3.7%) and Furnishings and household equipment (up 1.4%). The March 2007 expenditure on Hotels, cafes and restaurants in South Australia recorded a decrease of 1.3% while nationally no decrease was observed.
Comparing the June 2007 quarter and the June 2006 quarter, HFCE increased by 2.5% for South Australia and 4.2% for Australia.
The expenditure components which showed the largest increases for South Australia when comparing the June 2007 and June 2006 quarters were: Furnishings and household equipment (up 11.9% to $583m); and Purchase of vehicles (up 7.0% to $321m). The expenditure components which showed the largest increase for Australia when comparing the June 2007 and June 2006 quarters were: Purchase of vehicles (up 11.7% to $5,748m); Furnishings and household equipment (up 7.8% to $8,399m); and Clothing and footwear (up 5.6% to $5,575m). Hotels, cafes and restaurants was the expenditure component which showed the largest decrease for South Australia (a 5.1% decrease to $744m). No Australian expenditure components showed a decrease over this 12 month period, but the smallest increase was seen for Cigarettes and tobacco (up 1.0% to $2,355m). In South Australia, expenditure on Cigarettes and tobacco increased by 0.6% (to $180m) in this time.
Over the ten year period June 1997 quarter to June 2007 quarter, Cigarettes and tobacco was the only expenditure component which showed a decrease; for South Australia the decrease was 15.5% (from $213m to $180m), and for Australia the decrease was 7.9% (from $2,558m to $2,355m).
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE(a), Trend,
Chain volume measures, Percentage change from previous quarter
Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no 5206.0)
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