5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2013   
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MAIN FEATURES EXPENDITURE CHAIN VOLUME MEASURES

Trend
Seasonally adjusted
% change Mar 13 to Jun 13
% change Jun 12 to Jun 13
% points contributions to growth in GDP Mar 13 to Jun 13
% change Mar 13 to Jun 13
% change Jun 12 to Jun 13
% points contributions to growth in GDP Mar 13 to Jun 13

Final consumption expenditure
General government
0.5
0.6
0.1
0.8
0.3
0.1
Households
0.5
2.0
0.3
0.4
1.8
0.2
Gross fixed capital formation
Private
Dwellings
0.2
3.9
-
-0.6
4.0
-
Ownership transfer costs
4.1
9.1
-
8.6
13.3
0.1
Non-dwelling construction
6.3
10.9
0.6
14.9
16.5
1.3
Machinery and equipment
-4.0
-10.2
-0.2
-1.4
-8.2
-0.1
Cultivated biological resources
0.4
-0.7
-
5.7
2.7
-
Intellectual property products
0.1
3.7
-
0.8
3.7
-
Public
-11.9
-19.5
-0.6
-28.7
-34.8
-1.4
Changes in inventories
-
-
-0.2
na
na
0.2
Gross national expenditure
-
0.2
-
0.6
0.5
0.6
Exports of goods and services
1.2
6.6
0.3
1.3
6.4
0.3
Imports of goods and services
-0.7
-2.7
0.1
1.6
-1.8
-0.3
Statistical discrepancy (E)
na
na
0.1
na
na
0.1
Gross domestic product
0.5
2.5
0.5
0.6
2.6
0.6

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



JUNE QUARTER

Summary Comments

Final Consumption Expenditure
  • Household final consumption expenditure increased 0.4% in seasonally adjusted terms. The main contributors to growth in Household final consumption expenditure were Insurance and Other financial services (0.2 percentage points), Rent and Other dwelling services, Purchase of vehicles and Food, each contributed 0.1 percentage points. The main detractor was Recreation and Culture (-0.2 percentage points). Government final consumption expenditure increased 0.8% in seasonally adjusted terms.

Gross fixed capital formation
  • Gross fixed capital formation fell 0.1% in seasonally adjusted terms. Private and public gross fixed capital formation were influenced by a transfer of an asset from Total public corporations gross fixed capital to private Total non dwelling construction. This drove increases in Total non-dwelling construction (14.9%) and Total private gross fixed capital formation (5.9%). This also drove offsetting decreases in Total public corporations (-88.8%) and Total public gross fixed capital formation (-28.7%). Underlying the effect of the asset sale for private capital were decreases in New building (-1.6%), New engineering construction (-0.8%) and Total machinery and equipment (-1.4%). This was offset by Ownership transfer costs which increased 8.6%. For public capital the main underlying movement was Total general government gross fixed capital formation down 3.7%.

Changes in inventories
  • Total inventories increased $98m in seasonally adjusted terms compared with an decrease of -$726m last quarter. The Change in inventories added 0.2 percentage points from GDP growth during the quarter.

Exports and imports of goods and services
  • Exports of goods and services increased 1.3% in seasonally adjusted terms. Seasonally adjusted Exports of goods increased 1.5% and Exports of services increased 0.1%. For Exports of goods, Rural exports increased 4.6% and Non-rural exports increased 0.5%.
  • Imports of goods and services increased 1.6% in seasonally adjusted terms. Seasonally adjusted Imports of goods increased 2.7% and Imports of services decreased 2.7%. For Imports of goods, Capital imports increased 8.8% and Consumption goods decreased -2.1%.