5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2015 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/03/2016   
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MAIN FEATURES STATE FINAL DEMAND CHAIN VOLUME MEASURES

Seasonally adjusted
New South Wales
Victoria
Queensland
South Australia
Western Australia
Tasmania
Northern Territory
Australian Capital Territory
Australia(a)
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15
% change
Sep 15 to
Dec 15

Final consumption expenditure
General government
-
1.9
1.0
0.2
0.3
0.8
-1.8
0.6
0.7
Households
0.9
1.0
0.5
1.0
0.3
0.6
0.2
1.5
0.8
Gross fixed capital formation
Private
2.2
0.3
-3.5
-3.7
-7.4
0.1
-16.6
-3.0
-1.9
Public
3.3
7.0
9.3
13.3
3.1
3.1
0.8
6.9
6.0
State final demand
1.1
1.2
0.1
0.4
-2.3
0.7
-6.3
1.0
0.4

- nil or rounded to zero (including null cells)
(a) Australia estimates relate to Domestic final demand.



DECEMBER QUARTER

Summary Comments

New South Wales
  • New South Wales State final demand increased 1.1% in the December quarter on the back of a 0.1% increase in the September quarter (revised up from a published -0.2%). Household final consumption expenditure was the largest contributor to growth at 0.9% with increases in most categories with Cigarettes and tobacco and Purchase of vehicles the only detractors from growth. Private gross fixed capital formation increased 2.2% driven by a 7.7% increase in Machinery and equipment and a 2.2% increase in Non-dwelling construction. Public gross fixed capital formation increased 3.3% with the increase in Public corporations offsetting the fall from the General government sector.

Victoria
  • Victoria State final demand increased 1.2% in the December quarter with growth in all components and follows the 0.4% increase in the September quarter (revised up from a published 0.0%). Household final consumption expenditure was the main contributor to growth at 1.0%, adding 0.6 percentage points to Victorian State final demand, and was largely driven by Recreation and culture and Food. Growth in the public sector also contributed to the rise, with Government final consumption expenditure increasing 1.9% and Public gross fixed capital formation increasing 7.0%. Private gross fixed capital formation was up slightly at 0.3% with Dwellings and Machinery and equipment offsetting the second consecutive fall in Non-dwelling construction.

Queensland
  • Queensland State final demand increased 0.1% in the December quarter following an unrevised -0.2% in the September quarter. Household final consumption expenditure again increased 0.5% with continued strength coming from Health, while State and local drove the growth in Government final consumption expenditure which increased 1.0%. Public gross fixed capital formation increased 9.3% largely due to a rise of 12.3% from State and local General government. There was continued weakness in Private gross fixed capital formation which was down 3.5% and detracting 0.7 percentage points from Queensland State final demand. The 4.7% increase in Dwellings was driven by an increase in the number of commencements, however this was not enough to offset the 9.0% fall in Non-dwelling construction, as activity relating to large scale projects continued to decline.

South Australia
  • South Australia State final demand increased 0.4% in the December quarter following the 0.5% rise in the September quarter (revised up from a published 0.1%). Recreation and culture and Hotels, cafes and restaurants drove the 1.0% increase in Household final consumption expenditure with Cigarettes and tobacco the only detractor. Increases in Public corporations and General government drove the increase of 13.3% in Public gross fixed capital formation. Growth was offset by falls in Private gross fixed capital formation with falls in Dwellings and Non-dwelling construction detracting 0.3 percentage points each from South Australia State final demand.

Western Australia
  • Western Australia State final demand for the December quarter fell 2.3% following a 1.4% fall in the September quarter (revised down from a published -1.3%). Private gross fixed capital formation continues to be the biggest detractor from growth with a fall of 13.5% in Non-dwelling construction, detracting 2.5 percentage points from growth, and offsetting the increases in Dwellings and Machinery and equipment. Health and Recreation and culture drove the Household final consumption expenditure increase of 0.3%, while Government final consumption expenditure was also up slightly at 0.3%. Public gross fixed capital formation increased 3.1% due to an increase of 7.4% from Public Corporations.

Tasmania
  • Tasmania State final demand rose 0.7% for the December quarter following a 0.5% increase in the September quarter (revised up from a published 0.1%). Final consumption expenditure drove growth while Gross fixed capital formation was largely flat. Household final consumption expenditure was the strongest contributor to growth, rising 0.6% and contributing 0.3 percentage points, due to Hotels, cafes and restaurants and Recreation and culture. Government final consumption expenditure grew 0.8% due to strength from State and local government. Dwellings rose 5.9%, bouncing back after a fall in the September quarter, Private gross fixed capital formation was soft at 0.1% as the rise in dwellings was partially offset by a fall of 7.7% in Machinery and equipment.

Northern Territory
  • Northern Territory State final demand fell 6.3% in the December quarter following the 7.7% fall in the September quarter (revised down from a published -7.4%). Private gross fixed capital formation fell (-21.1%) for the third consecutive quarter, detracting 2.5 percentage points from Northern Territory State final demand. This decrease was driven by a large fall of 18.0% in Non-dwelling construction. Machinery and equipment fell for the fifth consecutive quarter with a decrease of 24.8%. Government final consumption expenditure further contributed to the falls as State and local consumption expenditure fell 1.9%.

Australian Capital Territory
  • Australian Capital Territory State final demand increased 1.0% for the December quarter following the 1.2% fall in the September quarter (revised up from -1.5%). Public gross fixed capital formation was the largest contributor to growth, rising 6.9% and contributing 0.5 percentage points to State final demand growth, due to an increase in National general government. There was also growth in Final consumption expenditure of 0.9%, with Government and Household final consumption expenditure increasing 0.6% and 1.5% respectively. A fall of 11.0% in Machinery and equipment following two strong quarters of growth drove the fall in Private gross fixed capital formation.