TIME SERIES TOTAL PUBLIC SECTOR, 2006–07 TO 2011–12


For the Total Public Sector across All Levels of Government, GFS revenue increased by $37,176m (7.2%) from $513,084m in 2010–11 to $550,260m in 2011–12. Over the same period GFS expenses increased by $35,386m (6.4%) from $553,026m to $588,412m. As a result the GFS net operating balance moved from –$39,942m in 2010–11 to –$38,152m in 2011–12.

Between 30 June 2011 and 30 June 2012 GFS net worth across the Total Public Sector moved from $905,812m to $724,291m.

The following tables show a time series of major aggregates for the Total Public Sector across different levels of government.

MAJOR AGGREGATES, Total Public Sector, All Levels of Government
	2006–07	2007–08	2008–09	2009–10	2010–11	2011–12
	$m	$m	$m	$m	$m	$m
GFS Revenue	445 547	470 714	472 966	474 205	513 084	550 260
GFS Expenses	410 171	434 084	494 189	516 899	553 026	588 412
GFS Net Operating Balance	35 375	36 629	–21 223	–42 694	–39 942	–38 152
Net acquisition of non–financial assets	25 297	31 700	42 448	50 877	43 497	40 017
GFS Net Lending(+)/Borrowing(–)	10 078	4 929	–63 671	–93 571	–83 439	–78 169
Cash Surplus(+)/Deficit(–)	6 270	9 238	–50 842	–85 752	–71 948	–73 308
Total assets	1 338 075	1 520 538	1 719 013	1 836 375	1 874 351	1 953 918
Total liabilities	584 146	625 021	782 071	906 619	968 539	1 229 628
GFS Net worth	753 928	895 516	936 942	929 756	905 812	724 291

For the Commonwealth Government Total Public Sector, GFS revenue increased by $29,632m (9.2%) from $322,330m in 2010–11 to $351,962m in 2011–12. Over the same period GFS expenses increased by $23,124m (6.3%) from $367,978m to $391,102m. As a result the GFS net operating balance moved from –$45,648m in 2010–11 to –$39,140m in 2011–12.

Between 30 June 2011 and 30 June 2012 GFS net worth for the Commonwealth Government Total Public Sector moved from –$99,421m to –$250,315m.

MAJOR AGGREGATES, Total Public Sector, Commonwealth Government
	2006–07	2007–08	2008–09	2009–10	2010–11	2011–12
	$m	$m	$m	$m	$m	$m
GFS Revenue	293 834	315 042	310 286	298 435	322 330	351 962
GFS Expenses	273 743	288 388	333 786	349 277	367 978	391 102
GFS Net Operating Balance	20 091	26 654	–23 500	–50 842	–45 648	–39 140
Net acquisition of non–financial assets	3 758	4 382	5 814	8 294	7 177	7 147
GFS Net Lending(+)/Borrowing(–)	16 333	22 271	–29 314	–59 136	–52 826	–46 287
Cash Surplus(+)/Deficit(–)	17 238	24 186	–23 504	–56 794	–44 996	–42 203
Total assets	339 579	384 341	412 967	408 028	404 397	423 874
Total liabilities	293 439	306 451	387 023	452 680	503 819	674 188
GFS Net worth	46 140	77 890	25 944	–44 652	–99 421	–250 315

For the State Government Total Public Sector, GFS revenue increased by $9,595m (3.8%) from $251,643m in 2010–11 to $261,238m in 2011–12. Over the same period GFS expenses increased by $9,552m (3.8%) from $253,353m to $262,905m. As a result the GFS net operating balance moved from –$1,711m in 2010–11 to –$1,667m in 2011–12.

Between 30 June 2011 and 30 June 2012 GFS net worth for the State Government Total Public Sector moved from $650,211m to $603,710m.

MAJOR AGGREGATES, Total Public Sector, State Government
		2006–07	2007–08	2008–09	2009–10	2010–11	2011–12
		$m	$m	$m	$m	$m	$m
Total all states
	GFS Revenue	192 343	201 876	215 496	243 149	251 643	261 238
	GFS Expenses	180 573	196 020	217 191	238 651	253 353	262 905
GFS Net Operating Balance		11 770	5 857	–1 696	4 498	–1 711	–1 667
New South Wales		3 352	1 521	905	3 847	1 093	1 655
Victoria		2 160	1 420	–120	593	–693	–1 330
Queensland		2 785	–1 073	–2 579	–2 259	–3 675	–2 244
South Australia		330	662	–339	746	128	–83
Western Australia		2 759	2 438	217	827	1 125	306
Tasmania		77	205	37	176	120	–62
Northern Territory		242	482	242	513	183	157
Australian Capital Territory		66	199	–56	57	11	–11
Net acquisition of non–financial assets		16 963	22 619	30 124	35 265	29 902	25 817
GFS Net Lending(+)/Borrowing(–)		–5 194	–16 762	–31 820	–30 767	–31 612	–27 484
New South Wales		–1 751	–4 377	–6 834	–5 888	–6 481	–5 150
Victoria		–766	–1 346	–5 750	–5 579	–6 843	–6 775
Queensland		–4 017	–11 146	–13 531	–12 014	–12 207	–9 491
South Australia		48	317	–1 589	–1 853	–1 775	–1 450
Western Australia		935	–835	–3 563	–4 307	–2 366	–2 896
Tasmania		95	188	–478	–521	–568	–373
Northern Territory		97	225	–103	–305	–799	–628
Australian Capital Territory		166	209	29	–298	–568	–667
Cash Surplus(+)/Deficit(–)		–9 857	–14 824	–25 301	–24 044	–26 711	–24 943
New South Wales		–8 496	–3 955	–5 305	–4 582	–4 743	–7 485
Victoria		–1 316	–762	–4 947	–3 858	–5 713	–4 482
Queensland		–1 325	–11 174	–11 086	–10 404	–11 009	–8 539
South Australia		194	388	–1 303	–1 596	–1 927	–971
Western Australia		411	–510	–2 446	–2 954	–2 060	–2 322
Tasmania		213	340	–328	–437	–218	–204
Northern Territory		196	295	77	–130	–704	–437
Australian Capital Territory		268	554	42	–83	–337	–447
Total assets		746 512	849 553	988 330	1 074 845	1 110 055	1 153 100
Total liabilities		285 871	313 985	386 380	447 362	458 078	547 605
GFS Net worth		460 641	535 569	601 950	625 722	650 211	603 710
New South Wales		135 986	146 596	135 526	151 310	163 364	143 293
Victoria		84 738	91 620	118 277	119 421	126 505	112 738
Queensland		117 835	155 184	185 189	176 577	172 299	168 139
South Australia		22 746	21 199	24 153	36 241	40 960	37 213
Western Australia		75 722	92 890	107 453	108 185	112 536	111 801
Tasmania		9 717	11 458	11 761	11 403	10 821	9 408
Northern Territory		2 722	3 213	4 753	6 845	7 517	7 005
Australian Capital Territory		11 175	13 408	14 836	15 739	16 209	14 114