TIME SERIES TOTAL PUBLIC SECTOR, 2007–08 TO 2012–13


For the Total Public Sector across All Levels of Government, GFS revenue increased by $30,818m (5.6%) from $549,680m in 2011–12 to $580,498m in 2012–13. Over the same period GFS expenses increased by $15,037m (2.6%) from $589,185m to $604,222m. As a result the GFS net operating balance moved from –$39,506m in 2011–12 to –$23,724m in 2012–13.

Between 30 June 2012 and 30 June 2013 GFS net worth across the Total Public Sector moved from $726,055m to $836,896m.

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
	2007–08	2008–09	2009–10	2010–11	2011–12	2012–13
	$m	$m	$m	$m	$m	$m
GFS Revenue	470 999	472 982	474 541	513 335	549 680	580 498
GFS Expenses	434 715	494 931	518 064	553 897	589 185	604 222
GFS Net Operating Balance	36 284	–21 949	–43 524	–40 562	–39 506	–23 724
Net acquisition of non-financial assets	31 699	42 400	50 590	43 467	40 467	31 464
GFS Net Lending(+)/Borrowing(-)	4 585	–64 349	–94 113	–84 029	–79 973	–55 188
Cash Surplus (+)/Deficit (-)	8 934	–51 156	–86 063	–71 927	–74 067	–57 061
Total assets	1 520 658	1 719 131	1 836 936	1 874 582	1 952 097	2 068 694
Total liabilities	625 029	781 906	905 995	965 727	1 226 042	1 231 798
GFS Net worth	895 629	937 226	930 941	908 855	726 055	836 896

For the Commonwealth Government Total Public Sector, GFS revenue increased by $24,350m (6.9%) from $351,479m in 2011–12 to $375,829m in 2012–13. Over the same period GFS expenses increased by $6,255m (1.6%) from $390,973m to $397,228m. As a result the GFS net operating balance moved from –$39,494m in 2011–12 to –$21,399m in 2012–13.

Between 30 June 2012 and 30 June 2013 GFS net worth for the Commonwealth Government Total Public Sector moved from –$248,119m to –$199,287m.

MAJOR AGGREGATES, Total Public Sector, Commonwealth Government
	2007–08	2008–09	2009–10	2010–11	2011–12	2012–13
	$m	$m	$m	$m	$m	$m
GFS Revenue	315 059	310 186	298 557	322 223	351 479	375 829
GFS Expenses	288 389	333 787	349 561	368 006	390 973	397 228
GFS Net Operating Balance	26 669	–23 601	–51 004	–45 783	–39 494	–21 399
Net acquisition of non-financial assets	4 381	5 813	8 010	7 150	7 180	2 863
GFS Net Lending(+)/Borrowing(-)	22 288	–29 413	–59 014	–52 932	–46 674	–24 262
Cash Surplus (+)/Deficit (-)	24 206	–23 602	–56 791	–44 993	–42 250	–20 491
Total assets	384 468	413 055	408 537	404 496	421 917	471 311
Total liabilities	306 361	386 725	451 821	500 852	670 036	670 597
GFS Net worth	78 107	26 330	–43 284	–96 355	–248 119	–199 287

For the State Government Total Public Sector, GFS revenue decreased by $2,267m (0.9%) from $261,819m in 2011–12 to $259,552m in 2012–13. Over the same period GFS expenses increased by $3,431m (1.3%) from $263,803m to $267,234m. As a result the GFS net operating balance moved from –$1,984m in 2011–12 to –$7,682m in 2012–13.

Between 30 June 2012 and 30 June 2013 GFS net worth for the State Government Total Public Sector moved from $603,360m to $647,838m.

MAJOR AGGREGATES, Total Public Sector, State Government
		2007–08	2008–09	2009–10	2010–11	2011–12	2012–13
		$m	$m	$m	$m	$m	$m
Total all states
	GFS Revenue	202 491	216 098	243 810	252 280	261 819	259 552
	GFS Expenses	196 650	217 921	239 520	254 125	263 803	267 234
GFS Net Operating Balance		5 841	–1 823	4 290	–1 845	–1 984	–7 682
New South Wales		1 505	909	3 787	1 004	1 596	1 015
Victoria		1 420	–238	465	–768	–1 363	–1 107
Queensland		–1 059	–2 570	–2 265	–3 642	–2 542	–6 094
South Australia		662	–341	744	129	–82	–652
Western Australia		2 438	217	826	1 126	329	–336
Tasmania		192	28	165	114	–61	–98
Northern Territory		482	242	513	183	160	–30
Australian Capital Territory		199	–56	57	11	–11	–379
Net acquisition of non-financial assets		22 619	30 124	35 262	29 894	26 005	20 777
GFS Net Lending(+)/Borrowing(-)		–16 778	–31 947	–30 972	–31 739	–27 988	–28 459
New South Wales		–4 393	–6 831	–5 947	–6 569	–5 213	–1 049
Victoria		–1 346	–5 867	–5 704	–6 916	–7 019	–10 679
Queensland		–11 132	–13 522	–12 020	–12 169	–9 796	–11 030
South Australia		317	–1 591	–1 854	–1 775	–1 450	–975
Western Australia		–835	–3 563	–4 308	–2 365	–2 873	–3 327
Tasmania		175	–486	–533	–575	–372	–215
Northern Territory		225	–103	–305	–799	–675	–489
Australian Capital Territory		209	29	–298	–568	–581	–694
Cash Surplus (+)/Deficit (-)		–14 825	–25 288	–24 018	–26 676	–24 521	–31 726
New South Wales		–3 955	–5 305	–4 582	–4 732	–7 497	184
Victoria		–763	–4 939	–3 832	–5 691	–4 700	–13 590
Queensland		–11 174	–11 086	–10 404	–11 003	–8 749	–11 827
South Australia		388	–1 303	–1 596	–1 927	–234	–1 464
Western Australia		–510	–2 446	–2 954	–2 064	–2 318	–3 962
Tasmania		340	–328	–437	–218	–209	–48
Northern Territory		295	77	–130	–704	–444	–476
Australian Capital Territory		554	42	–83	–337	–361	–534
Total assets		849 692	988 447	1 074 914	1 110 161	1 153 000	1 201 510
Total liabilities		314 228	386 599	447 614	458 207	547 854	551 874
GFS Net worth		535 464	601 847	625 539	650 188	603 360	647 838
New South Wales		146 513	135 437	151 161	163 348	143 353	164 380
Victoria		91 635	118 295	119 416	126 516	112 714	121 822
Queensland		155 160	185 174	176 574	172 318	167 802	175 475
South Australia		21 199	24 152	36 239	40 958	37 212	39 373
Western Australia		92 898	107 460	108 190	112 548	111 834	113 363
Tasmania		11 438	11 740	11 375	10 775	9 325	10 015
Northern Territory		3 212	4 753	6 844	7 517	7 007	7 864
Australian Capital Territory		13 408	14 836	15 739	16 209	14 114	15 545