Australian National Accounts: National Income, Expenditure and Product

• 1.4% rise in Hotels, cafes and restaurants
• 1.3% rise in Health
• 2.1% rise in Furnishings and household equipment
• 0.4% rise in Rent and other dwelling services
• 0.8% rise in Recreation and culture
• 0.8% rise in Insurance and other financial services
• 1.3% rise in Clothing and footwear
• 0.9% rise in Transport services
• 0.5% rise in Other goods and services
• 0.3% rise in Food

The increase was partly offset by a:

• 9.5% fall in Electricity, gas and other fuel
• 4.6% fall in Purchase of vehicles
• 11.3% fall in Cigarettes and tobacco

• 1.0% rise in State and local
• 0.6% rise in National non-defence
• 2.1% rise in National defence

• 4.5% rise in ownership transfer costs
• 1.3% rise in non-dwelling construction
• 1.9% rise in intellectual property products
• 0.6% rise in dwellings

The increase was partly offset by a:

• 2.0% fall in machinery and equipment
• 1.9% fall in cultivated biological resources

• 1.4% rise in state and local general government
• 7.1% rise in national defence
• 6.1% rise in Commonwealth public corporations

The increase was partly offset by a:

• 3.3% fall in state and local public corporations
• 1.4% fall in national non-defence

Total inventories rose $657m following a fall of $1,801m in the September quarter 2025. The largest contributors to the increase were a:

• $932m rise in Public Authorities
• $204m rise in Mining
• $60m rise in Farm
• $15m rise in Other Non-Farm

The rise was partly offset by a:

• $290m fall in Manufacturing
• $182m fall in Retail Trade
• $83m fall in Wholesale Trade

• 3.9% rise in Mineral ores
• 6.6% rise in Other rural
• 6.6% rise in Transportation services
• 0.6% rise in Travel services
• 1.1% rise in Other services 
• 1.9% rise in Other manufactures nes
• 7.5% rise in Transport equipment
• 2.1% rise in Machinery
• 0.8% rise in Meat

The rise was partly offset by a:

• 2.8% fall in Non-monetary gold
• 3.2% fall in Metals & metal manufacturing
• 0.4% fall in Other mineral fuels
• 0.3% fall in Coal
• 1.6% fall in Cereals
• 21.4% fall in Net exports of goods under merchanting

• 22.5% rise in Telecommunications equipment
• 40.5% rise in Non-monetary gold
• 9.7% rise in Parts for transport equipment
• 9.9% rise in Capital goods nes
• 5.2% Machinery & industrial equipment
• 126.0% rise in Other merchandise goods 
• 5.6% rise in Parts for other capital goods
• 2.6% rise in Processed industrial supplies nes
• 2.6% rise in Consumption goods nes 
• 4.5% rise in Textile clothing & footwear
• 2.3% rise in Non-industrial transport equipment

The rise was partly offset by a:

• 37.6% fall in Civil aircraft & confidentialised items
• 12.3% fall in ADP equipment
• 3.8% fall in Fuels & lubricants
• 8.5% fall in Industrial transport equipment
• 1.6% fall in Travel services

Compensation of employees rose 1.4%. Both private and public sector COE rose 1.4%. The strength in private sector was driven by Health Care and Social Assistance, Construction, and Professional, Scientific and Technical Services. The rise in Health Care and Social Assistance coincided with the newly applied wage reforms for childcare and aged care sectors. Construction recorded a rise in wages driven by construction services due to higher activity in electrical, mechanical and trade services, while Professional, Scientific and Technical Services increased driven by computer system design services in line with an increase in demand for software development and Information and Communication Technology services. 

The strength in public employee expenses was driven by a number of scheduled pay rises and new enterprise agreements, which impacted Queensland, Victoria, South Australia and Western Australia. These state government pay increases included some backpay and bonuses to health and police workers.

All of the eight states and territories recorded a quarterly rise in COE. The largest increases were:

• 3.1% rise in Northern Territory
• 2.1% rise in Queensland
• 1.7% rise in Australian Capital Territory

Private non-financial corporations GOS rose 1.9%, driven by:

• Rise in Mining due to increased sales volumes and prices for metal ores, gold, and lithium. There was also strength from coal driven by a rise in prices for metallurgical coal. The rise was partly offset by LNG due to a fall in sales volumes and prices.
• Rise in Transport, Postal and Warehousing driven by airlines and airport operators in line with increased sales and decreased operating expenses. Warehousing and storage businesses also recorded a rise due to strong grain harvest.
• Rise in Professional, Scientific and Technical Services due to strong demand for engineering, design and consulting services, in line with high sales and strong pipeline of renewable energy projects under construction.
• Partly offset by a fall in Administrative and Support Services driven by lower activity for travel agents, increased wages and operating costs for labour hire. Arts and Recreation also fell driven by sports and recreation services due to increased expenses. 

Other sectors GOS rose 6.3%, driven by a:

• 2.3% rise in financial corporations, driven by strength in loan and deposit balances with slight increase in margins.
• 1.3% rise in dwellings owned by persons, reflecting rent increases due to population growth and low vacancy rates.
• 7.0% rise in public non-financial corporations.

Taxes on production and imports rose 1.5% driven by taxes on financial and capital transactions, GST, excise tax and partly offset by taxes on international trade. Taxes on financial and capital transactions rose in line with an increase in stamp duty on conveyances driven by New South Wales and Queensland. GST rose, reflecting an increase in household spending on discretionary items coinciding with extended sales period and increased domestic travel during major sporting events, concerts and school holidays. Excise tax rose due to an increase in crude oil and LPG sales volumes. Taxes on international trade fell in line with weakness in tobacco imports. Subsidies on production rose 2.7% driven by state and local general government and national general government subsidy payments. The rise in state and local general government was driven by Victoria due to a rise in subsidy payments related to sustainability fund to support green projects. Western Australia also saw strength driven by payments for water, power and housing for remote indigenous communities. National general government subsides rose driven by subsidy payments related to early childhood education and care.

The increase was driven by a:

• 3.1% rise in Agriculture, driven by increased grain and livestock production.

This was partly offset by a:

• 0.3% fall in Forestry and Fishing.

The increase was driven by a:

• 4.0% rise in Iron Ore Mining, coming off maintenance in September quarter 2025.
• 4.8% rise in Coal Mining with thermal and coking coal production increasing due to improved mining conditions.
• 1.9% rise in Exploration and Mining Support Services.
• 0.2% rise in Oil and Gas Extraction due to increased LNG production.

This was partly offset by a:

• 1.2% fall in Other Mining, driven by copper production. 

The increase was driven by a:

• 3.4% rise in Machinery and Equipment, driven by Transport Equipment Manufacturing.
• 1.1% rise in Food, Beverage and Tobacco Products, driven by meat production.
• 0.3% rise in Metal Products due to continued strength in Primary Metal and Metal Products.

This was partly offset by a:

• 3.8% fall in Petroleum, Coal, Chemical and Rubber Products, driven by pharmaceuticals and fertilisers.
• 1.1% fall in Other Manufacturing.

The increase was driven by a:

• 0.6% rise in Electricity Supply, driven by increased generation from renewable sources.
• 0.3% rise in Water Supply and Waste Services.

This was partly offset by a:

• 0.9% fall in Gas Supply.

The decrease was driven by a:

• 1.1% fall in Construction Services, driven by site and land preparation services.
• 0.1% fall in Heavy and Civil Engineering Construction, driven by public infrastructure projects.

This was partly offset by a:

• 0.6% rise in Building Construction due to residential and non-residential construction.

The increase was driven by:

• Other Goods Wholesaling due to pharmaceutical and cosmetic goods.
• Machinery and Equipment Wholesaling due to electrical and computing product wholesaling.
• Basic Material Wholesaling due to fuel wholesaling.

This was partly offset by:

• Motor Vehicle and Motor Vehicle Parts Wholesaling in line with decreased demand for passenger vehicles. 

The increase was driven by:

• Food Retailing due to increased demand at supermarkets and liquor stores.
• Other Store-Based Retailing due to demand for consumption goods from promotional events.

This was partly offset by:

• Motor Vehicle and Motor Vehicle Parts Retailing due to lower demand for passenger vehicles.

The increase was driven by:

• Accommodation, in line with increased overseas arrivals and recreational activity.
• Food and Beverage Services due to increased demand for cafes, restaurants and takeaway services. 

The increase was driven by a:

• 1.8% rise in Road Transport, in line with a stronger grain harvest.
• 3.3% rise in Air Transport due to international and domestic travel.
• 1.2% rise in Rail, Pipeline and Other Transport, in line with mining activity.

Transport, Postal and Storage Services was flat this quarter (0.0%).

The increase was driven by a:

• 1.2% rise in Other Information and Media Services, driven by data centre activity.
• 1.2% rise in Telecommunications Services.

The increase was driven by a:

• 1.2% rise in Finance, driven by strength in deposit and loan balances
• 1.4% rise in Other Financial and Insurance Services due to mortgage brokering, stock brokering and superannuation activity. 

The increase was driven by a:

• 0.7% rise in Property Operators and Real Estate Services due to increased property market activity.

This was partly offset by a:

• 1.7% fall in Rental and Hiring Services due to decreased leasing activity for heavy machinery.

The increase was driven by a:

• 1.4% rise in Other Professional, Scientific and Technical Services due to increased demand for engineering consulting services.
• 3.5% rise in Computer System Design and Related Services due to IT consulting and software development services.

Administrative And Support Services rose due to event management services.

Public Administration and Safety rose due to public administration activity.

Health Care and Social Assistance rose due to a rise in public and private health.

Arts and Recreation Services fell due to Gambling Activities.

Other Services rose due to Personal and Other Services.

Total final consumption expenditure increased 0.4%, driven by a:

• 0.4% rise in household consumption driven by hotels, cafes and restaurants (2.0%), recreation and culture (1.0%) and health (1.3%). The increase was partially offset by falls in consumption of electricity, gas and other fuels (-10.4%), cigarettes and tobacco (-12.7%) and purchase of vehicles (-0.9%).
• 0.4% rise in government consumption driven by national (1.2%).

Private gross fixed capital formation increased 0.5%, driven by a:

• 3.1% rise in total dwellings driven by increased alterations and additions (3.8%) and new and used dwellings (2.5%).
• 4.9% rise in ownership transfer costs.

Partly offset by a:

• 4.7% fall in total machinery and equipment.

Public gross fixed capital formation increased 4.2%, driven by a:

• 9.7% rise in public corporations driven by increased state and local (10.1%) and national (9.2%).
• 1.8% rise in general government led by increased state and local (2.4%).

Total final consumption expenditure increased 0.3%, driven by a:

• 0.2% rise in household consumption driven by health (1.8%), hotels, cafes and restaurants (2.1%), recreation and culture (0.9%) and furnishings and household equipment (2.2%). The increase was partly offset by falls in electricity, gas and other fuels (-8.7%), purchase of vehicles (-6.1%) and cigarettes and tobacco (-13.2%).
• 0.5% rise in government consumption driven by increased state and local (0.6%) and national spending (0.3%).

Private gross fixed capital formation increased 1.9%, driven by a:

• 5.5% rise in intellectual property products.
• 5.2% rise in ownership transfer costs.
• 2.2% rise in non-dwelling construction.

Public gross fixed capital formation increased 2.3%, driven by a:

• 3.0% rise in general government led by state and local (2.3%).
• 0.7% rise in public corporations led by state and local (0.7%).

Total final consumption expenditure increased 0.6%, driven by a: 

• 0.5% rise in household consumption driven by furnishings and household equipment (3.1%), rent and other dwelling services (0.5%), insurance and other financial services (0.8%) and recreation and culture (0.6%). The increase was partly offset by falls in purchase of vehicles (-6.9%).
• 0.9% rise in government consumption driven by increased state and local (1.1%) and national spending (0.7%).

Private gross fixed capital formation decreased 1.3%, driven by a: 

• 6.5% fall in total machinery and equipment.
• 0.2% fall in total non-dwelling construction led by new building (-3.8%).

Public gross fixed capital formation decreased 1.8%, driven by an: 

• 8.1% fall in public corporations led by state and local (-8.4%).

Partially offset by a:

• 0.7% rise in general government driven by national (4.2%).

Total final consumption expenditure increased 0.9%, driven by a:

• 0.2% rise in household consumption driven by furnishings and household equipment (2.5%), health (1.0%) and insurance and other financial services (0.8%). These were partly offset by falls in purchase of vehicles (-6.3%), electricity, gas and other fuels (-4.2%) and cigarettes and tobacco (-8.8%).
• 2.5% rise in government consumption led by increased state and local spending (3.7%).

Private gross fixed capital formation increased 1.4%, driven by a:

• 3.2% rise in non-dwelling construction led by new buildings (5.3%).
• 1.7% rise in total machinery and equipment.

Public gross fixed capital formation increased 4.3%, driven by a:

• 3.2% rise in general government driven by state and local (2.4%) and national (5.4%).
• 8.4% rise in public corporations led by commonwealth public corporations (26.5%).

Total final consumption expenditure increased 0.5%, driven by a: 

• 2.2% rise in government consumption driven by increased state and local spending (3.2%).

Partly offset by a:

• 0.2% fall in household final consumption driven by electricity, gas and other fuels (-29.0%), cigarettes and tobacco (-15.2%) and purchase of vehicles (-2.9%). These were partly offset by rises in rent and other dwelling services (0.6%), health (1.4%) and furnishings and household equipment (2.2%).

Private gross fixed capital formation increased 1.8%, driven by a: 

• 5.6% rise in total machinery and equipment.
• 1.1% rise in total non-dwelling construction led by new engineering construction (2.8%).

Public gross fixed capital formation decreased 7.0%, driven by a:

• 13.3% fall in public corporations led by state and local (-13.6%).

Total final consumption expenditure increased 0.6%, driven by a:

• 1.2% rise in government consumption driven by increased state and local spending (2.0%).
• 0.3% rise in household final consumption, driven by electricity, gas and other fuel (9.3%), health (1.5%), furnishings and household equipment (2.2%) and transport services (1.8%). These were partly offset by falls in cigarettes and tobacco (-15.0%) and purchase of vehicles (-7.2%).

Private gross fixed capital formation increased 2.8%, driven by a: 

• 5.7% rise in total machinery and equipment.
• 3.6% rise in total non-dwelling construction led by new engineering construction (7.3%).
• 6.7% rise in ownership transfer costs.

Public gross fixed capital formation decreased 7.1%, driven by a: 

• 10.9% fall in public corporations led by state and local (-13.2%).
• 3.0% fall in general government led by national (-5.3%).

Total final consumption expenditure increased 0.7%, driven by a:

• 0.9% rise in government consumption, driven by increased national spending (1.6%).
• 0.5% rise in household consumption, driven by health (3.0%), furnishings and household equipment (3.3%), and hotels, cafes and restaurants (0.7%). These were partly offset by falls in purchase of vehicles (-7.2%) and cigarettes and tobacco (-12.5%).

Private gross fixed capital formation decreased 0.2%, driven by a: 

• 11.3% fall in intellectual property products.

Partly offset by a:

• 13.8% rise in total dwellings, led by new and used dwellings (20.5%).
• 3.3% rise in total machinery and equipment.

Public gross fixed capital formation increased 4.2%, driven by a:

• 4.5% rise in general government driven by national (10.1%). 

Total final consumption expenditure increased 0.9%, driven by a: 

• 1.3% rise in government consumption led by national (1.3%).
• There was effectively no change in household consumption with rises in hotels, cafes and restaurants (1.9%) and most other categories, offset by falls in purchase of vehicles (-17.0%), electricity, gas and other fuels (-15.3%) and cigarettes and tobacco (-11.8%)

Private gross fixed capital formation decreased 5.2%, driven by a:

• 9.5% fall in total dwellings led by new and used dwellings (-9.5%).
• 14.4% fall in total machinery and equipment.

Public gross fixed capital formation increased 2.0%, driven by a:

• 3.1% rise in general government driven by national (5.7%).

Partly offset by an:

• 8.2% fall in public corporations, led by state and local (-8.1%).