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Appendix 1 - Part A - Government finance statistics classifications framework

Australian System of Government Finance Statistics: Concepts, Sources and Methods
Reference period
2015
Released
23/12/2015
Next release Unknown
First release

Institutional sector classification

A1A.1.

The institutional sector classification (INST) used in Australia's Government Finance Statistics (GFS) system is a standard classification which defines institutional sectors that are also included in the standard economic sector classifications of Australia (SESCA). An institutional sector groups together similar kinds of institutional units according to the nature of the economic activity they undertake. The general government sector, public non-financial corporation sector, and public financial corporation sector equate to the total public sector. The INST is shown in Table A1A.1 below

Table A1A.1 - Institutional sector classification

INST

Descriptor

100

Public non-financial corporations

200

Public financial corporations

300

General government

Level of government classification

A1A.2.

The level of government classification (LOG) used in Australia's GFS system is a standard Australian Bureau of Statistics (ABS) classification that is included in the SESCA. This classification divides the total public sector into three tiers of government to reflect the administrative and legal arrangements of government in Australia for output purposes. Although conceptually control not further defined is not a level of government by convention, this has been allocated as a level of government in the Australian GFS classification system. The corresponding levels of the total public sector in Australia are described in Table A1A.2.

Table A1A.2 - Level of government classification

LOG

Descriptor

1

Commonwealth

2

State / Territory¹

3

Local

4

Control not further defined²

¹ Includes Norfolk Island.
² Includes public universities.

 

Jurisdiction classification

A1A.3. 

The jurisdiction classification (JUR) further divides the total public sector into classes based on the government which exercises control over a particular institutional unit. The classes refer to the governments of the Commonwealth and the individual Australian states and territories and are called jurisdictions. In this context, the term 'jurisdiction' is indicative of the public sector units over which the Commonwealth Government or an individual state or territory government has direct control or (in the case of local government authorities) the government which administers the legislation under which the authority is established. The categories making up the jurisdiction classification (JUR) are shown in Table A1A.3 below.

Table A1A.3 - Jurisdiction classification

JUR

Descriptor

0

Commonwealth

1

New South Wales

2

Victoria

3

Queensland

4

South Australia

5

Western Australia

6

Tasmania

7

Northern Territory

8

Australian Capital Territory

9

Norfolk Island

The source destination classification

A1A.4.

The source destination classification (SDC) is a classification that is used for the identification of the sector that is the source or destination of transactions in, and stocks of, assets and liabilities in the Australian GFS. The SDC identifies the source of the funds if a transaction is an operating revenue or a cash receipt, and the destination of the funds if the transaction is an operating expense or a cash payment. For balance sheet items, the SDC identifies the sector in which a financial asset is held and the sector to which a liability is owed. The SDC is shown in Table A1A.4 below.
 

Table A1A.4 - Source destination classification

SDC

Descriptor

110

 Commonwealth public non-financial corporations

120

 Commonwealth public financial corporations

130

 Commonwealth general government

21j

 State / territory public non-financial corporations

22j

 State / territory public financial corporations

23j

 State / territory general government

31j

 Local public non-financial corporations

32j

 Local public financial corporations

33j

 Local general government

41j

 Control not further defined public non-financial corporations

42j

 Control not further defined public financial corporations

43j

 Control not further defined general government

911

 Resident private non-financial corporations

912

 Resident private depository corporations

913

 Resident households

914

 Resident non-profit institutions serving households

915

 Other resident private financial corporations

919

 Residents not elsewhere classified

921

 Non-resident private depository corporations

929

 Non-residents not elsewhere classified

Please note: j denotes the state / territory of jurisdiction.