Produced assets (TALC 1)

Latest release
Australian System of Government Finance Statistics: Concepts, Sources and Methods
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Reference period
2015
A1A.260.

Produced assets (TALC 1) are assets that are used repeatedly or continuously in production processes for more than one year. This category is further classified into:

  • buildings and structures (TALC 11);
  • machinery and equipment (TALC 12);
  • cultivated biological resources (TALC 13);
  • intellectual property products (TALC 14); and
  • weapons systems (TALC 15).