Latest release

Machinery and equipment (TALC 12)

Australian System of Government Finance Statistics: Concepts, Sources and Methods
Reference period
2015
Released
23/12/2015
Next release Unknown
First release
A1A.266.

Machinery and equipment (TALC 12) is further classified into:

  • transport equipment (TALC 121);
  • information, communication and telecommunications equipment (TALC 122); and
  • machinery and equipment not elsewhere classified (TALC 129).

Machinery and equipment forming an integral part of a building or other structure are included in the value of the building or structure rather than in this category.

Transport equipment (TALC 121)

A1A.267.

Transport equipment (TALC 121) consists of equipment for moving people and objects.

Includes:    Motor vehicles; trailers; semitrailers; ships; railway and tramway locomotives and rolling stock; aircraft; motorcycles; bicycles; spacecraft.

Excludes:   Houseboats, barges, mobile homes and caravans used as principal residences (classified to TALC 111 Dwellings); transport equipment acquired by households for final consumption.

Information, computer and telecommunications equipment (TALC 122)

A1A.268.

Information, computer and telecommunications equipment (TALC 122) consists of devices using electronic controls and also the electronic components forming part of these devices.

Includes:    Products that form part of computing machinery and parts and accessories thereof such as processors, hard drives, monitors and keyboards; television and radio transmitters; television; video; digital cameras; telephone sets.

Excludes:   Computer software (classified to computer software (TALC 143)); computer equipment acquired by households for final consumption.

Machinery and equipment not elsewhere classified (TALC 129)

A1A.269.

Machinery and equipment not elsewhere classified (TALC 129) consists of all machinery and equipment that cannot be classified to transport equipment (TALC 121) or information, computer and telecommunications equipment (TALC 122).

Includes:    General-purpose and special-purpose machinery; office and accounting equipment; electrical machinery; medical appliances; precision and optical instruments; furniture; watches and clocks; musical instruments; sports goods; paintings, sculptures and other works of art; antiques; and collections of considerable value that are not held primarily as stores of value but are owned and displayed for the purpose of producing museum and similar services.

Excludes:   Tools, such as hand tools, that are inexpensive and purchased at a relatively steady rate and do not form a large share of the stock of machinery and equipment (classified to use of goods and services (ETF 1233, COFOG-A, SDC)); weapons systems (classified to weapons systems (TALC 151)); items of considerable value that are owned primarily as stores of value that are not intended for use in production (classified to valuables (TALC 221)); machinery and equipment that form an integral part of a building or other structure (classified to buildings other than dwellings (TALC 112) or structures not elsewhere classified (TALC 119)); machinery and equipment acquired by households for final consumption.