Government Finance Statistics, Australia

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Statistics about finances of the general government and public non-financial corporations sectors for the various levels of government in Australia

Reference period

June 2025

Released

2/09/2025

View all releases

Release date and time

09/09/2025 11:30am AEST

Key statistics

In June quarter 2025:

general government net operating balance rose $2.1b to $1.8b, since March quarter 2025
taxation revenue rose 9.3% to $226.1b, since March quarter 2025
general government borrowing was $17.4b
total public demand is expected to contribute 0.0ppt to the quarterly change in GDP

Unless indicated, all Government Finance Statistics figures presented in this publication are current prices, original series.

Included in this publication is the article Insights into Government Finance Statistics, June 2025, which examines the financial year results using the sum of four quarters. Annual GFS data for 2024-25 will be published on 21/04/2026.

Government Finance Statistics measures

		Sep Qtr 2024	Dec Qtr 2024	Mar Qtr 2025	Jun Qtr 2025	Mar Qtr 2025 to Jun Qtr 2025
		($m)	($m)	($m)	($m)	(% change)
Taxation revenue
	General government	187,509	213,198	206,797	226,093	9.3%
Total revenue
	General government	232,412	252,787	250,493	271,493	8.4%
	Public non-financial corporations	29,805	30,168	30,180	31,854	5.5%
Total expenses
	General government	250,730	255,702	250,740	269,659	7.5%
	Public non-financial corporations	29,578	30,202	29,671	32,810	10.6%
GFS Net Operating Balance
	General government	-18,318	-2,915	-247	1,833	na
	Public non-financial corporations	227	-35	509	-956	na
GFS Net Lending (+)/Borrowing (-)
	General government	-30,333	-18,291	-12,708	-17,440	na
	Public non-financial corporations	-6,927	-8,093	-4,399	-9,622	na

na indicates this value not available for publication but included in totals where applicable, unless otherwise indicated

Net operating balance of all levels of general government
	Revenue ($b)	Expenses ($b)	Net Operating Balance ($b)
Jun-24	272.2	-255.8	16.4
Sep-24	232.4	-250.7	-18.3
Dec-24	252.8	-255.7	-2.9
Mar-25	250.5	-250.7	-0.2
Jun-25	271.5	-269.7	1.8

Net operating balance of all levels of general government

["","Revenue","Expenses","Net Operating Balance"]

[["Jun-24","Sep-24","Dec-24","Mar-25","Jun-25"],[[272.2],[232.4],[252.8],[250.5],[271.5]],[[-255.8],[-250.7],[-255.7],[-250.7],[-269.7]],[[16.4],[-18.3],[-2.9],[-0.2],[1.8]]]

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National accounts public sector measures

The table below includes the key public sector aggregates for June quarter 2025 which will be included in the Australian National Accounts: National Income, Expenditure and Product release. The key figures shown include Total Public Demand, Government Final Consumption Expenditure for total general government and Gross Fixed Capital Formation for total general government and total public corporations, seasonally adjusted in current prices and chain volume terms.

The following are the seasonally adjusted chain volume measures based on the previous quarter (a):

public sector demand is expected to contribute 0.0 percentage points to the change in GDP in June quarter 2025
general government final consumption expenditure rose $1512m (up 1.0%) and is expected to contribute 0.2 percentage points to the change in GDP in June quarter 2025
general government gross fixed capital formation fell $1702m (down 6.7%)
public corporations gross fixed capital formation rose $278m (up 2.6%)
total public gross fixed capital formation fell $1424m (down 3.9%) and is expected to contribute -0.2 percentage points to the change in GDP in June quarter 2025

Contributions may not be additive due to rounding

Quarterly national accounts public sector measures, current prices, seasonally adjusted
			Sep Qtr 2024 ($m)	Dec Qtr 2024 ($m)	Mar Qtr 2025 ($m)	Jun Qtr 2025 ($m)	Mar Qtr 2025 to Jun Qtr 2025 (% change)
General government final consumption expenditure (a)
	National-defence		12,478	13,106	13,479	14,017	4.0
	National-non-defence		61,556	62,721	63,947	66,307	3.7
	Total national		74,035	75,827	77,426	80,323	3.7
	State and local		83,465	84,494	84,815	85,332	0.6
	Total general government final consumption expenditure		157,499	160,320	162,242	165,656	2.1
Public gross fixed capital formation
	General government
		National-defence	4,391	3,779	4,087	3,206	-21.6
		National-non-defence	3,002	2,873	3,004	2,901	-3.4
		Total national	7,393	6,652	7,092	6,108	-13.9
		State and local	20,455	20,936	20,671	19,934	-3.6
		Total general government	27,848	27,588	27,763	26,042	-6.2
	Public corporations
		Commonwealth	2,742	2,894	2,804	2,896	3.3
		State and local	9,125	9,320	8,687	8,943	3.0
		Total public corporations	11,867	12,214	11,491	11,839	3.0
	Total public gross fixed capital formation		39,716	39,801	39,254	37,881	-3.5
Total public demand			197,215	200,122	201,496	203,537	1.0
Memorandum item
	Net purchases of second hand assets by public sector		1,239	1,018	1,078	843	-21.9
	Public authorities changes in inventories (b)		997	1,019	225	1,230	na

na not available for publication but included in totals where applicable, unless otherwise indicated

See explanatory notes for the relationship between general government final consumption expenditure and GFS aggregates Government Finance Statistics, Australia methodology, June 2025.
Includes general government, public non-financial corporations and public financial corporations

Quarterly national accounts public sector measures, chain volume (a), seasonally adjusted
			Sep Qtr 2024 ($m)	Dec Qtr 2024 ($m)	Mar Qtr 2025 ($m)	Jun Qtr 2025 ($m)	Mar Qtr 2025 to Jun Qtr 2025 (% change)
General government final consumption expenditure (b)
	National-defence		11,636	12,126	12,290	12,684	3.2
	National-non-defence		57,281	57,715	58,268	59,586	2.3
	Total national		68,916	69,841	70,558	72,270	2.4
	State and local		78,349	78,431	78,165	77,964	-0.3
	Total general government final consumption expenditure		147,265	148,272	148,723	150,235	1.0
Public gross fixed capital formation
	General government
		National-defence	4,140	3,442	3,562	2,785	-21.8
		National-non-defence	2,884	2,746	2,864	2,738	-4.4
		Total national	7,024	6,188	6,427	5,523	-14.1
		State and local	19,041	19,375	19,000	18,202	-4.2
		Total general government	26,065	25,563	25,427	23,725	-6.7
	Public corporations
		Commonwealth	2,618	2,755	2,659	2,735	2.9
		State and local	8,627	8,772	8,122	8,323	2.5
		Total public corporations	11,245	11,527	10,780	11,058	2.6
	Total public gross fixed capital formation		37,310	37,090	36,207	34,783	-3.9
Total public demand			184,575	185,363	184,931	185,017	0.0
Memorandum item
	Net purchases of second hand assets by public sector		1,138	928	978	758	-22.5
	Public authorities changes in inventories (c)		1,285	93	-584	1,060	na

na not available for publication but included in totals where applicable, unless otherwise indicated

Reference year for chain volume measures is 2022-23
See explanatory notes for the relationship between general government final consumption expenditure and GFS aggregates Government Finance Statistics, Australia methodology, June 2025.
Includes general government, public non-financial corporations and public financial corporations

Public demand contribution to GDP growth

Public demand, contribution to GDP growth (a) (b)
	Gov final consumption expenditure (ppt)	Gov gross fixed capital formation (ppt)
Jun-22	-0.1	0.1
Sep-22	-0.1	0.0
Dec-22	0.1	0.0
Mar-23	0.0	0.2
Jun-23	0.2	0.3
Sep-23	0.3	0.2
Dec-23	0.1	-0.1
Mar-24	0.3	-0.1
Jun-24	0.3	0.0
Sep-24	0.4	0.3
Dec-24	0.2	0.0
Mar-25	0.1	-0.1
Jun-25	0.2	-0.2

Public demand, contribution to GDP growth (a) (b)

["","Gov final consumption expenditure","Gov gross fixed capital formation"]

[["Jun-22","Sep-22","Dec-22","Mar-23","Jun-23","Sep-23","Dec-23","Mar-24","Jun-24","Sep-24","Dec-24","Mar-25","Jun-25"],[[-0.1],[-0.1],[0.1],[0],[0.2],[0.3],[0.1],[0.3],[0.3],[0.4],[0.2],[0.1],[0.2]],[[0.1],[0],[0],[0.2],[0.3],[0.2],[-0.1],[-0.1],[0],[0.3],[0],[-0.1],[-0.2]]]

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Chain volume measures seasonally adjusted
using the GDP series as published in the March 2025 release of Australian National Accounts: National Income, Expenditure and Product.

Revisions and changes

Revisions

Divergences with government fiscal reporting

Previous catalogue number

Data downloads