Financing resources and investment table
Non-financial corps | Financial corps | Government | Households | Total national | Rest of world | |||
---|---|---|---|---|---|---|---|---|
Financing resources | ||||||||
Net saving (a) | 27.9 | 0.4 | 3.5 | 14.8 | 46.6 | -26.3 | ||
plus Consumption of fixed capital | 45.2 | 3.2 | 11.7 | 31.9 | 92.1 | - | ||
Gross saving | 73.1 | 3.6 | 15.2 | 46.7 | 138.7 | -26.3 | ||
plus Net capital transfers | 0.6 | 0.6 | -3.6 | 2.2 | -0.2 | 0.2 | ||
less Statistical discrepancy (b) | - | - | - | - | -18.9 | - | ||
Total financing resources | 73.7 | 4.2 | 11.6 | 48.9 | 157.4 | -26.1 | ||
Uses of financing (investment) | ||||||||
Capital formation | ||||||||
Gross fixed capital formation | 55.2 | 3.0 | 27.9 | 46.1 | 132.2 | - | ||
plus Changes in inventories | -0.1 | 0.0 | 0.2 | -1.0 | -1.0 | - | ||
plus Net acquisition of non-produced non-financial assets | -0.3 | - | 0.3 | - | - | - | ||
Total capital formation | 54.7 | 3.0 | 28.4 | 45.1 | 131.2 | - | ||
plus Financial investment | ||||||||
Acquisition of financial assets | 51.9 | 78.0 | 8.1 | 61.5 | 26.4 | 2.2 | ||
less Incurrence of financial liabilities | 29.5 | 80.2 | 20.1 | 45.5 | 2.2 | 26.4 | ||
Net Financial investment (Net lending (+) / net borrowing (-)) | 22.4 | -2.2 | -12.0 | 16.0 | 24.2 | -24.2 | ||
less Net errors and omissions | 3.5 | -3.4 | 4.8 | 12.1 | -1.9 | 1.9 | ||
Total investment | 73.7 | 4.2 | 11.6 | 48.9 | 157.4 | -26.1 |
- nil or rounded to zero
(a) Net saving for the rest of world is the balance on the external income account.
(b) The statistical discrepancy is not able to be distributed among the sectors.
Financial market summary table
Amounts outstanding, Mar-21 | Transactions, Jun-21 | Other changes, Jun-21 | Amounts outstanding, Jun-21 | ||
---|---|---|---|---|---|
Currency and deposits | |||||
Currency | 101.0 | -1.3 | - | 99.7 | |
Transferable deposits | 1,736.9 | 218.9 | 1.3 | 1,957.1 | |
Other deposits | 1,365.8 | -27.7 | 4.0 | 1,342.0 | |
Short term debt securities | |||||
Bills of exchange | 11.9 | -1.1 | - | 10.7 | |
One name paper | 445.6 | 1.4 | 2.0 | 449.1 | |
Long term debt securities | |||||
Bonds, etc. | 3,114.7 | 23.9 | 23.6 | 3,162.2 | |
Derivatives | |||||
Derivatives | 718.8 | -56.0 | 25.1 | 687.9 | |
Loans and placements | |||||
Short term | 378.1 | 0.5 | 0.9 | 379.5 | |
Long term | 4,098.1 | 59.5 | 1.5 | 4,159.1 | |
Shares and other equity | |||||
Listed | 2,326.3 | 1.2 | 196.3 | 2,523.8 | |
Unlisted | 5,154.5 | 62.9 | 143.9 | 5,361.4 | |
Insurance technical reserves | |||||
Reserves of pension funds and life | 2,942.4 | 32.4 | 139.8 | 3,114.5 | |
General insurance payments | 138.3 | 8.4 | 0.0 | 146.7 |
- nil or rounded to zero
Flow of funds diagrams
Image
Net transactions during June quarter 2021

Description
Net transactions during June quarter 2021
Image
Amounts outstanding at end of June quarter 2021

Description
Amounts outstanding at end of June quarter 2021
National investment
National investment grew $23.0b to $131.2b in the June quarter.
- General government investment increased by $7.6b to $28.4b driven by an increase in gross fixed capital formation in both national and state and local general government.
- Non-financial corporations' investment increased by $9.3b to $54.7b driven by an increase in gross fixed capital formation in both public and private non-financial corporations.
- Household investment increased by $5.7b to $45.1b driven by an increase in gross fixed capital formation.
Financial investment
Australia was a net lender of $24.2b, the ninth consecutive quarter of net lending. The main contributors were a:
- $36.9b acquisition in rest of world (ROW) equities, driven by pension funds, other private non-financial corporations (OPNFC) and non-money market funds
- offset by $7.7b maturities of general government short term debt securities held by ROW
Pension funds, OPNFC and non-money market funds continued to invest in overseas markets as economic conditions continued to improve. Continued maturities of treasury notes decreased the general government's liability with ROW investors.
Households
Households' $16.0b net lending position was due to a $61.5b acquisition of assets, offset by a $45.5b incurrence of liabilities,
The acquisition of assets was lead by:
- $29.4b in net equity in pension funds
While liabilities were driven by:
- $45.1b in loan borrowings
Net equity acquisition in pension funds was due to continued improvement in the labour market. Increased activity in the property market and the low interest rate environment saw strength in demand for housing loans by owner-occupiers and investors.
Non-financial corporations
Non-financial corporations' $22.4b net lending position was due to a $51.9b acquisition of financial assets offset by $29.5b incurrence of liabilities. The acquisition in assets was driven by:
- $38.9b in deposits
While liabilities were driven by:
- $17.9b in equity raising
Deposits increased as non-financial corporations continued to save. Businesses sought to raise funds through equities markets driven by high investor demand.
General government
General government's $12.0b net borrowing position was due to a $8.1b acquisition in assets offset by $20.1b incurrence of liabilities. Liabilities were driven by:
- $7.4b in loan borrowings
- $7.1b net issuance of bonds
The loan borrowings was in line with growth in public investment by state and local general government. Bond issuance by the national general government stabilised over the quarter as the Commonwealth government completed it's funding task for the 2020-21 financial year.