Australia Third Quarter GDP: Summary (Table)

By Daniel Petrie

Dec. 3 (Bloomberg) -- Following is a summary of Australia’s key GDP figures for the third quarter, seasonally adjusted, released by the Australian Bureau of Statistics in Sydney.

==============================================================================
                                 3Q     2Q     1Q     4Q     3Q     2Q     1Q
                               2008   2008   2008   2007   2007   2007   2007
==============================================================================
GDP QoQ                         0.1%   0.4%   0.6%   0.9%   1.1%   0.8%   1.4%
GDP YoY                         1.9%   2.9%   3.3%   4.2%   4.2%   3.9%   3.7%
                             -------------------- QoQ% ----------------------
GDP per capita                 -0.3%   0.0%   0.2%   0.5%   0.7%   0.4%   0.9%
GDP chain price index           2.6%   3.5%   1.6%   0.9%   0.5%   0.9%   1.1%
Terms of trade                  5.6%  11.0%   1.4%   1.4%  -0.8%  -0.2%   1.8%
------------------------------------------------------------------------------
Gross national expenditure      0.5%   0.6%   1.2%   1.7%   1.1%   0.9%   2.4%
Domestic demand                0.4%   1.0%   1.1%   1.5%   0.9%   1.4%   1.8%
Goods/Services Exports         0.0%   3.1%   2.2%  -0.3%   1.4%   0.8%   0.7%
Goods/Services Imports         1.6%   3.3%   4.4%   3.3%   2.6%   1.1%   3.4%
==============================================================================
                                 3Q     2Q     1Q     4Q     3Q     2Q     1Q
                               2008   2008   2008   2007   2007   2007   2007
==============================================================================
                             -------------------- QoQ% ----------------------
Consumption                     0.2%   0.2%   0.5%   1.3%   1.2%   0.5%   1.0%
Household                      0.1%  -0.1%   0.5%   1.3%   1.0%   0.6%   1.1%
General Govt                   0.6%   1.0%   0.6%   1.3%   1.7%   0.1%   0.9%
 National                      0.4%   0.6%   0.0%   2.0%   2.4%  -1.0%   1.7%
  Defence                     -0.7%   1.5%  -0.8%   5.8%   6.9%  -6.0%   6.6%
  Non-defence                  0.7%   0.3%   0.3%   0.8%   1.2%   0.5%   0.4%
 State & local                 0.7%   1.4%   1.0%   0.8%   1.2%   0.9%   0.3%
------------------------------------------------------------------------------
Gross Fixed capital formation   0.8%   3.2%   2.7%   2.1%   0.3%   4.0%   4.0%
Private capital formation      0.3%   3.2%   2.5%   1.4%   2.1%   2.1%   6.5%
 Total machinery/equipment    -0.2%   8.7%   2.1%   6.2%   0.6%   5.8%   8.2%
  New                          0.1%   7.7%   2.9%   5.1%   0.5%   5.4%   7.7%
 Non-dwelling construction     4.2%   0.7%   5.8%  -2.4%   5.4%  -1.1%  12.2%
  New building                -1.9%   3.5%   3.5%  -2.9%  12.6%  -4.3%   3.3%
  New engineering             11.8%  -3.0%   9.7%  -2.6%  -3.0%   3.3%  14.3%
 Livestock                     3.1%   0.0%   0.0%   0.0%   8.0%   0.0%   0.0%
==============================================================================
                                 3Q     2Q     1Q     4Q     3Q     2Q     1Q
                               2008   2008   2008   2007   2007   2007   2007
==============================================================================
                             -------------------- QoQ% ----------------------
 Business investment           1.5%   4.7%   3.8%   2.1%   3.4%   2.8%   9.1%
  Computer software            1.8%   3.7%   2.9%   3.0%   0.0%   0.0%   0.0%
  Mineral exploration         -5.4%   0.2%  10.2%   1.6%   0.0%   0.0%   0.0%
  Art                          0.9%   0.7%   1.3%   2.5%   0.0%   0.0%   0.0%
 Intangible fixed assets      -0.5%   2.5%   5.1%   2.6%   3.7%   8.4%   5.8%
 Dwelling                      0.2%   1.0%   0.7%   0.6%   0.5%  -1.6%   0.4%
  New                          0.5%   1.8%   1.4%  -0.1%  -0.4%  -2.3%   1.6%
  Alterations                 -0.1%   0.1%   0.0%   1.4%   1.4%  -0.9%  -0.9%
 Ownership transfer costs    -14.0%  -5.0%  -4.1%  -2.9%  -3.7%  10.3%   6.5%
------------------------------------------------------------------------------
Public capital formation       3.9%   3.4%   3.9%   6.0%  -7.9%  15.4%  -9.8%
 Public corporations           7.1%   0.0%   4.1%   0.9%  -2.0%  12.9%  -8.7%
  Commonwealth                41.7% -32.4%  10.2%  14.4%   2.1%  26.8% -84.2%
  State & local                5.7%   2.1%   3.7%   0.2%  -2.2%  12.3%  15.8%
 General govt                  1.8%   5.7%   3.8%   9.9% -11.9%  17.1% -10.6%
  National                    13.7% -14.8%  33.4%   0.3% -19.8%  31.1% -21.0%
==============================================================================
                                 3Q     2Q     1Q     4Q     3Q     2Q     1Q
                               2008   2008   2008   2007   2007   2007   2007
==============================================================================
                             -------------------- QoQ% ----------------------
   National defense           42.9% -38.8% 144.1%   0.3% -40.3%  30.6% -37.2%
   National non-defence       -7.5%  19.2% -18.7%   0.3%  -4.3%  31.4%  -1.8%
  State & local               -1.5%  13.4%  -4.1%  12.8%  -9.2%  13.0%  -7.0%
==============================================================================

Note: Figures are seasonally adjusted. Reference year for chain volume

measures is 2005-06. Year-on-year GDP growth figures are calculated

by Bloomberg.

Source: Australian Bureau of Statistics

To contact the reporter on this story: Daniel Petrie in Sydney at dpetrie5@bloomberg.net