In the year ended March 2011:
- Current price gross domestic product (GDP) increased 4.2 percent, while GDP per capita increased 3.1 percent.
- National saving was $1.2 billion (compared with $2.0 billion in the March 2010 year).
- National disposable income increased 3.0 percent, with compensation of employees (mainly wages and salaries) up 3.2 percent and business profits (gross operating surplus) up 4.2 percent.
- Total capital investment increased 11.2 percent (mainly due to investment in fixed assets rising 5.9 percent).
- Final consumption expenditure increased 3.6 percent, with household spending up 3.9 percent.
- Central and local government expenditure increased 2.2 percent and 6.6 percent, respectively.
- Net lending to the rest of the world was $4.3 billion, (compared to net borrowing of $3.9 billion in the March 2010 year).
This is the first release of the national accounts incorporating a new industry classification, ANZSIC06. Detailed ANZSIC06 industry GDP estimates are now available from 1987 to 2009.
18 November 2011