Budget 2013/14 Northern Territory Economy
Tabled paper 295
Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT
2013-05-14
Tabled by David Tollner
Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.
English
Tabled papers
Department of the Treasury and Finance
application/pdf
Copyright
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https://www.legislation.gov.au/Details/C2019C00866
https://hdl.handle.net/10070/273751
https://hdl.handle.net/10070/426369
Structure of the Economy 15 Northern Territory Economy 1 Current prices Source: ABS Cat. No. 5220.0 Under the ABSs national accounts framework, public sector consumption includes components of public administration and safety, education and training, and healthcare and social assistance expenditure. The largest component of public sector spending is wages, which accounted for about half of the public sector consumption expenditure in 2011-12. Total consumption expenditure increased across all three tiers of government in the Territory in 2011-12, increasing by 2.1 percent to $4.6billion. Growth was below the ten-year average growth rate of 2.8percent, reflecting budgetary constraints in the public sector. Territory and local government consumption expenditure increased by 1.3percent which is below the average 2.6 percent growth rate over the preceding ten years. This is a result of the savings measures introduced to restrict operational expenditure growth. Public sector per capita expenditure in the Territory remained relatively stable at $26119 in 2011-12, and was about double the national average of $13402 (Chart 1.5). 1 Inflation adjusted, base year 2010-11 Note: Excludes defence. Source: ABS Cat. No. 5206.0 0 10 20 30 40 50 60 Household consumption General government consumption Private investment Public investment % Northern Territory Australia Chart 1.4: Components of SFD, 2011121 Chart 1.5: Public Sector Spending per Capita 2011121 0 10 20 30 40 50 60 70 80 NSW Vic QLD WA SA Tas ACT NT Aust $(000)