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Friday, 28 June 1946


Mr Fadden n asked the Treasurer, upon notice-

1.   What was the value of primary production in Australia for each year from1938-39 to 1944-45, inclusive?

2.   What percentage of the total production was primary production in each of the years referred to?


Mr Chifley - The Commonwealth Statistician has furnished the following table: -

 

The Commonwealth Statistician has also furnished the following explanatory notes: -

(a)   The proportion of the gross national product represented by industries for which the value of production is directly recorded averaged only about 44 per cent. during this period. The table has been extended, therefore, to show the value of primary production as a percentage of gross national product.

(b)   " Net value of production " means the value of output at the place of production minus the cost of materials, fuel, power, &c., but without deduction of depreciation. (c)" Gross national product" is the estimated aggregate value of all goods and services currently produced at market prices (including an allowance for the pay and allowances of members of the armed forces), also without deduction of depreciation.







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