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Wednesday, 29 September 1971
Page: 1711


Mr Clyde Cameron (HINDMARSH, SOUTH AUSTRALIA) asked the Treasurer, upon notice:

What percentage of the gross national product was distributed to (a) private investments, (b) public investments, (c) inventory charges, (d) net foreign trade, (e) private consumption and (0 public consumption in each of the last 20 years for which figures are available.


Mr McMahon - The answer to the honourable member's question is as follows:

The Acting Commonwealth Statistician has supplied the following table which shows components of expenditure on the gross national product, other than the statistical discrepancy, expressed as percentages of the gross national product. Personal consumption expenditure on goods and services and net current expenditure on goods and services by financial enterprises are shown separately in accordance with the practice followed in 'Australian National Accounts, National Income and Expenditure'. For some purposes it may be desired to include net current expenditure by financial enterprises in estimates of private consumption expenditure.

 







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