State, Territory and local general goverState, Territory and local general government

State, Territory and local general government

State, Territory and local general government provides non-market goods and services principally financed by taxes to regulate economic activity, maintain law and order and to redistribute income and wealth by means of transfers and hence provided free of charge or at nominal prices well below the cost of production.

Include:

• State and local government unincorporated enterprises which provide goods and services to their government and/or to the public for free or at prices that are not economically significant (e.g. government employee cafeterias, municipal swimming pools);
• non-profit institutions controlled and mainly financed by State and local government;
• State government quasi-corporations which sell their output, at near market prices, exclusively to other government units (e.g. government printers);
• ACT and Northern Territory Government departments and agencies; and
• state schools, technical and further education colleges and state owned hospitals.

Exclude:

• all State and local government trading enterprises and financial enterprises (e.g. rail, and municipal water authorities); and
• state and territory central borrowing authorities.