Final consumption expenditure grew 0.9 percent, adding 0.7 percentage points to GDP growth in the June quarter. Gross fixed capital formation advanced 0.4 percent, contributing 0.2 percentage points to growth. In contrast, net exports detracted 0.6 percentage points from GDP growth in the June quarter of 2015. Exports of goods and services dropped 3.3 percent and imports of goods and services fell 0.7 percent.
By industry, the main factors to the slowdown in GDP growth were mining (-3.0 percent) and construction (-0.6 percent). In contrast, positive contributions came from financial, transport and health industries.
Through the year, the economy grew 2.0 percent, slowing from an upwardly revised 2.5 percent expansion in the fist quarter of 2015. Positive contributions came from household final consumption (+2.5 percent), government final consumption (+4.0 percent) and investment (+0.4 percent). In trend terms, the largest contributors came from financial and insurance services (+0.6 percentage points), information media and telecommunications (+0.3 percentage points) and health care and social assistance (+0.3 percentage points). In contrast, the largest detractors were construction (-0.2 percentage points) and professional, scientific and technical services (-0.1 percentage points).
Real gross domestic income was flat, while the volume measure of GDP increased by 0.5 percent, the difference reflecting a decrease of 2.5 in the terms of trade. Real net national disposable income decreased by 0.3 percent compared with 2.2 percent for GDP.