Document ID: chunk:federal_register_of_legislation:F2019L00828:body:0:p11
Version: federal_register_of_legislation:F2019L00828
Segment Type: other
Provision Reference: 
Character Range: 29229–32721

in the financial sector; and
     * any unincorporated business owned and operated by trading corporations (e.g. joint ventures).
Exclude:
     * unincorporated businesses, except for branches of non-resident companies and joint ventures or partnerships owned by corporations; and
     * non-resident enterprises.

Private unincorporated businesses
This comprises individuals acting as sole proprietors or in partnerships, for commercial or professional purposes. The major businesses to be included in this sub-sector are unincorporated farms, unincorporated retailers, unincorporated professional practices (medical, legal, dental, accounting, etc.), unincorporated businesses of tradesmen such as plumbers, carpenters, etc.

Public non-financial corporations

Commonwealth Government
Trading enterprises owned by the Commonwealth are those businesses which are owned and controlled by the Australian Commonwealth Government and which produce goods or non-financial services for sale at market prices.
Include:
     * All resident trading enterprises owned 50% or more by the Commonwealth Government or controlled by the Commonwealth Government through legislation, decree or regulation (e.g. Australia Post and Australian Government Solicitor).
Exclude:
     * government departments (show as Commonwealth General Government); and
     * government-owned financial institutions (these are classified as financial institutions).

State, Territory and local government
State, Territory and local government trading enterprises are those businesses, which are owned and controlled by State, Territory or local governments, which produce goods or non-financial services for sale at market prices.
Include:
     * All resident trading enterprises 50% or more owned by a State, Territory or local government or controlled by a State or Territory government, through legislation, decree or regulation (e.g. state rail and water authorities, gas and fuel authorities, housing commissions, port authorities, non-privatised power authorities).
Exclude:
     * State government owned financial institutions and entities in the general government; and
     * State and Territory central borrowing authorities.

General Government

Commonwealth General Government
Australian Commonwealth Government departments and agencies' principal function is to provide 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.
Include:
     * departments and agencies such as Department of Finance, Department of Defence, ABC, SBS, Australian Film Commission and CSIRO;
     * Commonwealth government unincorporated enterprises which provide goods and services to the Australian Commonwealth Government and/or to the public for free or at prices that are not economically significant (e.g. government employee cafeterias, munitions factories);
     * non-profit institutions controlled and mainly financed by the Commonwealth government;
     * Commonwealth Government quasi-corporations which sell their output, at near market prices, exclusively to other government units (e.g. government printers and defence force housing schemes); and
     * public universities.
Exclude:
     * government trading enterprises such as Australia Post (record as Trading enterprises owned by the Commonwealth Government); and
     * departments of the ACT and Northern Territory Governments (record as State,