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What does GAFA stand for?

GAFA stands for Gross Additions to Fixed Assets

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Gross Fixed Capital Formation in Australia increased to 102203 AUD Million in the second quarter of 2015 from 101824 AUD Million in the first quarter of 2015. Gross Fixed Capital Formation in Australia averaged 40605.77 AUD Million from 1959 until 2015, reaching an all time high of 108625 AUD Million in the third quarter of 2012 and a record low of 9150 AUD Million in the third quarter of 1959. Gross Fixed Capital Formation in Australia is reported by the Australian Bureau of Statistics. Gross fixed capital formation is equal to the total value of a producer's acquisitions, less disposals, of fixed assets plus capital work done on own account during the accounting period plus certain additions to the value of non-produced assets realised by the productive activity of institutional units. This page provides the latest reported value for - Australia Gross Fixed Capital Formation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.