5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 05/03/2008   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change
Sep 07
to Dec 07
% change
Dec 06
to Dec 07
% points contribution
to growth in GDP
Sep 07 to Dec 07
% change
Sep 07
to Dec 07
% change
Dec 06
to Dec 07
% points contribution
to growth in GDP
Sep 07 to Dec 07
Compensation of employees
1.5
8.2
0.7
0.8
7.7
0.4
Gross operating surplus
Private
np
np
np
3.5
10.7
0.7
Other
np
np
np
2.4
2.8
0.3
Gross mixed income
2.6
9.0
0.2
2.3
10.2
0.2
Taxes less subsidies on production and imports
2.4
5.3
0.3
3.2
4.3
0.3
Statistical discrepancy (I)
. .
. .
-0.1
. .
. .
-0.2
Gross domestic product
1.7
7.3
1.7
1.7
7.4
1.7
. . not applicable
np not available for publication but included in totals where applicable, unless otherwise indicated



DECEMBER QUARTER

Summary Comments

Compensation of employees (COE)

  • The trend increase of 1.5% reflected a rise of 0.9% in average earnings and a 0.6% rise in the number of wage & salary earners. Seasonally adjusted, COE grew by 0.8%. In seasonally adjusted terms, average earnings showed no movement as the number of wage & salary earners also grew by 0.8%. Seasonally adjusted, COE represented 53.6% of Total factor income.
Wages (a) share of total factor income
Graph: Wages (a) share of total factor income



Gross operating surplus (GOS)
  • Trend GOS of corporations increased by 1.2%, and in seasonally adjusted terms increased by 3.3%. Seasonally adjusted, GOS of corporations remains at historically high levels, representing 26.9% of Total factor income.
Profit (a) share of total factor income
Graph: Profit (a) share of total factor income