5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/09/2004   
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Trend
Seasonally adjusted
Quarterly % change Mar 04 to Jun 04
Annual % change Jun 03 to Jun 04
% points contribution to growth in GDP Mar 04 to Jun 04
Quarterly % change Mar 04 to Jun 04
Annual % change Jun 03 to Jun 04
% points contribution to growth in GDP Mar 04 to Jun 04

Compensation of employees
1.6
5.8
0.7
1.5
5.6
0.7
Gross operating surplus
Private
3.6
12.4
0.6
11.1
16.4
1.8
Other
1.6
6.8
0.3
1.6
7.3
0.3
Gross mixed income
0.8
9.8
0.1
-2.4
9.1
-0.2
Taxes less subsidies on production and imports
-0.4
5.0
-0.1
-2.5
4.8
-0.3
Statistical discrepancy (I)
. .
. .
0.1
. .
. .
-0.3
Gross domestic product
1.7
7.8
1.7
1.9
8.2
1.9

. . not applicable



JUNE QUARTER

Summary Comments

Compensation of employees

  • The trend increase of 1.6% in the June quarter reflects a rise of 0.6% in average earnings and 1.0% rise in the number of wage and salary earners. Seasonally adjusted, compensation of employees grew by 1.5%. Average earnings increased by 0.2%, while the number of wage and salary earners increased by 1.3%. Further discussion of compensation of employees is found on page 12.
Wages Share(a) of Total Factor Income: Trend
Graph: Wages share of total factor income, Trend



Gross operating surplus
  • The trend GOS of financial and non-financial corporations increased by 3.1% in the June quarter. Seasonally adjusted, GOS of financial and non-financial corporations increased by 8.6%, following a fall of 1.2% in the March quarter.
Profit (a) Share of Total Factor Income: Trend
Graph: Profit share of total factor income, Trend