5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2007   
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MAIN FEATURES INCOME AT CURRENT PRICES


Trend
Seasonally adjusted


% change
Mar 07
to Jun 07
% change
Jun 06
to Jun 07
% points contribution
to growth in GDP
Mar 07 to Jun 07
% change
Mar 07
to Jun 07
% change
Jun 06
to Jun 07
% points contribution
to growth in GDP
Mar 07 to Jun 07

Compensation of employees
2.3
8.7
1.1
2.7
9.0
1.3
Gross operating surplus
Private
np
np
np
-1.5
16.8
-0.3
Other
np
np
np
2.7
2.2
0.4
Gross mixed income
-
1.7
-
-2.5
0.1
-0.2
Taxes less subsidies on production and imports
1.5
8.0
0.2
1.0
7.7
0.1
Statistical discrepancy (I)
. .
. .
-0.1
. .
. .
0.1
Gross domestic product
1.8
8.5
1.8
1.4
8.6
1.4

. . not applicable
- nil or rounded to zero (including null cells)
np not available for publication but included in totals where applicable, unless otherwise indicated



JUNE QUARTER

Summary Comments

Compensation of employees (COE)

  • The trend increase of 2.3% reflected a rise of 1.5% in average earnings and a 0.8% rise in the number of wage & salary earners. Seasonally adjusted, COE grew by 2.7%. Average earnings increased by 2.2%, while the number of wage & salary earners was up 0.5%. Seasonally adjusted, COE represented 53.8% of total factor income.
Wages (a) share of total factor income
Graph: Wages share of total factor income



Gross operating surplus (GOS)
  • Trend GOS of corporations increased by 1.8%, but decreased by -0.8% in seasonally adjusted terms. This is the first quarterly decrease in GOS of corporations, in seasonally adjusted terms, since September quarter 2004. Seasonally adjusted, GOS of corporations represented 27.5% of Total factor income.
Profit (a) share of total factor income
Graph: Profit share of total factor income