5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/12/2003   
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Trend
Seasonally adjusted


Quarterly
% change
Jun 03 to
Sep 03
Annual
% change
Sep 02 to
Sep 03
% points
contribution to
growth in GDP
Jun 03 to
Sep03
Quarterly
% change
Jun 03 to
Sep 03
Annual
% change
Sep 02 to
Sep 03
% points
contribution to
growth in GDP
Jun 03 to
Sep03

Compensation of employees
1.4
6.3
0.7
1.0
5.9
0.5
Gross operating surplus
Private
1.5
4.3
0.2
1.6
3.5
3.0
Other
1.5
6.0
-
2.4
6.3
-
Gross mixed income
2.1
1.2
0.2
5.4
4.2
0.4
Taxes less subsidies on production and imports
2.5
7.6
0.3
4.7
7.1
0.6
Statistical discrepancy (I)
. .
. .
-0.1
. .
. .
0.1
Gross domestic product
1.5
5.7
1.5
2.2
6.0
2.2

- nil or rounded to zero (including null cells)
. . not applicable


SEPTEMBER QUARTER Summary Comment

Compensation of employees
  • The trend increase of 1.4% in the September quarter reflects a rise of 1.1% in average earnings and 0.3% rise in the number of wage and salary earners. Seasonally adjusted, compensation of employees grew by 1.0%. Average earnings increased by 0.8%, while the number of wage and salary earners increased by 0.2%. Further discussion of compensation of employees is found on page 12.

Graph-WAGES SHARE OF TOTAL FACTOR INCOME:Trend


Gross operating surplus
  • The trend GOS of financial and non-financial corporations increased by 1.7% in the September quarter, following a rise of 1.6% in the June quarter. In seasonally adjusted terms GOS of financial and non-financial corporations increased by 2.4% in the September quarter, following a rise of 0.9% in the June quarter.

Graph-PROFIT SHARE OF TOTAL FACTOR INCOME:Trend