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5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2012 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/03/2013   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change Sep 12 to Dec 12
% change Dec 11 to Dec 12
% points contributions to growth in GDP Sep 12 to Dec 12
% change Sep 12 to Dec 12
% change Dec 11 to Dec 12
% points contributions to growth in GDP Sep 12 to Dec 12

Compensation of employees
0.7
4.2
0.3
1.5
4.8
0.7
Gross operating surplus
Private
-1.6
-8.6
-0.3
-3.4
-9.2
-0.6
Other
0.8
3.3
0.1
0.8
3.0
0.1
Gross mixed income
0.5
-2.4
-
2.0
-2.9
0.2
Taxes less subsidies on production and imports
2.0
8.6
0.2
2.1
8.9
0.2
Statistical discrepancy (I)
na
na
-
na
na
-0.1
Gross domestic product
0.4
1.9
0.4
0.5
2.0
0.5

- nil or rounded to zero (including null cells)
na not available



DECEMBER QUARTER

Summary Comments

Compensation of employees (COE)
  • Total COE trend rose 0.7%, reflecting a rise of 0.2% in average earnings. Seasonally adjusted, COE increased 1.5%, reflecting a rise in average earnings of 1.2%. This was partially driven by an increase in redundancies in the private and public sectors. Seasonally adjusted, COE represented 54.8% of Total factor income.
COE SHARE OF TOTAL FACTOR INCOME: Trend
Graph: COE SHARE OF TOTAL FACTOR INCOME: Trend


Gross operating surplus (GOS)
  • Trend GOS for Total corporations decreased -1.2%. In seasonally adjusted terms, GOS for Total corporations fell -2.6%. Only Financial corporations recorded an increase (0.6%) with Public non-financial corporations and Private non-financial corporations recording decreases of -3.0% and -3.4% respectively. Seasonally adjusted GOS for Total corporations represented 26.3% of total factor income.
Profit (a) Share of Total Factor Income: Trend
Graph: Profit (a) Share of Total Factor Income: Trend



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