Business Indicators, Australia

Latest release

Quarterly estimates of private sector sales, wages, profits and inventories

Reference period

March 2024

Released

4/06/2024

Key statistics

Seasonally adjusted, current price estimates for:

Company gross operating profits fell 2.5%
Wages and salaries rose 0.6%

Seasonally adjusted, chain volume estimate for:

Inventories rose 1.3%

Key data items
			Dec Qtr 23 to Mar Qtr 24 (%)	Mar Qtr 23 to Mar Qtr 24 (%)
Sales of goods and services (Chain volume measures)
	Manufacturing
		Trend	na	na
		Seasonally Adjusted	-1.0	-2.5
	Wholesale trade
		Trend	na	na
		Seasonally Adjusted	-0.9	-6.1
Inventories (Chain volume measures)
		Trend	na	na
		Seasonally Adjusted	1.3	-0.6
Company gross operating profits
		Trend	na	na
		Seasonally Adjusted	-2.5	-8.6
Wages and salaries
		Seasonally Adjusted	0.6	6.6

na - not available. Trend estimates have been suspended due to the impacts of COVID-19.

Inventories

Chain volume measures, seasonally adjusted estimates
	Quarterly (%)	Year on Year (%)
Mar 2018	0.4	0.2
Jun 2018	0.9	1.7
Sep 2018	0.2	1.7
Dec 2018	-0.5	1.1
Mar 2019	0.9	1.6
Jun 2019	-1.0	-0.4
Sep 2019	-0.1	-0.7
Dec 2019	0.1	-0.1
Mar 2020	-1.4	-2.3
Jun 2020	-3.2	-4.5
Sep 2020	-0.3	-4.7
Dec 2020	0.2	-4.6
Mar 2021	2.3	-1.0
Jun 2021	0.4	2.7
Sep 2021	-1.6	1.4
Dec 2021	1.5	2.6
Mar 2022	2.8	3.2
Jun 2022	0.6	3.4
Sep 2022	3.2	8.4
Dec 2022	0.2	7.0
Mar 2023	1.2	5.3
Jun 2023	-1.4	3.2
Sep 2023	1.2	1.2
Dec 2023	-1.6	-0.7
Mar 2024	1.3	-0.6

Chain volume measures, seasonally adjusted estimates

["","Quarterly","Year on Year"]

[["Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[0.40000000000000002],[0.90000000000000002],[0.20000000000000001],[-0.5],[0.90000000000000002],[-1],[-0.10000000000000001],[0.10000000000000001],[-1.3999999999999999],[-3.2000000000000002],[-0.29999999999999999],[0.20000000000000001],[2.2999999999999998],[0.40000000000000002],[-1.6000000000000001],[1.5],[2.7999999999999998],[0.59999999999999998],[3.2000000000000002],[0.20000000000000001],[1.2],[-1.3999999999999999],[1.2],[-1.6000000000000001],[1.3]],[[0.20000000000000001],[1.7],[1.7],[1.1000000000000001],[1.6000000000000001],[-0.40000000000000002],[-0.69999999999999996],[-0.10000000000000001],[-2.2999999999999998],[-4.5],[-4.7000000000000002],[-4.5999999999999996],[-1],[2.7000000000000002],[1.3999999999999999],[2.6000000000000001],[3.2000000000000002],[3.3999999999999999],[8.4000000000000004],[7],[5.2999999999999998],[3.2000000000000002],[1.2],[-0.69999999999999996],[-0.59999999999999998]]]

[]

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Trend estimates have been suspended

Company gross operating profits

Current prices, seasonally adjusted estimates
	Quarterly (%)	Year on Year (%)
Mar 2018	4.3	6.4
Jun 2018	-1.7	10.6
Sep 2018	2.9	12.4
Dec 2018	6.0	11.8
Mar 2019	3.6	11.0
Jun 2019	1.5	14.7
Sep 2019	-0.7	10.7
Dec 2019	-0.5	3.9
Mar 2020	2.5	2.8
Jun 2020	11.0	12.5
Sep 2020	4.4	18.3
Dec 2020	-2.8	15.6
Mar 2021	-0.7	11.9
Jun 2021	4.1	5.0
Sep 2021	4.8	5.4
Dec 2021	5.5	14.3
Mar 2022	8.4	24.8
Jun 2022	7.3	28.6
Sep 2022	-10.6	9.7
Dec 2022	11.3	15.8
Mar 2023	0.9	7.8
Jun 2023	-11.1	-10.7
Sep 2023	-1.6	-1.7
Dec 2023	7.1	-5.4
Mar 2024	-2.5	-8.6

Current prices, seasonally adjusted estimates

["","Quarterly","Year on Year"]

[["Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[4.2999999999999998],[-1.7],[2.8999999999999999],[6],[3.6000000000000001],[1.5],[-0.69999999999999996],[-0.5],[2.5],[11],[4.4000000000000004],[-2.7999999999999998],[-0.69999999999999996],[4.0999999999999996],[4.7999999999999998],[5.5],[8.4000000000000004],[7.2999999999999998],[-10.6],[11.300000000000001],[0.90000000000000002],[-11.1],[-1.6000000000000001],[7.0999999999999996],[-2.5]],[[6.4000000000000004],[10.6],[12.4],[11.800000000000001],[11],[14.699999999999999],[10.699999999999999],[3.8999999999999999],[2.7999999999999998],[12.5],[18.300000000000001],[15.6],[11.9],[5],[5.4000000000000004],[14.300000000000001],[24.800000000000001],[28.600000000000001],[9.6999999999999993],[15.800000000000001],[7.7999999999999998],[-10.699999999999999],[-1.7],[-5.4000000000000004],[-8.5999999999999996]]]

[]

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Trend estimates have been suspended

Notes on release

Change to ABS Business Indicators Methodology

The method for calculating aggregate estimates in ABS Business Indicators has changed from the December quarter 2023 publication. In the previous method, known as 'number raised' estimation, survey weights are determined by a business’ chance of selection. Weights are assigned to each business in the survey sample according to the number of businesses in the target population that the surveyed business represents. For example, a business in the survey with a weight of 100 represents 100 businesses in the population.

From December quarter 2023, aggregate estimates are now calculated using a method known as 'composite regression estimation' (CRE). CRE methodology uses ATO BAS sales and wages benchmark information, and a combination of current, previous, and continuing survey samples, to calibrate survey weights to produce more representative estimates than the existing 'number raised' methodology.

This change has been implemented to support the ABS priority to reduce provider burden by making increased use of administrative data. Using the new estimation method means the Business Indicators sample size can be reduced while maintaining quality for key data items (sales, wages, inventories and profits) at the ANZSIC division level.

The sample size was reduced from around 16,200 businesses to around 12,750 businesses in the March quarter 2024. The ‘general regression estimation’ method was used in place of the CRE method for the March quarter 2024 only, as this is a more appropriate method when the sample composition changes significantly.

Some movement standard errors are higher in March quarter 2024 because of one-off changes to the sample composition in reducing the sample size. The impact on quality for these data items has been closely assessed and is considered minor. From June quarter 2024, there are not expected to be any significant ongoing impacts on published data because of this methodology change. Data quality for most data items will be consistent with previously published standard errors. Standard errors for some smaller state data items will be higher because of the sample size reduction. There will be no historical revisions as previously published levels and movements will be maintained.

Extraordinary Annual Seasonal Review (EASR) (March quarter 2024)

In early 2020 the ABS advised that the method used to produce seasonally adjusted estimates would be changed from the ‘concurrent adjustment’ method to the ‘forward factors’ method for series with significant and prolonged impacts from COVID-19. As the disruption from the COVID-19 period has settled, ABS statistical programs have been evaluating the suitability of the continued use of forward factors by conducting extraordinary annual reviews of seasonally adjusted series.

An EASR process was conducted in March quarter 2024. The EASR process assesses each series individually to determine how observations from 2020 through to the end of 2023 should be treated and the most appropriate approach (concurrent adjustment or forward factors) for estimating seasonal adjustment factors in the immediate future. Revisions arising from the annual review are relatively minor for most series. Series which have used forward factors in the previous year are likely to have larger revisions because the seasonal factor estimates are annually updated to incorporate information from the previous year's observations. The outcome of the latest review was for all remaining series to be returned to concurrent seasonal adjustment.

Further information can be found here: Methods changes during the COVID-19 period.

Suspension of trend series

In the March quarter 2020, trend estimates were suspended due to the impacts of Coronavirus (COVID-19). The trend series attempts to measure underlying behaviour in business activity. In the short term, this measurement has been significantly affected by changes to regular patterns in business activity due to the Coronavirus pandemic. Therefore, the publication of trend estimates for this period may provide a misleading view of underlying business activity. With underlying business activity now being less affected by Coronavirus (COVID-19), the ABS will continue to review the trend series with a view to reinstating trend data in the near future.

Accounting for the extra leap year day

The extra leap year day in 2024 has been accounted for in seasonally adjusted statistics released by the Australian Bureau of Statistics (ABS) for the month of February 2024 and the March quarter 2024. The impact of an additional leap year day is analysed as part of the seasonal adjustment process, which includes the impact of trading days. The impact of the extra leap year day will be evident in the original (non-seasonally adjusted) series. For further information please refer to this note: Accounting for the extra leap year day in ABS seasonally adjusted statistics.

Comparison between company gross operating profits and gross operating surplus

Valuation changes have had an impact on the value of inventories held by Australian businesses this quarter. An Inventories Valuation Adjustment (IVA) is applied in the calculation of the Gross Operating Surplus of private non-financial corporations (GOS) estimate in the Australian National Accounts. The IVA for the March quarter 2024 is -$504m which is $3,683m lower than the December quarter 2023 IVA of $3,179m.

No adjustment is made to the Company Gross Operating Profits (CGOP) estimate in this publication and, as a result, users should exercise caution when comparing CGOP and GOS. It should be noted that there are other differences between the two series. In particular, changes are made to GOS when annual benchmarks are applied, and slightly different seasonal factors apply to the two series. Given this, while CGOP movements are an appropriate indicator for GOS, the two series will not have equivalent seasonally adjusted movements from quarter to quarter.

Analysis by industry

Featured series

The following graphs and commentary refer to seasonally adjusted estimates for sales of goods and services and inventories in volume terms, and wages and salaries and company gross operating profits in current price terms.

Total all industries

Company gross operating profits | Wages and salaries

Total industry, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	150,913	111,683
Jun 2021	153,980	116,306
Sep 2021	152,170	121,912
Dec 2021	155,397	128,560
Mar 2022	158,838	139,422
Jun 2022	164,369	149,610
Sep 2022	168,654	133,762
Dec 2022	173,151	148,904
Mar 2023	176,628	150,282
Jun 2023	180,190	133,642
Sep 2023	185,089	131,531
Dec 2023	187,014	140,901
Mar 2024	188,215	137,393

Total industry, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[150913],[153980],[152170],[155397],[158838],[164369],[168654],[173151],[176628],[180190],[185089],[187014],[188215]],[[111683],[116306],[121912],[128560],[139422],[149610],[133762],[148904],[150282],[133642],[131531],[140901],[137393]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 2.5%
Wages and salaries rose 0.6%

Inventories

Total industry, Chain volume measures (a)
	Seasonally adjusted Inventories ($m)
Mar 2021	192,903
Jun 2021	193,693
Sep 2021	190,669
Dec 2021	193,541
Mar 2022	199,041
Jun 2022	200,326
Sep 2022	206,645
Dec 2022	207,150
Mar 2023	209,554
Jun 2023	206,701
Sep 2023	209,125
Dec 2023	205,776
Mar 2024	208,399

Total industry, Chain volume measures (a)

["","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[192903],[193693],[190669],[193541],[199041],[200326],[206645],[207150],[209554],[206701],[209125],[205776],[208399]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Total inventories limited to: Accommodation and food services; Electricity, gas, water and waste services; Manufacturing; Mining; Retail trade; Wholesale trade

In chain volume measures, seasonally adjusted:

Inventories rose 1.3%

Mining

Company gross operating profits | Wages and salaries

Mining, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	6,641	47,446
Jun 2021	6,859	53,125
Sep 2021	7,041	59,070
Dec 2021	7,240	56,889
Mar 2022	7,405	70,037
Jun 2022	7,558	80,596
Sep 2022	7,684	68,330
Dec 2022	7,913	75,659
Mar 2023	8,039	74,748
Jun 2023	8,304	59,936
Sep 2023	8,679	55,798
Dec 2023	8,862	64,551
Mar 2024	8,958	60,617

Mining, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[6641],[6859],[7041],[7240],[7405],[7558],[7684],[7913],[8039],[8304],[8679],[8862],[8958]],[[47446],[53125],[59070],[56889],[70037],[80596],[68330],[75659],[74748],[59936],[55798],[64551],[60617]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 6.1%
Wages and salaries rose 1.1%

Sales of goods and services | Inventories

Mining, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2021	113,909	26,424
Jun 2021	112,383	26,636
Sep 2021	113,450	25,815
Dec 2021	112,858	25,696
Mar 2022	112,395	25,258
Jun 2022	114,238	24,627
Sep 2022	114,016	28,544
Dec 2022	119,768	27,659
Mar 2023	119,247	28,196
Jun 2023	120,558	27,052
Sep 2023	118,257	29,417
Dec 2023	116,826	28,151
Mar 2024	115,838	28,570

Mining, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[113909],[112383],[113450],[112858],[112395],[114238],[114016],[119768],[119247],[120558],[118257],[116826],[115838]],[[26424],[26636],[25815],[25696],[25258],[24627],[28544],[27659],[28196],[27052],[29417],[28151],[28570]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 0.8%
Inventories rose 1.5%

Manufacturing

Company gross operating profits | Wages and salaries

Manufacturing, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	14,140	9,483
Jun 2021	14,285	9,457
Sep 2021	14,170	10,128
Dec 2021	14,392	12,699
Mar 2022	14,564	11,214
Jun 2022	15,138	12,758
Sep 2022	15,271	10,015
Dec 2022	15,337	11,407
Mar 2023	15,511	12,002
Jun 2023	15,627	11,237
Sep 2023	16,008	11,524
Dec 2023	16,160	11,616
Mar 2024	16,464	11,864

Manufacturing, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[14140],[14285],[14170],[14392],[14564],[15138],[15271],[15337],[15511],[15627],[16008],[16160],[16464]],[[9483],[9457],[10128],[12699],[11214],[12758],[10015],[11407],[12002],[11237],[11524],[11616],[11864]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 2.1%
Wages and salaries rose 1.9%

Sales of goods and services | Inventories

Manufacturing, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2021	102,819	52,576
Jun 2021	103,527	53,102
Sep 2021	102,658	53,035
Dec 2021	103,897	54,046
Mar 2022	102,332	56,280
Jun 2022	102,735	58,137
Sep 2022	101,305	57,981
Dec 2022	100,316	58,617
Mar 2023	103,353	58,322
Jun 2023	100,865	58,379
Sep 2023	101,053	58,669
Dec 2023	101,831	58,072
Mar 2024	100,789	58,373

Manufacturing, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[102819],[103527],[102658],[103897],[102332],[102735],[101305],[100316],[103353],[100865],[101053],[101831],[100789]],[[52576],[53102],[53035],[54046],[56280],[58137],[57981],[58617],[58322],[58379],[58669],[58072],[58373]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 1.0%
Inventories rose 0.5%

Electricity, gas, water and waste services

Company gross operating profits | Wages and salaries

Electricity, gas, water and waste services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	1,503	4,142
Jun 2021	1,551	4,044
Sep 2021	1,589	3,924
Dec 2021	1,601	4,011
Mar 2022	1,647	4,204
Jun 2022	1,629	4,223
Sep 2022	1,637	4,226
Dec 2022	1,688	4,648
Mar 2023	1,735	4,999
Jun 2023	1,810	4,828
Sep 2023	1,818	4,989
Dec 2023	1,886	5,410
Mar 2024	1,914	5,487

Electricity, gas, water and waste services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[1503],[1551],[1589],[1601],[1647],[1629],[1637],[1688],[1735],[1810],[1818],[1886],[1914]],[[4142],[4044],[3924],[4011],[4204],[4223],[4226],[4648],[4999],[4828],[4989],[5410],[5487]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 1.4%
Wages and salaries rose 1.5%

Sales of goods and services | Inventories

Electricity, gas, water and waste services, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2021	20,770	1,366
Jun 2021	22,647	1,418
Sep 2021	22,551	1,458
Dec 2021	22,279	1,408
Mar 2022	21,762	1,312
Jun 2022	24,351	1,289
Sep 2022	24,438	1,327
Dec 2022	23,780	1,472
Mar 2023	23,106	1,401
Jun 2023	23,808	1,409
Sep 2023	23,325	1,458
Dec 2023	24,149	1,396
Mar 2024	24,206	1,387

Electricity, gas, water and waste services, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[20770],[22647],[22551],[22279],[21762],[24351],[24438],[23780],[23106],[23808],[23325],[24149],[24206]],[[1366],[1418],[1458],[1408],[1312],[1289],[1327],[1472],[1401],[1409],[1458],[1396],[1387]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.2%
Inventories fell 0.6%

Construction

Company gross operating profits | Wages and salaries

Construction, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	15,271	6,984
Jun 2021	15,756	6,118
Sep 2021	15,722	6,745
Dec 2021	16,092	7,082
Mar 2022	16,711	7,334
Jun 2022	17,408	6,858
Sep 2022	18,012	6,494
Dec 2022	18,806	6,894
Mar 2023	19,266	7,300
Jun 2023	19,806	7,435
Sep 2023	19,981	8,018
Dec 2023	20,404	7,913
Mar 2024	20,276	7,816

Construction, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[15271],[15756],[15722],[16092],[16711],[17408],[18012],[18806],[19266],[19806],[19981],[20404],[20276]],[[6984],[6118],[6745],[7082],[7334],[6858],[6494],[6894],[7300],[7435],[8018],[7913],[7816]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 1.2%
Wages and salaries fell 0.6%

Sales of goods and services

Construction, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	93,881
Jun 2021	96,580
Sep 2021	95,250
Dec 2021	95,177
Mar 2022	96,752
Jun 2022	96,933
Sep 2022	95,602
Dec 2022	95,457
Mar 2023	94,986
Jun 2023	96,353
Sep 2023	97,112
Dec 2023	97,442
Mar 2024	95,040

Construction, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[93881],[96580],[95250],[95177],[96752],[96933],[95602],[95457],[94986],[96353],[97112],[97442],[95040]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 2.5%

Wholesale trade

Company gross operating profits | Wages and salaries

Wholesale trade, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	10,419	8,848
Jun 2021	10,514	8,432
Sep 2021	10,480	8,238
Dec 2021	10,629	8,839
Mar 2022	10,938	9,829
Jun 2022	11,149	9,730
Sep 2022	11,464	9,422
Dec 2022	11,673	11,356
Mar 2023	11,807	10,725
Jun 2023	11,956	10,216
Sep 2023	12,101	10,093
Dec 2023	12,247	9,925
Mar 2024	12,253	9,866

Wholesale trade, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[10419],[10514],[10480],[10629],[10938],[11149],[11464],[11673],[11807],[11956],[12101],[12247],[12253]],[[8848],[8432],[8238],[8839],[9829],[9730],[9422],[11356],[10725],[10216],[10093],[9925],[9866]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 0.6%
Wages and salaries remained relatively unchanged this quarter

Sales of goods and services | Inventories

Wholesale trade, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2021	159,947	68,474
Jun 2021	159,758	68,794
Sep 2021	150,321	66,859
Dec 2021	158,368	68,963
Mar 2022	164,184	70,435
Jun 2022	159,503	70,424
Sep 2022	162,548	71,645
Dec 2022	161,885	72,662
Mar 2023	166,870	74,822
Jun 2023	160,630	73,443
Sep 2023	158,387	73,400
Dec 2023	158,129	72,156
Mar 2024	156,685	73,143

Wholesale trade, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[159947],[159758],[150321],[158368],[164184],[159503],[162548],[161885],[166870],[160630],[158387],[158129],[156685]],[[68474],[68794],[66859],[68963],[70435],[70424],[71645],[72662],[74822],[73443],[73400],[72156],[73143]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 0.9%
Inventories rose 1.4%

Retail trade

Company gross operating profits | Wages and salaries

Retail trade, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	11,749	6,082
Jun 2021	12,258	5,526
Sep 2021	11,608	5,441
Dec 2021	11,759	5,722
Mar 2022	11,994	6,877
Jun 2022	12,509	6,310
Sep 2022	12,903	6,080
Dec 2022	13,344	6,821
Mar 2023	13,501	6,784
Jun 2023	13,786	7,009
Sep 2023	13,931	7,640
Dec 2023	14,059	6,919
Mar 2024	14,014	6,856

Retail trade, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[11749],[12258],[11608],[11759],[11994],[12509],[12903],[13344],[13501],[13786],[13931],[14059],[14014]],[[6082],[5526],[5441],[5722],[6877],[6310],[6080],[6821],[6784],[7009],[7640],[6919],[6856]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 0.9%
Wages and salaries fell 0.3%

Sales of goods and services | Inventories

Retail trade, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2021	120,298	41,169
Jun 2021	120,826	40,801
Sep 2021	114,384	40,684
Dec 2021	121,293	40,583
Mar 2022	122,424	42,715
Jun 2022	122,695	42,634
Sep 2022	124,362	43,774
Dec 2022	124,489	43,310
Mar 2023	123,374	43,190
Jun 2023	123,735	42,817
Sep 2023	125,566	42,787
Dec 2023	126,660	42,673
Mar 2024	127,000	43,704

Retail trade, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[120298],[120826],[114384],[121293],[122424],[122695],[124362],[124489],[123374],[123735],[125566],[126660],[127000]],[[41169],[40801],[40684],[40583],[42715],[42634],[43774],[43310],[43190],[42817],[42787],[42673],[43704]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.3%
Inventories rose 2.4%

Accommodation and food services

Company gross operating profits | Wages and salaries

Accommodation and food services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	5,918	1,806
Jun 2021	6,172	1,563
Sep 2021	4,667	1,324
Dec 2021	5,429	1,201
Mar 2022	5,633	681
Jun 2022	6,466	1,029
Sep 2022	6,793	1,559
Dec 2022	7,266	1,824
Mar 2023	7,416	1,571
Jun 2023	7,349	1,484
Sep 2023	7,685	1,611
Dec 2023	7,744	1,579
Mar 2024	7,801	1,595

Accommodation and food services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[5918],[6172],[4667],[5429],[5633],[6466],[6793],[7266],[7416],[7349],[7685],[7744],[7801]],[[1806],[1563],[1324],[1201],[681],[1029],[1559],[1824],[1571],[1484],[1611],[1579],[1595]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 1.0%
Wages and salaries rose 0.7%

Sales of goods and services | Inventories

Accommodation and food services, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Mar 2021	25,861	1,551
Jun 2021	26,480	1,608
Sep 2021	19,609	1,647
Dec 2021	25,268	1,697
Mar 2022	25,763	1,751
Jun 2022	28,545	1,853
Sep 2022	28,892	1,923
Dec 2022	30,452	1,962
Mar 2023	30,698	2,135
Jun 2023	30,529	2,039
Sep 2023	30,386	1,995
Dec 2023	30,243	1,917
Mar 2024	29,779	1,824

Accommodation and food services, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[25861],[26480],[19609],[25268],[25763],[28545],[28892],[30452],[30698],[30529],[30386],[30243],[29779]],[[1551],[1608],[1647],[1697],[1751],[1853],[1923],[1962],[2135],[2039],[1995],[1917],[1824]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 1.5%
Inventories fell 4.9%

Transport, postal and warehousing

Company gross operating profits | Wages and salaries

Transport, postal and warehousing, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	7,347	5,045
Jun 2021	7,407	5,164
Sep 2021	7,316	4,473
Dec 2021	7,294	5,926
Mar 2022	7,555	6,381
Jun 2022	8,060	7,098
Sep 2022	8,363	7,489
Dec 2022	8,724	8,092
Mar 2023	8,941	8,646
Jun 2023	8,999	7,924
Sep 2023	9,369	7,826
Dec 2023	9,480	8,300
Mar 2024	9,617	8,234

Transport, postal and warehousing, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[7347],[7407],[7316],[7294],[7555],[8060],[8363],[8724],[8941],[8999],[9369],[9480],[9617]],[[5045],[5164],[4473],[5926],[6381],[7098],[7489],[8092],[8646],[7924],[7826],[8300],[8234]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 0.8%
Wages and salaries rose 1.4%

Sales of goods and services

Transport, postal and warehousing, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	35,659
Jun 2021	36,592
Sep 2021	34,296
Dec 2021	35,453
Mar 2022	38,072
Jun 2022	39,844
Sep 2022	40,621
Dec 2022	40,570
Mar 2023	41,450
Jun 2023	42,592
Sep 2023	43,069
Dec 2023	43,553
Mar 2024	43,786

Transport, postal and warehousing, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[35659],[36592],[34296],[35453],[38072],[39844],[40621],[40570],[41450],[42592],[43069],[43553],[43786]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.5%

Information media and telecommunications

Company gross operating profits | Wages and salaries

Information media and telecommunications, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	3,277	4,266
Jun 2021	3,307	4,327
Sep 2021	3,270	4,325
Dec 2021	3,433	4,747
Mar 2022	3,783	4,812
Jun 2022	3,985	4,462
Sep 2022	4,092	4,255
Dec 2022	4,158	4,491
Mar 2023	4,242	4,453
Jun 2023	4,393	4,567
Sep 2023	4,773	4,486
Dec 2023	4,595	4,489
Mar 2024	4,560	4,654

Information media and telecommunications, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[3277],[3307],[3270],[3433],[3783],[3985],[4092],[4158],[4242],[4393],[4773],[4595],[4560]],[[4266],[4327],[4325],[4747],[4812],[4462],[4255],[4491],[4453],[4567],[4486],[4489],[4654]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 3.7%
Wages and salaries fell 0.8%

Sales of goods and services

Information media and telecommunications, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	18,635
Jun 2021	18,940
Sep 2021	19,220
Dec 2021	20,838
Mar 2022	21,664
Jun 2022	22,238
Sep 2022	22,843
Dec 2022	23,421
Mar 2023	23,834
Jun 2023	24,094
Sep 2023	24,702
Dec 2023	24,739
Mar 2024	24,448

Information media and telecommunications, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[18635],[18940],[19220],[20838],[21664],[22238],[22843],[23421],[23834],[24094],[24702],[24739],[24448]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 1.2%

Financial and insurance services

Company gross operating profits | Wages and salaries

Financial and insurance services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	11,501	867
Jun 2021	11,763	1,068
Sep 2021	12,149	990
Dec 2021	11,994	2,131
Mar 2022	11,939	1,565
Jun 2022	12,046	846
Sep 2022	12,261	589
Dec 2022	12,861	598
Mar 2023	13,144	821
Jun 2023	13,566	1,069
Sep 2023	13,717	1,065
Dec 2023	13,362	1,462
Mar 2024	13,727	1,353

Financial and insurance services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[11501],[11763],[12149],[11994],[11939],[12046],[12261],[12861],[13144],[13566],[13717],[13362],[13727]],[[867],[1068],[990],[2131],[1565],[846],[589],[598],[821],[1069],[1065],[1462],[1353]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 7.4%
Wages and salaries rose 2.7%

Sales of goods and services

Financial and insurance services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	16,846
Jun 2021	16,517
Sep 2021	17,609
Dec 2021	19,316
Mar 2022	17,511
Jun 2022	16,875
Sep 2022	16,706
Dec 2022	16,691
Mar 2023	15,869
Jun 2023	15,738
Sep 2023	15,909
Dec 2023	16,229
Mar 2024	16,087

Financial and insurance services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[16846],[16517],[17609],[19316],[17511],[16875],[16706],[16691],[15869],[15738],[15909],[16229],[16087]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 0.9%

Rental, hiring and real estate services

Company gross operating profits | Wages and salaries

Rental, hiring and real estate services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	4,072	6,063
Jun 2021	4,241	5,852
Sep 2021	4,154	5,673
Dec 2021	4,254	7,428
Mar 2022	4,201	6,964
Jun 2022	4,259	6,402
Sep 2022	4,330	5,956
Dec 2022	4,325	5,699
Mar 2023	4,310	6,150
Jun 2023	4,500	5,718
Sep 2023	4,610	6,082
Dec 2023	4,583	6,204
Mar 2024	4,588	6,416

Rental, hiring and real estate services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[4072],[4241],[4154],[4254],[4201],[4259],[4330],[4325],[4310],[4500],[4610],[4583],[4588]],[[6063],[5852],[5673],[7428],[6964],[6402],[5956],[5699],[6150],[5718],[6082],[6204],[6416]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 3.4%
Wages and salaries rose 0.1%

Sales of goods and services

Rental, hiring and real estate services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	27,622
Jun 2021	27,938
Sep 2021	27,621
Dec 2021	28,358
Mar 2022	28,099
Jun 2022	28,218
Sep 2022	28,109
Dec 2022	28,551
Mar 2023	28,416
Jun 2023	29,218
Sep 2023	29,416
Dec 2023	29,213
Mar 2024	29,428

Rental, hiring and real estate services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[27622],[27938],[27621],[28358],[28099],[28218],[28109],[28551],[28416],[29218],[29416],[29213],[29428]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.7%

Professional, scientific and technical services

Company gross operating profits | Wages and salaries

Professional, scientific and technical services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	20,287	6,272
Jun 2021	20,463	6,708
Sep 2021	20,990	7,243
Dec 2021	21,447	7,631
Mar 2022	21,753	5,287
Jun 2022	22,208	5,252
Sep 2022	22,991	5,896
Dec 2022	23,472	6,806
Mar 2023	23,900	7,321
Jun 2023	24,521	6,873
Sep 2023	24,874	6,917
Dec 2023	25,155	7,126
Mar 2024	25,488	7,369

Professional, scientific and technical services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[20287],[20463],[20990],[21447],[21753],[22208],[22991],[23472],[23900],[24521],[24874],[25155],[25488]],[[6272],[6708],[7243],[7631],[5287],[5252],[5896],[6806],[7321],[6873],[6917],[7126],[7369]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 3.4%
Wages and salaries rose 1.3%

Sales of goods and services

Professional, scientific and technical services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	58,509
Jun 2021	58,671
Sep 2021	58,124
Dec 2021	60,702
Mar 2022	62,453
Jun 2022	62,978
Sep 2022	63,820
Dec 2022	62,864
Mar 2023	62,379
Jun 2023	62,488
Sep 2023	62,945
Dec 2023	63,708
Mar 2024	63,732

Professional, scientific and technical services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[58509],[58671],[58124],[60702],[62453],[62978],[63820],[62864],[62379],[62488],[62945],[63708],[63732]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services remained relatively unchanged this quarter

Administrative and support services

Company gross operating profits | Wages and salaries

Administrative and support services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	11,145	1,861
Jun 2021	11,547	2,087
Sep 2021	11,841	1,574
Dec 2021	11,961	1,361
Mar 2022	12,114	1,193
Jun 2022	12,352	1,152
Sep 2022	12,541	1,132
Dec 2022	12,899	1,426
Mar 2023	13,122	1,541
Jun 2023	13,168	2,021
Sep 2023	13,535	2,004
Dec 2023	13,634	2,005
Mar 2024	13,671	1,926

Administrative and support services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[11145],[11547],[11841],[11961],[12114],[12352],[12541],[12899],[13122],[13168],[13535],[13634],[13671]],[[1861],[2087],[1574],[1361],[1193],[1152],[1132],[1426],[1541],[2021],[2004],[2005],[1926]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 3.9%
Wages and salaries rose 0.3%

Sales of goods and services

Administrative and support services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	21,441
Jun 2021	22,620
Sep 2021	22,376
Dec 2021	23,676
Mar 2022	23,986
Jun 2022	24,117
Sep 2022	24,628
Dec 2022	25,265
Mar 2023	25,068
Jun 2023	25,517
Sep 2023	25,106
Dec 2023	25,290
Mar 2024	25,170

Administrative and support services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[21441],[22620],[22376],[23676],[23986],[24117],[24628],[25265],[25068],[25517],[25106],[25290],[25170]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 0.5%

Education and training

Education and training, Current prices
	Seasonally adjusted Wages ($m)
Mar 2021	5,118
Jun 2021	5,144
Sep 2021	4,989
Dec 2021	5,078
Mar 2022	5,178
Jun 2022	5,348
Sep 2022	5,531
Dec 2022	5,525
Mar 2023	5,921
Jun 2023	6,105
Sep 2023	6,217
Dec 2023	6,366
Mar 2024	6,445

Health care and social assistance

Health care and social assistance, Current prices
	Seasonally adjusted Wages ($m)
Mar 2021	16,074
Jun 2021	16,146
Sep 2021	16,322
Dec 2021	16,391
Mar 2022	16,728
Jun 2022	17,268
Sep 2022	17,591
Dec 2022	17,881
Mar 2023	18,331
Jun 2023	18,654
Sep 2023	19,766
Dec 2023	20,356
Mar 2024	20,323

Arts and recreation services

Company gross operating profits | Wages and salaries

Arts and recreation services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	1,695	1,243
Jun 2021	1,725	1,092
Sep 2021	1,385	1,116
Dec 2021	1,607	1,121
Mar 2022	1,754	1,041
Jun 2022	1,858	1,006
Sep 2022	1,925	776
Dec 2022	2,000	939
Mar 2023	2,051	838
Jun 2023	2,119	876
Sep 2023	2,284	944
Dec 2023	2,273	942
Mar 2024	2,267	1,028

Arts and recreation services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[1695],[1725],[1385],[1607],[1754],[1858],[1925],[2000],[2051],[2119],[2284],[2273],[2267]],[[1243],[1092],[1116],[1121],[1041],[1006],[776],[939],[838],[876],[944],[942],[1028]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 9.2%
Wages and salaries fell 0.2%

Sales of goods and services

Arts and recreation services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	8,332
Jun 2021	8,235
Sep 2021	7,497
Dec 2021	8,552
Mar 2022	9,149
Jun 2022	9,607
Sep 2022	9,432
Dec 2022	9,811
Mar 2023	9,552
Jun 2023	9,612
Sep 2023	9,896
Dec 2023	9,796
Mar 2024	10,161

Arts and recreation services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[8332],[8235],[7497],[8552],[9149],[9607],[9432],[9811],[9552],[9612],[9896],[9796],[10161]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 3.7%

Other services

Company gross operating profits | Wages and salaries

Other services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Mar 2021	4,755	1,274
Jun 2021	4,842	1,743
Sep 2021	4,478	1,646
Dec 2021	4,797	1,773
Mar 2022	4,941	2,004
Jun 2022	5,129	1,888
Sep 2022	5,266	1,543
Dec 2022	5,279	2,245
Mar 2023	5,391	2,384
Jun 2023	5,526	2,447
Sep 2023	5,741	2,531
Dec 2023	5,846	2,463
Mar 2024	5,850	2,308

Other services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[4755],[4842],[4478],[4797],[4941],[5129],[5266],[5279],[5391],[5526],[5741],[5846],[5850]],[[1274],[1743],[1646],[1773],[2004],[1888],[1543],[2245],[2384],[2447],[2531],[2463],[2308]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 6.3%
Wages and salaries rose 0.1%

Sales of goods and services

Other services, Chain volume measures
	Seasonally adjusted Sales ($m)
Mar 2021	15,012
Jun 2021	15,331
Sep 2021	13,390
Dec 2021	15,460
Mar 2022	15,437
Jun 2022	15,653
Sep 2022	15,668
Dec 2022	16,053
Mar 2023	16,293
Jun 2023	16,853
Sep 2023	16,863
Dec 2023	16,908
Mar 2024	16,525

Other services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023","Mar 2024"],[[15012],[15331],[13390],[15460],[15437],[15653],[15668],[16053],[16293],[16853],[16863],[16908],[16525]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 2.3%

Data downloads

Download all (1.75 MB)

Time series spreadsheets

Data files

Table 1. Inventories, chain volume measures
Download xlsx [74.2 KB]
Table 2. Inventories, chain volume measures, percentage change from previous quarter
Download xlsx [70.41 KB]
Table 3. Inventories, current prices
Download xlsx [74.75 KB]
Table 4. Income from sales of goods and services, chain volume measures
Download xlsx [94.39 KB]
Table 5. Income from sales of goods and services, chain volume measures, percentage change from previous quarter
Download xlsx [87.06 KB]
Table 6. Income from sales of goods and services, current prices
Download xlsx [96 KB]
Table 7. Income from sales of goods and services by state, current prices
Download xlsx [69.47 KB]
Table 8. Income from sales of goods and services by state, current prices, percentage change from previous quarter
Download xlsx [65.66 KB]
Table 9. Company profits before income tax, current prices
Download xlsx [116.42 KB]
Table 10. Company profits before income tax, current prices, percentage change from previous quarter
Download xlsx [107.3 KB]
Table 11. Company gross operating profits, current prices
Download xlsx [106.03 KB]
Table 12. Company gross operating profits, current prices, percentage change from previous quarter
Download xlsx [95.39 KB]
Table 13. Unincorporated gross operating profits, current prices
Download xlsx [114.5 KB]
Table 14. Unincorporated gross operating profits, current prices, percentage change from previous quarter
Download xlsx [87.36 KB]
Table 15. Business gross operating profits, current prices
Download xlsx [100.98 KB]
Table 16. Business gross operating profits, current prices, percentage change from previous quarter
Download xlsx [91.03 KB]
Table 17. Wages and salaries, current prices
Download xlsx [96.35 KB]
Table 18. Wages and salaries, current prices, percentage change from the previous quarter
Download xlsx [89.83 KB]
Table 19. Wages and salaries by state, current prices
Download xlsx [71.81 KB]
Table 20. Wages and salaries by state, current prices, percentage change from previous quarter
Download xlsx [68.17 KB]
Table 21. Sales/wages and salaries ratio, current prices, original
Download xlsx [56.58 KB]
Table 22. Business gross operating profits/sales ratio, current prices, original
Download xlsx [55.53 KB]
Table 23. Inventories/sales ratio, current prices, original
Download xlsx [50.83 KB]

Data Explorer datasets

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer.

Business Indicators - Quarterly estimates of private sector sales, wages, profits and inventories

Previous catalogue number

This release previously used catalogue number 5676.0.

Methodology

Business Indicators, Australia methodology, March 2024

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APA

Business Indicators, Australia

APA

Key statistics

Inventories

Company gross operating profits

Notes on release

Change to ABS Business Indicators Methodology

Extraordinary Annual Seasonal Review (EASR) (March quarter 2024)

Suspension of trend series

Accounting for the extra leap year day

Comparison between company gross operating profits and gross operating surplus

Analysis by industry

​​​​​​​Featured series

Total all industries

Company gross operating profits | Wages and salaries

Inventories

Mining

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Manufacturing

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Electricity, gas, water and waste services

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Construction

Company gross operating profits | Wages and salaries

Sales of goods and services

Wholesale trade

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Retail trade

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Accommodation and food services

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Transport, postal and warehousing

Company gross operating profits | Wages and salaries

Sales of goods and services

Information media and telecommunications

Company gross operating profits | Wages and salaries

Sales of goods and services

Financial and insurance services

Company gross operating profits | Wages and salaries

Sales of goods and services

Rental, hiring and real estate services

Company gross operating profits | Wages and salaries

Sales of goods and services

Professional, scientific and technical services

Company gross operating profits | Wages and salaries

Sales of goods and services

Administrative and support services

Company gross operating profits | Wages and salaries

Sales of goods and services

Education and training

Wages and salaries

Health care and social assistance

Wages and salaries

Arts and recreation services

Company gross operating profits | Wages and salaries

Sales of goods and services

Other services

Company gross operating profits | Wages and salaries

Sales of goods and services

Data downloads

Time series spreadsheets

Table 1. Inventories, chain volume measures

Table 2. Inventories, chain volume measures, percentage change from previous quarter

Table 3. Inventories, current prices

Table 4. Income from sales of goods and services, chain volume measures

Table 5. Income from sales of goods and services, chain volume measures, percentage change from previous quarter

Table 6. Income from sales of goods and services, current prices

Table 7. Income from sales of goods and services by state, current prices

Table 8. Income from sales of goods and services by state, current prices, percentage change from previous quarter

Table 9. Company profits before income tax, current prices

Table 10. Company profits before income tax, current prices, percentage change from previous quarter

Table 11. Company gross operating profits, current prices

Table 12. Company gross operating profits, current prices, percentage change from previous quarter

Featured series