5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2018 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 05/12/2018   
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MAIN FEATURES INCOME AT CURRENT PRICES


Trend
Seasonally adjusted


% Change
% Change
% points contribution to
% Change
% Change
% points contribution to
Jun 18 to
Sep 17 to
growth in GDP
Jun 18 to
Sep 17 to
growth in GDP
Sep 18
Sep 18
Jun 18 to Sep 18
Sep 18
Sep 18
Jun 18 to Sep 18

Compensation of employees
0.9
4.3
0.4
1.0
4.3
0.4
Gross operating surplus
Private non-financial corporations
1.5
7.3
0.3
2.0
7.5
0.4
Other(a)
1.0
4.4
0.2
0.8
4.3
0.1
Gross mixed income
0.7
4.5
0.1
-1.3
4.7
-0.1
Taxes less subsidies on production and imports
1.0
4.4
0.1
0.3
4.2
-
Statistical discrepancy (I)
na
na
0.1
na
na
0.1
Gross domestic product
1.2
5.4
1.2
1.0
5.2
1.0

- nil or rounded to zero (including null cells)
na not available
(a) Includes Public non-financial corporations Financial corporations General government and Dwellings owned by persons.


SEPTEMBER QUARTER

Summary Comments

Gross operating surplus (GOS)
  • Total GOS increased in the September quarter 2018, recording growth of 1.4%. GOS increased for all sectors except for public non-financial corporations. Private non-financial corporations was the main contributor to growth, increasing 2.0%.
  • Through the year GOS for all industries increased 6.0%. Similar to the previous year, Mining was the main contributor to this growth, driven by both higher production and continued strength in commodity prices.

Compensation of employees (COE)
  • Seasonally adjusted COE increased 1.0% in the September quarter 2018 with average compensation per employee increasing 0.2%.
  • Private sector COE grew 1.2%, while public sector COE increased 0.3%.
  • All states recorded growth in COE except for the Northern Territory. Queensland (1.8%), New South Wales (0.9%) and Victoria (0.9%) were the main contributors to growth. All states recorded growth in COE through the year.

STATE COMPENSATION OF EMPLOYEES, Current Prices: Seasonally Adjusted
Graph shows STATE COMPENSATION OF EMPLOYEES, Current Prices: Seasonally Adjusted