5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2013 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/03/2014   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change Sep 13 to Dec 13
% change Dec 12 to Dec 13
% points contributions to growth in GDP Sep 13 to Dec 13
% change Sep 13 to Dec 13
% change Dec 12 to Dec 13
% points contributions to growth in GDP Sep 13 to Dec 13

Compensation of employees
0.8
2.9
0.4
1.0
2.8
0.5
Gross operating surplus
Private non-financial corporations
2.5
7.7
0.5
4.9
10.3
0.9
Other(a)
1.2
5.6
0.2
1.1
5.3
0.2
Gross mixed income
-0.1
2.5
-
0.1
3.4
-
Taxes less subsidies on production and imports
0.7
5.0
0.1
1.1
4.5
0.1
Statistical discrepancy (I)
na
na
-
na
na
-
Gross domestic product
1.2
4.4
1.2
1.6
4.8
1.6

- 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.



DECEMBER QUARTER

Summary Comments

Compensation of employees (COE)
  • Trend total COE rose 0.8%, reflecting a rise of 0.8% in average earnings per employee. Seasonally adjusted COE increased 1.0%, reflecting a rise of 0.9% in average earnings per employee. Trend COE represented 53.4% 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 increased 2.2%. In seasonally adjusted terms, GOS for Total corporations rose 3.9%. Private non-financial corporations was the main contributor to the increase in GOS, recording an increase of 4.9%, followed by Public non-financial corporations increasing by 1.8%. Trend GOS for Total corporations represented 27.2% of Total factor income.
Profit (a) Share of Total Factor Income: Trend
Graph: Profit (a) Share of Total Factor Income: Trend