5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/12/2004   
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Trend
Seasonally adjusted
Quarterly % change Jun 04 to Sep 04
Annual % change Sep 03 to Sep 04
% points contribution to growth in GDP Jun 04 to Sep 04
Quarterly % change Jun 04 to Sep 04
Annual % change Sep 03 to Sep 04
% points contribution to growth in GDP Jun 04 to Sep 04

Compensation of employees
1.5
6.2
0.7
1.3
6.2
0.6
Gross operating surplus
Private
1.4
9.5
0.2
-0.2
9.4
-
Other
1.6
6.5
0.2
1.7
6.3
0.3
Gross mixed income
0.6
7.6
0.1
2.4
9.0
0.2
Taxes less subsidies on production and imports
0.8
3.8
0.1
4.1
5.0
0.5
Statistical discrepancy (I)
. .
. .
-
. .
. .
-0.1
Gross domestic product
1.4
6.8
1.4
1.4
7.1
1.4

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



SEPTEMBER QUARTER

Summary Comments

Compensation of employees

  • The trend increase of 1.5% in the September quarter reflects a rise of 0.5% in average earnings and 1.0% rise in the number of wage and salary earners. Seasonally adjusted, compensation of employees grew by 1.3%. Average earnings increased by 0.5%, while the number of wage and salary earners increased by 0.8%. Further discussion of compensation of employees is found on pages 10 and 11.
Wages Share(a) of Total Factor Income: Trend
Graph: Wages share of total factor income, Trend



Gross operating surplus (GOS)
  • The trend GOS of financial and non-financial corporations increased by 1.4% in the September quarter. Seasonally adjusted, GOS of financial and non-financial corporations increased by 0.2%, following a rise of 4.7% in the June quarter.
Profit(a) Share of Total Factor Income: Trend
Graph: Profit share of total factor income, Trend