5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2003   
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TREND
SEASONALLY ADJUSTED
Quarterly
% change
Mar 03 to
Jun 03
Annual
% change
Jun 02 to
Jun 03
% points
contribution to
growth in GDP
Mar 03 to
Jun 03
Quarterly
% change
Mar 03 to
Jun 03
Annual
% change
Jun 02 to
Jun 03
% points
contribution to
growth in GDP
Mar 03 to
Jun 03
Compensation of employees
1.5
6.5
0.7
1.5
6.6
0.7
Gross operating surplus
Private non-financial corporations
0.2
5.3
-
-0.7
6.3
-0.1
Other
0.9
5.5
0.1
0.8
6.2
0.1
Gross mixed income
-0.2
-4.3
-
-2.2
-5.5
-0.2
Taxes less subsidies on production and imports
0.8
3.8
0.1
1.6
4
0.2
Statistical discrepancy (I)
. .
. .
-
. .
. .
-0.3
Gross domestic product
1
5
1
0.4
5
0.4
- nil or rounded to zero (including null cells)
. . not applicable

JUNE QUARTER Summary Comments

Compensation of employees
  • The trend increase of 1.5% in the June quarter reflects a rise of 0.8% in average earnings and 0.7% rise in the number of wage and salary earners. Seasonally adjusted, compensation of employees grew by 1.5%. Average earnings increased by 1.8%, while the number of wage and salary earners fell by 0.3%. Further discussion of compensation of employees is found on page 11.

Graph-Wages Share of Total Factor Income


Gross operating surplus
  • The trend GOS of financial and non-financial corporations increased by 0.4% in the June quarter, following a rise of 1.1% in the March quarter. In seasonally adjusted terms GOS of financial and non-financial corporations decreased by 0.4% in the June quarter.

Graph-Profit Share of Total Factor Income