5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2019   
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Main features income at current prices

Trend
Seasonally adjusted


% Change
% Change
% points contribution to
% Change
% Change
% points contribution to
Mar 19 to
Jun 18 to
growth in GDP
Mar 19 to
Jun 18 to
growth in GDP
Jun 19
Jun 19
Mar 19 to Jun 19
Jun 19
Jun 19
Mar 19 to Jun 19

Compensation of employees
1.2
4.7
0.6
  
1.3
5.0
0.6
Gross operating surplus
     
            
            
  
        
             
        
Private non-financial corporations
3.2
14.3
0.6
  
2.9
14.9
0.6
Other(a)
0.7
3.3
0.1
  
0.6
3.3
0.1
Gross mixed income
-0.3
-2.6
       -
  
-0.2
-3.8
       -
Taxes less subsidies on production and imports
0.3
0.3
       -
  
0.5
0.4
0.1
Statistical discrepancy (I)
 na
 na
       -
  
 na
 na
       -0.1
Gross domestic product
1.4
5.4
1.4
  
1.2
5.4
1.2

- 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.

June quarter

Summary Comments

Gross operating surplus (GOS)
  • Total GOS grew 1.9% increasing for all sectors except public non-financial corporations. Private non-financial corporations were the main contributor to growth, increasing 2.9%, which is consistent with the rise in the terms of trade (1.4%).
  • Through the year GOS increased 9.4%. Mining was the main contributor to this growth, driven by higher commodity prices and increased production volumes.


Compensation of employees (COE)
  • COE increased 1.3% and average compensation per employee rose 0.9%.
  • Private COE grew 1.1%, while public COE increased 2.0%.
  • All states and territories with the exception of the Northern Territory recorded growth in COE this quarter. The strongest growth came from Tasmania (3.6%) followed by Victoria (1.8%). All states recorded growth in COE through the year with the exception of Northern Territory.


State compensation of employees, Current prices: Seasonally adjusted
Diagram shows State compensation of employees, Current prices: Seasonally adjusted