5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 04/03/2020   
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Main features income at current prices



Trend
Seasonally adjusted


% Change
% Change
% points contribution to
% Change
% Change
% points contribution to
Sep 19 to
Dec 18 to
growth in GDP
Sep 19 to
Dec 18 to
growth in GDP
Dec 19
Dec 19
Sep 19 to Dec 19
Dec 19
Dec 19
Sep 19 to Dec 19

Compensation of employees
1.1
5.0
0.5
1.0
5.1
0.4
Gross operating surplus
Private non-financial corporations
0.3
8.1
0.1
-2.3
6.3
-0.5
Other(a)
0.4
1.9
0.1
0.5
2.0
0.1
Gross mixed income
-0.8
-2.9
-0.1
-1.5
-3.0
-0.1
Taxes less subsidies on production and imports
0.3
3.2
-
-1.6
1.9
-0.2
Statistical discrepancy (I)
na
na
-
na
na
-0.1
Gross domestic product
0.6
4.5
0.6
-0.3
4.1
-0.3

- 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

Gross operating surplus (GOS) -1.1%

Private non-financial corporations GOS declined 2.3%, driven by a:
  • fall in Mining, in line with falls in key commodity prices as reflected in the decline in the terms of trade
  • fall in Construction reflecting the slowdown in dwelling and non-dwelling construction

Other sectors GOS rose 0.5%, this was driven by:
  • 1.4% rise in general government
  • 0.4% rise in financial corporations
  • 1.2% rise in public non-financial corporations

Compensation of employees (COE) +1.0%

Growth was recorded in sixteen of nineteen industries, driven by a:
  • 2.0% rise in Manufacturing, with increased food product manufacturing
  • 0.9% rise in Health Care and Social Assistance, due to continued demand for health services
  • 1.3% rise in Construction

All states and territories recorded growth, except South Australia. The largest increases were a:
  • 3.4% rise in the Northern Territory
  • 2.4% rise in Tasmania

State compensation of employees, current prices: seasonally adjusted
Graph shows State compensation of employees, Current prices: Seasonally adjusted