5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2008 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/03/2009   
   Page tools: Print Print Page Print all pages in this productPrint All

MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change Sep 08 to Dec 08
% change Dec 07 to Dec 08
% points contribution to growth in GDP Sep 08 to Dec 08
% change Sep 08 to Dec 08
% change Dec 07 to Dec 08
% points contribution to growth in GDP Sep 08 to Dec 08

Compensation of employees
1.8
7.8
0.9
1.2
7.9
0.6
Gross operating surplus
Private
np
np
np
-5.6
14.2
-1.2
Other
np
np
np
0.6
3.5
0.1
Gross mixed income
1.7
3.4
0.1
1.0
2.9
0.1
Taxes less subsidies on production and imports
-0.9
-2.3
-0.1
-2.5
-2.9
-0.3
Statistical discrepancy (I)
. .
. .
0.2
. .
. .
0.4
Gross domestic product
1.6
9.2
1.6
-0.3
7.9
-0.3

. . not applicable
np not available for publication but included in totals where applicable, unless otherwise indicated



DECEMBER QUARTER

Summary Comments

Compensation of employees (COE)
  • The trend increase of 1.8% reflected a rise of 1.5% in average earnings and a 0.3% rise in the number of wage & salary earners. Seasonally adjusted, COE grew by 1.2%, reflecting growth in average earnings of 0.8% and of the number of wage and salary earners by 0.4%. Seasonally adjusted, COE represented 53.3% of Total factor income.
Wages (a) share of total factor income
Graph: Wages (a) share of total factor income


Gross operating surplus (GOS)
  • Trend GOS of corporations increased by 0.9%, and in seasonally adjusted terms decreased by 5.4%. Seasonally adjusted, GOS of corporations represented 26.6% of Total factor income. Though slightly lower than last quarter, this continues the high share of total factor income seen in this series in recent periods.
Profit (a) share of total factor income
Graph: Profit (a) share of total factor income