5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2014 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/03/2015   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change
Sep 14
to Dec 14
% change Dec 13 to Dec 14
% points contributions to growth in GDP Sep 14 to Dec 14
% change
Sep 14
to Dec 14
% change Dec 13 to Dec 14
% points contributions to growth in GDP Sep 14 to Dec 14

Compensation of employees
0.6
2.6
0.3
0.2
2.3
0.1
Gross operating surplus
Private non-financial corporations
-1.5
-4.3
-0.3
0.5
-4.4
0.1
Other(a)
1.7
6.0
0.3
1.7
6.4
0.3
Gross mixed income
-0.6
0.5
-
0.2
1.0
-
Taxes less subsidies on production and imports
-0.3
1.5
-
0.3
2.2
-
Statistical discrepancy (I)
na
na
-
na
na
-
Gross domestic product
0.2
1.6
0.2
0.6
1.7
0.6

- 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

Summary Comments

Compensation of employees (COE)
  • Trend total COE rose 0.6%, reflecting a rise of 0.3% in average earnings per employee. Seasonally adjusted COE increased 0.2%, reflecting a fall of 0.5% in average earnings per employee. Trend COE represented 53.4% of Total Factor income.
COE SHARE OF TOTAL FACTOR INCOME: Trend
Graph: COE SHARE OF TOTAL FACTOR INCOME: Trend


Gross operating surplus (GOS)
  • Trend GOS for Total corporations increased 0.1%, while in seasonally adjusted terms, it increased 1.1%. Financial corporations was the main contributor to the increase in GOS, recording an increase of 2.5%, while private non-financial corporations increased by 0.5%. Trend GOS for Total corporations represented 26.2% of Total factor income.
Profit (a) Share of Total Factor Income: Trend
Graph: Profit (a) Share of Total Factor Income: Trend