5206.0 - Australian National Accounts: National Income, Expenditure and Product, Dec 2015 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/03/2016   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change
Sep 15
to Dec 15
% change Dec 14 to Dec 15
% points contributions to growth in GDP Sep 15 to Dec 15
% change
Sep 15
to Dec 15
% change Dec 14 to Dec 15
% points contributions to growth in GDP Sep 15 to Dec 15

Compensation of employees
0.8
3.0
0.4
0.4
2.9
0.2
Gross operating surplus
Private non-financial corporations
0.2
-2.2
-
0.9
-1.8
0.1
Other(a)
1.0
4.2
0.2
1.3
3.9
0.2
Gross mixed income
1.1
10.4
0.1
-0.5
9.6
-
Taxes less subsidies on production and imports
1.3
6.3
0.1
0.5
6.2
-
Statistical discrepancy (I)
na
na
-0.2
na
na
-0.2
Gross domestic product
0.6
2.5
0.6
0.4
2.4
0.4

- 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)
  • Seasonally adjusted COE increased 0.4%, reflecting a fall of 0.6% in average earnings per employee, and an increase of 1.0% in the number of employees.
  • Private sector COE rose 0.3% and the public sector COE rose 0.7%. The relatively weak increase (when compared with employment growth) was a result of increases seen in labour intensive industries such as Retail trade and Health care and social assistance.
  • Trend COE represented 54.0% of Total factor income.
COE SHARE OF TOTAL FACTOR INCOME: Trend
Graph: COE SHARE OF TOTAL FACTOR INCOME: Trend


Gross operating surplus (GOS)
  • Total GOS rose 1.1% for the December quarter. Seasonally adjusted Total corporations GOS increased 1.1%. Financial corporations and Private non-financial corporations were the main contributors with Financial corporations increasing 2.1% and Private non-financial corporations recording an increase of 0.9%.
  • Trend GOS for Total corporations represented 36.5% of Total factor income.
PROFIT (a) SHARE OF TOTAL FACTOR INCOME: Trend
Graph: PROFIT SHARE OF TOTAL FACTOR INCOME: Trend