5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2016 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/06/2016   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change
Dec 15
to Mar 16
% change Mar 15 to Mar 16
% points contributions to growth in GDP Dec 15 to Mar 16
% change
Dec 15
to Mar 16
% change Mar 15 to Mar 16
% points contributions to growth in GDP Dec 15 to Mar 16

Compensation of employees
0.7
3.3
0.4
0.8
3.6
0.4
Gross operating surplus
Private non-financial corporations
-0.8
-3.0
-0.1
-2.9
-5.3
-0.5
Other(a)
0.9
3.7
0.2
1.0
4.2
0.2
Gross mixed income
0.3
5.3
-
1.5
5.2
0.1
Taxes less subsidies on production and imports
0.9
5.4
0.1
0.8
4.7
0.1
Statistical discrepancy (I)
na
na
-
na
na
0.2
Gross domestic product
0.5
2.2
0.5
0.5
2.1
0.5

- 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.



MARCH QUARTER

Summary Comments

Compensation of employees (COE)
  • Seasonally adjusted COE increased 0.8%, reflecting an increase of 0.4% in average earnings per employee.
  • Private sector COE rose 0.8% and the public sector COE rose 0.9%. The largest increases were recorded for the Professional, scientific and technical services, and Construction industries.
  • Trend COE represented 54.3% of Total factor income.

COE SHARE OF TOTAL FACTOR INCOME: Trend
Graph: COE SHARE OF TOTAL FACTOR INCOME: Trend


Gross operating surplus (GOS)
  • Total seasonally adjusted GOS decreased 0.9% for the March quarter. Seasonally adjusted Total corporations GOS decreased 1.7%. The main detractor was Private non-financial corporations (-2.9%), partially offset by Financial corporations (0.7%) and Public non-financial corporations (4.7%).
  • Trend GOS for Total corporations represented 24.7% of Total factor income.

Profit (a) Share of Total Factor Income: Trend
Graph: Profit Share of Total Factor Income: Trend