MAIN FEATURES INCOME AT CURRENT PRICES
| | Trend | Seasonally adjusted | |
| | % change Mar 08 to Jun 08 | % change Jun 07 to Jun 08 | % points contribution to growth in GDP Mar 08 to Jun 08 | % change Mar 08 to Jun 08 | % change Jun 07 to Jun 08 | % points contribution to growth in GDP Mar 08 to Jun 08 | |
| |
Compensation of employees | 1.6 | 6.7 | 0.8 | 1.8 | 6.6 | 0.9 | |
Gross operating surplus | | | | | | | |
| Private | np | np | np | 12.0 | 17.7 | 2.4 | |
| Other | np | np | np | 3.8 | 10.4 | 0.5 | |
Gross mixed income | -0.5 | 6.5 | - | -2.0 | 7.2 | -0.2 | |
Taxes less subsidies on production and imports | -0.3 | 3.6 | - | -2.4 | 1.6 | -0.3 | |
Statistical discrepancy (I) | . . | . . | 0.2 | . . | . . | 0.2 | |
Gross domestic product | 2.4 | 8.7 | 2.4 | 3.5 | 9.6 | 3.5 | |
| |
. . not applicable |
- nil or rounded to zero (including null cells) |
np not available for publication but included in totals where applicable, unless otherwise indicated |
JUNE QUARTER
Summary Comments
Compensation of employees (COE)
- The trend increase of 1.6% reflected a rise of 1.0% in average earnings and a 0.7% rise in the number of wage & salary earners. Seasonally adjusted, COE grew by 1.8%, reflecting growth in average earnings of 1.6% and of the number of wage and salary earners by 0.2%. Seasonally adjusted, COE represented 52.4% of Total factor income.
Wages (a) share of total factor income: Trend
Gross operating surplus (GOS)
- Trend GOS of corporations increased by 5.2%, and in seasonally adjusted terms increased by 10.8%. Seasonally adjusted, GOS of corporations represents 28.5% of Total factor income. This share is the highest since the start of the series, driven by large profits in the mining industry as a result of high iron ore and coal prices.
Profit (a) share of total factor income: Trend