5206.0 - Australian National Accounts: National Income, Expenditure and Product, Mar 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/06/2008   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted


% change
Dec 07
to Mar 08
% change
Mar 07
to Mar 08
% points contribution
to growth in GDP

Dec 07 to Mar 08
% change
Dec 07
to Mar 08
% change
Mar 07
to Mar 08
% points contribution
to growth in GDP
Dec 07 to Mar 08

Compensation of employees
1.3
7.0
0.6
1.6
7.3
0.8
Gross operating surplus
Private
np
np
np
1.3
4.0
0.3
Other
np
np
np
2.9
13.2
0.4
Gross mixed income
2.1
11.8
0.2
-0.6
9.0
-0.1
Taxes less subsidies on production and imports
2.2
8.2
0.2
1.6
8.7
0.2
Statistical discrepancy (I)
. .
. .
-0.1
. .
. .
-0.1
Gross domestic product
1.7
7.5
1.7
1.5
7.3
1.5

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



MARCH QUARTER

Summary Comments

Compensation of employees (COE)
  • The trend increase of 1.3% reflected a rise of 0.5% in average earnings and a 0.8% rise in the number of wage & salary earners. Seasonally adjusted, COE grew by 1.6%. In seasonally adjusted terms, average earnings grew by 0.5% and the number of wage & salary earners increased by 1.1%. 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 2.1%, and in seasonally adjusted terms increased by 1.6%. Seasonally adjusted, GOS of corporations remains at historically high levels, representing 27.1% of Total factor income.
Profit (a) share of total factor income
Graph: Profit (a) share of total factor income