5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/12/2017   
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MAIN FEATURES INCOME AT CURRENT PRICES

Trend
Seasonally adjusted
% change
Jun 17
to Sep 17
% change
Sep 16
to Sep 17
% points
contributions
to growth
in GDP
Jun 17
to Sep 17
% change
Jun 17
to Sep 17
% change
Sep 16
to Sep 17
% points
contributions
to growth
in GDP
Jun 17
to Sep 17

Compensation of employees
1.2
3.3
0.6
1.2
3.0
0.6
Gross operating surplus
Private non-financial corporations
-0.4
16.3
-0.1
1.2
19.7
0.2
Other(a)
1.2
4.8
0.2
0.8
4.6
0.1
Gross mixed income
-2.7
-1.0
-0.2
-3.3
1.3
-0.3
Taxes less subsidies on production and imports
1.3
5.1
0.1
-0.7
5.3
-0.1
Statistical discrepancy (I)
na
na
-0.1
na
na
0.1
Gross domestic product
0.5
5.2
0.5
0.6
5.9
0.6

na not available
(a) Includes Public non-financial corporations, Financial corporations, General government and Dwellings owned by persons.



SEPTEMBER QUARTER

Summary Comments

Compensation of employees (COE)
  • Seasonally adjusted COE increased 1.2%, average compensation per employee increased 0.3%.
  • The increase in COE was driven by Professional, Scientific and Technical Services, Construction, Financial and Insurance services and Transport Postal and Warehousing.
  • Private sector COE increased 1.4%.
  • Public sector COE increased 0.8%.

State Compensation of employees
  • All states recorded growth in COE this quarter, South Australia and the Australian Capital Territory were the highest at 2.0% and 1.8% respectively.
  • Through the year COE in Tasmania rose 4.9% and Victoria increased 4.8%, both significantly higher than the Australia level increase of 3.0%. Western Australia had the only decrease through the year falling 1.0%.


STATE COMPENSATION OF EMPLOYEES, Current prices: Seasonally adjusted
Diagram: Graph shows STATE COMPENSATION OF EMPLOYEES, Current prices Seasonally adjusted


Gross operating surplus (GOS)
  • Total GOS increased 1.0% for the September quarter. Private non-financial corporations contributed 1.2%. Offsetting this was public non-financial corporations, decreasing 2.9%.