MAIN FEATURES INCOME AT CURRENT PRICES
| | Trend | Seasonally adjusted | |
| | % change Jun 08 to Sep 08 | % change Sep 07 to Sep 08 | % points contribution to growth in GDP Jun 08 to Sep 08 | % change Jun 08 to Sep 08 | % change Sep 07 to Sep 08 | % points contribution to growth in GDP Jun 08 to Sep 08 | |
| |
Compensation of employees | 2.0 | 7.3 | 0.9 | 2.2 | 7.4 | 1.0 | |
Gross operating surplus | | | | | | | |
| Private | np | np | np | 4.7 | 24.3 | 1.0 | |
| Other | np | np | np | -0.5 | 8.0 | -0.1 | |
Gross mixed income | 0.5 | 0.4 | - | 3.4 | 1.4 | 0.3 | |
Taxes less subsidies on production and imports | -0.8 | 0.8 | -0.1 | 1.5 | 1.5 | 0.2 | |
Statistical discrepancy (I) | . . | . . | 0.2 | . . | . . | 0.2 | |
Gross domestic product | 2.7 | 10.3 | 2.7 | 2.5 | 10.4 | 2.5 | |
| |
. . not applicable |
- nil or rounded to zero (including null cells) |
np not available for publication but included in totals where applicable, unless otherwise indicated |
SEPTEMBER QUARTER
Summary Comments
Compensation of employees (COE)
- The trend increase of 2.0% reflected a rise of 1.6% in average earnings and a 0.4% rise in the number of wage & salary earners. Seasonally adjusted, COE grew by 2.2%, reflecting growth in average earnings of 1.7% and in the number of wage and salary earners of 0.4%. Seasonally adjusted, COE represented 52.3% of Total factor income
Wages (a) share of total factor income
Gross operating surplus (GOS)
- Trend GOS of corporations increased by 5.2%, and in seasonally adjusted terms increased by 3.0%. Seasonally adjusted, GOS of corporations represents 28% of Total factor income. This continues the high share of total factor income seen in this series in recent periods, driven by large profits in the mining industry.
Profit (a) share of total factor income