Labour Costs |
|  |
| | Average earnings (national account basis) (dollars per week)(a) | | Indexes of average unit labour costs(b) | |
| Period | Nominal | Real(c) | Hourly labour costs index(b)(d) | Private non-farm corporate sector (real)(e) | Non-farm sector (real)(f) | Non-farm sector (nominal)(g) | |
Annual average | |
| |
| 2005-06 | 1 008 | 1 042 | 96.3 | 100.8 | 101.3 | 96.9 | |
| 2006-07 | 1 053 | 1 055 | 100.0 | 100.0 | 100.0 | 100.0 | |
| 2007-08 | 1 102 | 1 069 | 103.7 | 99.3 | 99.5 | 103.9 | |
Quarterly | |
| |
| 2006-2007 | | | | | | | |
| September | 1 029 | 1 041 | 98.9 | 100.5 | 100.1 | 98.7 | |
| December | 1 047 | 1 052 | 98.5 | 98.9 | 99.6 | 98.9 | |
| March | 1 057 | 1 056 | 100.3 | 99.9 | 100.1 | 100.4 | |
| June | 1 080 | 1 071 | 102.3 | 100.7 | 100.2 | 101.9 | |
| 2007-2008 | | | | | | | |
| September | 1 089 | 1 071 | 103.0 | 101.0 | 100.4 | 102.4 | |
| December | 1 094 | 1 065 | 100.9 | 98.0 | 99.4 | 102.0 | |
| March | 1 103 | 1 064 | 104.3 | 99.7 | 100.2 | 104.9 | |
| June | 1 122 | 1 074 | 106.6 | 98.6 | 97.9 | 106.1 | |
| 2008-2009 | | | | | | | |
| September | 1 141 | 1 080 | 108.8 | 98.3 | 97.4 | 108.2 | |
| |
| (a) Average non-farm wages, salaries and supplements per wage and salary earner. Seasonally adjusted data. |
| (b) Base for index: 2006-07 = 100.0. |
| (c) Deflated by the Gross National Expenditure deflator. |
| (d) Non-farm wages, salaries and supplements, plus payroll tax less employment subsidies plus fringe benefits tax per hours worked by non-farm wage and salary earners. |
| (e) Ratio of derived private non-farm corporate wages, salaries and supplements plus payroll tax less employment subsidies, plus fringe benefits tax paid by the private non-farm corporate sector to derived private non-farm corporate sector gross product at factor cost plus payroll tax less employment subsidies plus fringe benefits tax. |
| (f) Nominal unit labour costs (see footnote (g) deflated by the derived implicity price deflator for gross non-farm product. |
| (g) Ratio of nominal hourly labour costs to average hourly labour productivity (real gross non-farm product per hour worked by all employed persons). |
| Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0) |
