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Business Indicators, Australia

This is not the latest release View the latest release

Quarterly estimates of private sector sales, wages, profits and inventories

Reference period

December 2023

Released

4/03/2024

View all releases

Key statistics

Seasonally adjusted, current price estimates for:

Company gross operating profits rose 7.4%
Wages and salaries rose 0.9%

Seasonally adjusted, chain volume estimate for:

Inventories fell 1.7%

Key data items
			Sep Qtr 23 to Dec Qtr 23 (%)	Dec Qtr 22 to Dec Qtr 23 (%)
Sales of goods and services (Chain volume measures)
	Manufacturing
		Trend	na	na
		Seasonally Adjusted	0.6	1.5
	Wholesale trade
		Trend	na	na
		Seasonally Adjusted	-0.2	-2.3
Inventories (Chain volume measures)
		Trend	na	na
		Seasonally Adjusted	-1.7	-0.6
Company gross operating profits
		Trend	na	na
		Seasonally Adjusted	7.4	-5.4
Wages and salaries
		Seasonally Adjusted	0.9	8.0

na - not available. Trend estimates have been suspended due to the impacts of COVID-19.

Inventories

Chain volume measures, seasonally adjusted estimates
	Quarterly (%)	Year on Year (%)
Dec 2017	0.1	0.9
Mar 2018	0.4	0.2
Jun 2018	0.9	1.7
Sep 2018	0.2	1.7
Dec 2018	-0.5	1.1
Mar 2019	0.9	1.6
Jun 2019	-1.0	-0.4
Sep 2019	-0.1	-0.7
Dec 2019	0.1	-0.1
Mar 2020	-1.3	-2.3
Jun 2020	-3.2	-4.5
Sep 2020	-0.3	-4.7
Dec 2020	0.2	-4.6
Mar 2021	2.4	-1.0
Jun 2021	0.4	2.7
Sep 2021	-1.5	1.4
Dec 2021	1.4	2.6
Mar 2022	3.0	3.2
Jun 2022	0.6	3.4
Sep 2022	3.2	8.4
Dec 2022	0.0	7.0
Mar 2023	1.4	5.3
Jun 2023	-1.4	3.2
Sep 2023	1.2	1.2
Dec 2023	-1.7	-0.6

0.0%

Chain volume measures, seasonally adjusted estimates

["","Quarterly","Year on Year"]

[["Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[0.10000000000000001],[0.40000000000000002],[0.90000000000000002],[0.20000000000000001],[-0.5],[0.90000000000000002],[-1],[-0.10000000000000001],[0.10000000000000001],[-1.3],[-3.2000000000000002],[-0.29999999999999999],[0.20000000000000001],[2.3999999999999999],[0.40000000000000002],[-1.5],[1.3999999999999999],[3],[0.59999999999999998],[3.2000000000000002],[0],[1.3999999999999999],[-1.3999999999999999],[1.2],[-1.7]],[[0.90000000000000002],[0.20000000000000001],[1.7],[1.7],[1.1000000000000001],[1.6000000000000001],[-0.40000000000000002],[-0.69999999999999996],[-0.10000000000000001],[-2.2999999999999998],[-4.5],[-4.7000000000000002],[-4.5999999999999996],[-1],[2.7000000000000002],[1.3999999999999999],[2.6000000000000001],[3.2000000000000002],[3.3999999999999999],[8.4000000000000004],[7],[5.2999999999999998],[3.2000000000000002],[1.2],[-0.59999999999999998]]]

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[{"value":"0","axis_id":"0","axis_title":"Percentage (%)","axis_units":"","tooltip_units":"(%)","table_units":"(%)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Trend estimates have been suspended

Company gross operating profits

Current prices, seasonally adjusted estimates
	Quarterly (%)	Year on Year (%)
Dec 2017	6.5	5.0
Mar 2018	4.4	6.4
Jun 2018	-1.7	10.6
Sep 2018	2.9	12.4
Dec 2018	6.0	11.8
Mar 2019	3.7	11.1
Jun 2019	1.4	14.7
Sep 2019	-0.8	10.6
Dec 2019	-0.4	3.9
Mar 2020	2.6	2.9
Jun 2020	10.8	12.4
Sep 2020	4.4	18.3
Dec 2020	-2.6	15.6
Mar 2021	-0.6	12.0
Jun 2021	3.9	4.9
Sep 2021	4.8	5.3
Dec 2021	5.7	14.3
Mar 2022	8.7	24.9
Jun 2022	6.9	28.6
Sep 2022	-10.6	9.7
Dec 2022	11.5	15.8
Mar 2023	1.2	7.9
Jun 2023	-11.5	-10.7
Sep 2023	-1.6	-1.7
Dec 2023	7.4	-5.4

Current prices, seasonally adjusted estimates

["","Quarterly","Year on Year"]

[["Dec 2017","Mar 2018","Jun 2018","Sep 2018","Dec 2018","Mar 2019","Jun 2019","Sep 2019","Dec 2019","Mar 2020","Jun 2020","Sep 2020","Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[6.5],[4.4000000000000004],[-1.7],[2.8999999999999999],[6],[3.7000000000000002],[1.3999999999999999],[-0.80000000000000004],[-0.40000000000000002],[2.6000000000000001],[10.800000000000001],[4.4000000000000004],[-2.6000000000000001],[-0.59999999999999998],[3.8999999999999999],[4.7999999999999998],[5.7000000000000002],[8.6999999999999993],[6.9000000000000004],[-10.6],[11.5],[1.2],[-11.5],[-1.6000000000000001],[7.4000000000000004]],[[5],[6.4000000000000004],[10.6],[12.4],[11.800000000000001],[11.1],[14.699999999999999],[10.6],[3.8999999999999999],[2.8999999999999999],[12.4],[18.300000000000001],[15.6],[12],[4.9000000000000004],[5.2999999999999998],[14.300000000000001],[24.899999999999999],[28.600000000000001],[9.6999999999999993],[15.800000000000001],[7.9000000000000004],[-10.699999999999999],[-1.7],[-5.4000000000000004]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"Percentage (%)","axis_units":"","tooltip_units":"(%)","table_units":"(%)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

Trend estimates have been suspended

Notes on release

Change to ABS Business Indicators Methodology

The method for calculating aggregate estimates in ABS Business Indicators has changed from the December quarter 2023 publication. In the previous method, known as 'number raised' estimation, survey weights are determined by a business’ chance of selection. Weights are assigned to each business in the survey sample according to the number of businesses in the target population that the surveyed business represents. For example, a business in the survey with a weight of 100 represents 100 businesses in the population.

From December quarter 2023, aggregate estimates are now calculated using a method known as 'composite regression estimation' (CRE). CRE methodology uses ATO BAS sales and wages benchmark information, and a combination of current, previous, and continuing survey samples, to calibrate survey weights to produce more representative estimates than the existing 'number raised' methodology.

This change is being implemented to support the ABS priority to reduce provider burden by making increased use of administrative data. Using the new estimation method means the Business Indicators sample size can be reduced while maintaining quality for key data items (sales, wages, inventories and profits) at the ANZSIC division level.

The sample size will be reduced from around 16,200 businesses to around 12,750 businesses in the March quarter 2024.

There are not expected to be any significant, ongoing impacts on published data because of this change. Data quality will be consistent with previously published standard errors. There will be no revisions from this change as previously published levels and movements will be maintained.

Suspension of trend series

In the March quarter 2020, trend estimates were suspended due to the impacts of Coronavirus (COVID-19). The trend series attempts to measure underlying behaviour in business activity. In the short term, this measurement has been significantly affected by changes to regular patterns in business activity due to the Coronavirus pandemic. Therefore, the publication of trend estimates for this period may provide a misleading view of underlying business activity. With underlying business activity now being less affected by Coronavirus (COVID-19), the ABS will continue to review the trend series with a view to reinstating trend data in the near future.

Comparison between company gross operating profits and gross operating surplus

Valuation changes have had an impact on the value of inventories held by Australian businesses this quarter. An Inventories Valuation Adjustment (IVA) is applied in the calculation of the Gross Operating Surplus of private non-financial corporations (GOS) estimate in the Australian National Accounts. The IVA for the December quarter 2023 is $3,176m which is $4,589m higher than the September quarter 2023 IVA of -$1,413m.

No adjustment is made to the Company Gross Operating Profits (CGOP) estimate in this publication and, as a result, users should exercise caution when comparing CGOP and GOS. It should be noted that there are other differences between the two series. In particular, changes are made to GOS when annual benchmarks are applied, and slightly different seasonal factors apply to the two series. Given this, while CGOP movements are an appropriate indicator for GOS, the two series will not have equivalent seasonally adjusted movements from quarter to quarter.

Analysis by industry

Featured series

The following graphs and commentary refer to seasonally adjusted estimates for sales of goods and services and inventories in volume terms, and wages and salaries and company gross operating profits in current price terms.

Total all industries

Company gross operating profits | Wages and salaries

Total industry, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	147,438	112,535
Mar 2021	150,868	111,885
Jun 2021	153,863	116,199
Sep 2021	152,285	121,742
Dec 2021	155,430	128,625
Mar 2022	158,798	139,755
Jun 2022	164,203	149,433
Sep 2022	168,852	133,542
Dec 2022	173,160	148,966
Mar 2023	176,604	150,726
Jun 2023	180,005	133,463
Sep 2023	185,365	131,285
Dec 2023	186,949	140,963

Total industry, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[147438],[150868],[153863],[152285],[155430],[158798],[164203],[168852],[173160],[176604],[180005],[185365],[186949]],[[112535],[111885],[116199],[121742],[128625],[139755],[149433],[133542],[148966],[150726],[133463],[131285],[140963]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 7.4%
Wages and salaries rose 0.9%

Inventories

Total industry, Chain volume measures (a)
	Seasonally adjusted Inventories ($m)
Dec 2020	188,468
Mar 2021	192,968
Jun 2021	193,745
Sep 2021	190,744
Dec 2021	193,326
Mar 2022	199,143
Jun 2022	200,394
Sep 2022	206,774
Dec 2022	206,805
Mar 2023	209,727
Jun 2023	206,762
Sep 2023	209,305
Dec 2023	205,650

Total industry, Chain volume measures (a)

["","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[188468],[192968],[193745],[190744],[193326],[199143],[200394],[206774],[206805],[209727],[206762],[209305],[205650]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

Total inventories limited to: Accommodation and food services; Electricity, gas, water and waste services; Manufacturing; Mining; Retail trade; Wholesale trade

In chain volume measures, seasonally adjusted:

Inventories fell 1.7%

Mining

Company gross operating profits | Wages and salaries

Mining, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	6,592	41,617
Mar 2021	6,641	47,528
Jun 2021	6,853	53,095
Sep 2021	7,045	58,783
Dec 2021	7,242	57,174
Mar 2022	7,406	70,180
Jun 2022	7,550	80,503
Sep 2022	7,689	67,961
Dec 2022	7,913	76,042
Mar 2023	8,043	74,886
Jun 2023	8,296	59,871
Sep 2023	8,686	55,397
Dec 2023	8,859	64,986

Mining, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[6592],[6641],[6853],[7045],[7242],[7406],[7550],[7689],[7913],[8043],[8296],[8686],[8859]],[[41617],[47528],[53095],[58783],[57174],[70180],[80503],[67961],[76042],[74886],[59871],[55397],[64986]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 17.3%
Wages and salaries rose 2.0%

Sales of goods and services | Inventories

Mining, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Dec 2020	112,374	27,410
Mar 2021	113,771	26,432
Jun 2021	112,306	26,654
Sep 2021	113,462	25,805
Dec 2021	113,010	25,652
Mar 2022	112,216	25,267
Jun 2022	114,158	24,652
Sep 2022	114,064	28,539
Dec 2022	120,026	27,612
Mar 2023	118,871	28,221
Jun 2023	120,529	27,080
Sep 2023	118,320	29,431
Dec 2023	117,114	27,824

Mining, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[112374],[113771],[112306],[113462],[113010],[112216],[114158],[114064],[120026],[118871],[120529],[118320],[117114]],[[27410],[26432],[26654],[25805],[25652],[25267],[24652],[28539],[27612],[28221],[27080],[29431],[27824]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 1.0%
Inventories fell 5.5%

Manufacturing

Company gross operating profits | Wages and salaries

Manufacturing, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	13,845	9,256
Mar 2021	14,143	9,504
Jun 2021	14,282	9,448
Sep 2021	14,172	10,144
Dec 2021	14,387	12,649
Mar 2022	14,570	11,261
Jun 2022	15,137	12,747
Sep 2022	15,272	10,031
Dec 2022	15,326	11,337
Mar 2023	15,523	12,081
Jun 2023	15,626	11,224
Sep 2023	16,009	11,536
Dec 2023	16,147	11,531

Manufacturing, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[13845],[14143],[14282],[14172],[14387],[14570],[15137],[15272],[15326],[15523],[15626],[16009],[16147]],[[9256],[9504],[9448],[10144],[12649],[11261],[12747],[10031],[11337],[12081],[11224],[11536],[11531]]]

[]

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[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits remained relatively unchanged this quarter
Wages and salaries rose 0.9%

Sales of goods and services | Inventories

Manufacturing, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Dec 2020	101,859	52,575
Mar 2021	102,740	52,582
Jun 2021	103,553	53,110
Sep 2021	102,729	53,047
Dec 2021	103,889	54,023
Mar 2022	102,229	56,289
Jun 2022	102,764	58,148
Sep 2022	101,404	58,000
Dec 2022	100,294	58,563
Mar 2023	103,242	58,342
Jun 2023	100,897	58,393
Sep 2023	101,163	58,697
Dec 2023	101,804	58,005

Manufacturing, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[101859],[102740],[103553],[102729],[103889],[102229],[102764],[101404],[100294],[103242],[100897],[101163],[101804]],[[52575],[52582],[53110],[53047],[54023],[56289],[58148],[58000],[58563],[58342],[58393],[58697],[58005]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.6%
Inventories fell 1.2%

Electricity, gas, water and waste services

Company gross operating profits | Wages and salaries

Electricity, gas, water and waste services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	1,534	4,173
Mar 2021	1,503	4,149
Jun 2021	1,551	4,041
Sep 2021	1,590	3,930
Dec 2021	1,599	3,999
Mar 2022	1,648	4,216
Jun 2022	1,630	4,221
Sep 2022	1,637	4,233
Dec 2022	1,685	4,626
Mar 2023	1,736	5,019
Jun 2023	1,811	4,824
Sep 2023	1,819	4,995
Dec 2023	1,882	5,383

Electricity, gas, water and waste services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[1534],[1503],[1551],[1590],[1599],[1648],[1630],[1637],[1685],[1736],[1811],[1819],[1882]],[[4173],[4149],[4041],[3930],[3999],[4216],[4221],[4233],[4626],[5019],[4824],[4995],[5383]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 7.8%
Wages and salaries rose 3.5%

Sales of goods and services | Inventories

Electricity, gas, water and waste services, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Dec 2020	21,584	1,384
Mar 2021	20,782	1,365
Jun 2021	22,660	1,419
Sep 2021	22,558	1,461
Dec 2021	22,244	1,405
Mar 2022	21,777	1,310
Jun 2022	24,367	1,290
Sep 2022	24,453	1,331
Dec 2022	23,726	1,468
Mar 2023	23,127	1,400
Jun 2023	23,828	1,410
Sep 2023	23,346	1,463
Dec 2023	24,085	1,390

Electricity, gas, water and waste services, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[21584],[20782],[22660],[22558],[22244],[21777],[24367],[24453],[23726],[23127],[23828],[23346],[24085]],[[1384],[1365],[1419],[1461],[1405],[1310],[1290],[1331],[1468],[1400],[1410],[1463],[1390]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 3.2%
Inventories fell 4.9%

Construction

Company gross operating profits | Wages and salaries

Construction, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	14,879	6,900
Mar 2021	15,286	6,984
Jun 2021	15,739	6,119
Sep 2021	15,731	6,752
Dec 2021	16,086	7,067
Mar 2022	16,725	7,342
Jun 2022	17,391	6,861
Sep 2022	18,025	6,500
Dec 2022	18,798	6,869
Mar 2023	19,283	7,317
Jun 2023	19,787	7,437
Sep 2023	20,000	8,021
Dec 2023	20,396	7,883

Construction, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[14879],[15286],[15739],[15731],[16086],[16725],[17391],[18025],[18798],[19283],[19787],[20000],[20396]],[[6900],[6984],[6119],[6752],[7067],[7342],[6861],[6500],[6869],[7317],[7437],[8021],[7883]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 1.7%
Wages and salaries rose 2.0%

Sales of goods and services

Construction, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	90,329
Mar 2021	93,660
Jun 2021	96,501
Sep 2021	95,307
Dec 2021	95,435
Mar 2022	96,417
Jun 2022	96,844
Sep 2022	95,690
Dec 2022	95,788
Mar 2023	94,555
Jun 2023	96,268
Sep 2023	97,249
Dec 2023	97,783

Construction, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[90329],[93660],[96501],[95307],[95435],[96417],[96844],[95690],[95788],[94555],[96268],[97249],[97783]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.5%

Wholesale trade

Company gross operating profits | Wages and salaries

Wholesale trade, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	10,120	8,952
Mar 2021	10,417	8,842
Jun 2021	10,513	8,415
Sep 2021	10,486	8,253
Dec 2021	10,627	8,856
Mar 2022	10,935	9,799
Jun 2022	11,147	9,711
Sep 2022	11,474	9,445
Dec 2022	11,669	11,386
Mar 2023	11,801	10,664
Jun 2023	11,954	10,199
Sep 2023	12,116	10,118
Dec 2023	12,240	9,969

Wholesale trade, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[10120],[10417],[10513],[10486],[10627],[10935],[11147],[11474],[11669],[11801],[11954],[12116],[12240]],[[8952],[8842],[8415],[8253],[8856],[9799],[9711],[9445],[11386],[10664],[10199],[10118],[9969]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 1.5%
Wages and salaries rose 1.0%

Sales of goods and services | Inventories

Wholesale trade, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Dec 2020	155,329	66,438
Mar 2021	159,664	68,493
Jun 2021	159,779	68,791
Sep 2021	150,460	66,898
Dec 2021	158,542	68,920
Mar 2022	163,732	70,457
Jun 2022	159,593	70,422
Sep 2022	162,713	71,709
Dec 2022	162,108	72,587
Mar 2023	166,348	74,857
Jun 2023	160,693	73,428
Sep 2023	158,637	73,478
Dec 2023	158,321	72,367

Wholesale trade, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[155329],[159664],[159779],[150460],[158542],[163732],[159593],[162713],[162108],[166348],[160693],[158637],[158321]],[[66438],[68493],[68791],[66898],[68920],[70457],[70422],[71709],[72587],[74857],[73428],[73478],[72367]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 0.2%
Inventories fell 1.5%

Retail trade

Company gross operating profits | Wages and salaries

Retail trade, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	11,866	7,919
Mar 2021	11,742	6,076
Jun 2021	12,258	5,528
Sep 2021	11,616	5,477
Dec 2021	11,760	5,695
Mar 2022	11,985	6,864
Jun 2022	12,508	6,319
Sep 2022	12,917	6,132
Dec 2022	13,342	6,776
Mar 2023	13,486	6,762
Jun 2023	13,787	7,026
Sep 2023	13,952	7,712
Dec 2023	14,053	6,871

Retail trade, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[11866],[11742],[12258],[11616],[11760],[11985],[12508],[12917],[13342],[13486],[13787],[13952],[14053]],[[7919],[6076],[5528],[5477],[5695],[6864],[6319],[6132],[6776],[6762],[7026],[7712],[6871]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 10.9%
Wages and salaries rose 0.7%

Sales of goods and services | Inventories

Retail trade, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Dec 2020	120,002	38,219
Mar 2021	120,302	41,205
Jun 2021	120,822	40,831
Sep 2021	114,438	40,707
Dec 2021	121,208	40,471
Mar 2022	122,446	42,784
Jun 2022	122,687	42,669
Sep 2022	124,469	43,815
Dec 2022	124,352	43,132
Mar 2023	123,410	43,305
Jun 2023	123,730	42,851
Sep 2023	125,709	42,834
Dec 2023	126,480	42,723

Retail trade, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[120002],[120302],[120822],[114438],[121208],[122446],[122687],[124469],[124352],[123410],[123730],[125709],[126480]],[[38219],[41205],[40831],[40707],[40471],[42784],[42669],[43815],[43132],[43305],[42851],[42834],[42723]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.6%
Inventories fell 0.3%

Accommodation and food services

Company gross operating profits | Wages and salaries

Accommodation and food services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	5,725	3,048
Mar 2021	5,917	1,814
Jun 2021	6,109	1,540
Sep 2021	4,697	1,329
Dec 2021	5,463	1,205
Mar 2022	5,634	684
Jun 2022	6,362	1,013
Sep 2022	6,853	1,565
Dec 2022	7,317	1,829
Mar 2023	7,420	1,580
Jun 2023	7,242	1,458
Sep 2023	7,755	1,618
Dec 2023	7,791	1,583

Accommodation and food services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[5725],[5917],[6109],[4697],[5463],[5634],[6362],[6853],[7317],[7420],[7242],[7755],[7791]],[[3048],[1814],[1540],[1329],[1205],[684],[1013],[1565],[1829],[1580],[1458],[1618],[1583]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 2.2%
Wages and salaries rose 0.5%

Sales of goods and services | Inventories

Accommodation and food services, Chain volume measures
	Seasonally adjusted Sales ($m)	Seasonally adjusted Inventories ($m)
Dec 2020	24,780	1,526
Mar 2021	25,642	1,547
Jun 2021	26,453	1,607
Sep 2021	19,917	1,649
Dec 2021	25,112	1,703
Mar 2022	25,524	1,744
Jun 2022	28,516	1,852
Sep 2022	29,409	1,925
Dec 2022	30,214	1,971
Mar 2023	30,398	2,122
Jun 2023	30,509	2,039
Sep 2023	30,960	1,999
Dec 2023	29,979	1,926

Accommodation and food services, Chain volume measures

["","Seasonally adjusted Sales","Seasonally adjusted Inventories"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[24780],[25642],[26453],[19917],[25112],[25524],[28516],[29409],[30214],[30398],[30509],[30960],[29979]],[[1526],[1547],[1607],[1649],[1703],[1744],[1852],[1925],[1971],[2122],[2039],[1999],[1926]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 3.2%
Inventories fell 3.6%

Transport, postal and warehousing

Company gross operating profits | Wages and salaries

Transport, postal and warehousing, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	7,160	5,103
Mar 2021	7,335	5,087
Jun 2021	7,394	5,140
Sep 2021	7,326	4,476
Dec 2021	7,302	5,896
Mar 2022	7,541	6,462
Jun 2022	8,046	7,051
Sep 2022	8,381	7,496
Dec 2022	8,737	8,031
Mar 2023	8,922	8,787
Jun 2023	8,977	7,861
Sep 2023	9,395	7,829
Dec 2023	9,495	8,227

Transport, postal and warehousing, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[7160],[7335],[7394],[7326],[7302],[7541],[8046],[8381],[8737],[8922],[8977],[9395],[9495]],[[5103],[5087],[5140],[4476],[5896],[6462],[7051],[7496],[8031],[8787],[7861],[7829],[8227]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 5.1%
Wages and salaries rose 1.1%

Sales of goods and services

Transport, postal and warehousing, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	33,055
Mar 2021	35,670
Jun 2021	36,586
Sep 2021	34,302
Dec 2021	35,439
Mar 2022	38,090
Jun 2022	39,837
Sep 2022	40,618
Dec 2022	40,554
Mar 2023	41,493
Jun 2023	42,574
Sep 2023	43,062
Dec 2023	43,529

Transport, postal and warehousing, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[33055],[35670],[36586],[34302],[35439],[38090],[39837],[40618],[40554],[41493],[42574],[43062],[43529]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 1.1%

Information media and telecommunications

Company gross operating profits | Wages and salaries

Information media and telecommunications, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	3,243	5,110
Mar 2021	3,262	4,282
Jun 2021	3,306	4,321
Sep 2021	3,277	4,326
Dec 2021	3,447	4,728
Mar 2022	3,760	4,845
Jun 2022	3,986	4,453
Sep 2022	4,101	4,253
Dec 2022	4,177	4,460
Mar 2023	4,210	4,503
Jun 2023	4,395	4,553
Sep 2023	4,787	4,480
Dec 2023	4,613	4,455

Information media and telecommunications, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[3243],[3262],[3306],[3277],[3447],[3760],[3986],[4101],[4177],[4210],[4395],[4787],[4613]],[[5110],[4282],[4321],[4326],[4728],[4845],[4453],[4253],[4460],[4503],[4553],[4480],[4455]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 0.6%
Wages and salaries fell 3.6%

Sales of goods and services

Information media and telecommunications, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	18,814
Mar 2021	18,616
Jun 2021	18,939
Sep 2021	19,231
Dec 2021	20,858
Mar 2022	21,621
Jun 2022	22,239
Sep 2022	22,873
Dec 2022	23,446
Mar 2023	23,768
Jun 2023	24,096
Sep 2023	24,753
Dec 2023	24,760

Information media and telecommunications, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[18814],[18616],[18939],[19231],[20858],[21621],[22239],[22873],[23446],[23768],[24096],[24753],[24760]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services remained relatively unchanged this quarter

Financial and insurance services

Company gross operating profits | Wages and salaries

Financial and insurance services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	11,126	913
Mar 2021	11,506	862
Jun 2021	11,768	1,059
Sep 2021	12,152	997
Dec 2021	11,971	2,138
Mar 2022	11,960	1,559
Jun 2022	12,052	834
Sep 2022	12,263	597
Dec 2022	12,823	612
Mar 2023	13,183	813
Jun 2023	13,571	1,055
Sep 2023	13,717	1,073
Dec 2023	13,313	1,475

Financial and insurance services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[11126],[11506],[11768],[12152],[11971],[11960],[12052],[12263],[12823],[13183],[13571],[13717],[13313]],[[913],[862],[1059],[997],[2138],[1559],[834],[597],[612],[813],[1055],[1073],[1475]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 37.5%
Wages and salaries fell 2.9%

Sales of goods and services

Financial and insurance services, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	15,716
Mar 2021	16,833
Jun 2021	16,515
Sep 2021	17,615
Dec 2021	19,334
Mar 2022	17,491
Jun 2022	16,870
Sep 2022	16,709
Dec 2022	16,707
Mar 2023	15,841
Jun 2023	15,732
Sep 2023	15,917
Dec 2023	16,242

Financial and insurance services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[15716],[16833],[16515],[17615],[19334],[17491],[16870],[16709],[16707],[15841],[15732],[15917],[16242]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 2.0%

Rental, hiring and real estate services

Company gross operating profits | Wages and salaries

Rental, hiring and real estate services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	3,805	6,179
Mar 2021	4,067	6,091
Jun 2021	4,243	5,851
Sep 2021	4,158	5,679
Dec 2021	4,255	7,381
Mar 2022	4,194	7,011
Jun 2022	4,260	6,402
Sep 2022	4,336	5,963
Dec 2022	4,325	5,651
Mar 2023	4,301	6,203
Jun 2023	4,502	5,717
Sep 2023	4,619	6,086
Dec 2023	4,580	6,147

Rental, hiring and real estate services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[3805],[4067],[4243],[4158],[4255],[4194],[4260],[4336],[4325],[4301],[4502],[4619],[4580]],[[6179],[6091],[5851],[5679],[7381],[7011],[6402],[5963],[5651],[6203],[5717],[6086],[6147]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 1.0%
Wages and salaries fell 0.8%

Sales of goods and services

Rental, hiring and real estate services, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	25,853
Mar 2021	27,643
Jun 2021	27,951
Sep 2021	27,607
Dec 2021	28,328
Mar 2022	28,133
Jun 2022	28,234
Sep 2022	28,099
Dec 2022	28,504
Mar 2023	28,460
Jun 2023	29,238
Sep 2023	29,411
Dec 2023	29,149

Rental, hiring and real estate services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[25853],[27643],[27951],[27607],[28328],[28133],[28234],[28099],[28504],[28460],[29238],[29411],[29149]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 0.9%

Professional, scientific and technical services

Company gross operating profits | Wages and salaries

Professional, scientific and technical services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	19,659	6,558
Mar 2021	20,279	6,283
Jun 2021	20,458	6,694
Sep 2021	21,004	7,248
Dec 2021	21,445	7,630
Mar 2022	21,745	5,291
Jun 2022	22,200	5,239
Sep 2022	23,014	5,903
Dec 2022	23,463	6,794
Mar 2023	23,889	7,345
Jun 2023	24,512	6,856
Sep 2023	24,910	6,924
Dec 2023	25,130	7,108

Professional, scientific and technical services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[19659],[20279],[20458],[21004],[21445],[21745],[22200],[23014],[23463],[23889],[24512],[24910],[25130]],[[6558],[6283],[6694],[7248],[7630],[5291],[5239],[5903],[6794],[7345],[6856],[6924],[7108]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 2.7%
Wages and salaries rose 0.9%

Sales of goods and services

Professional, scientific and technical services, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	58,056
Mar 2021	58,499
Jun 2021	58,664
Sep 2021	58,145
Dec 2021	60,689
Mar 2022	62,442
Jun 2022	62,972
Sep 2022	63,859
Dec 2022	62,838
Mar 2023	62,366
Jun 2023	62,483
Sep 2023	63,000
Dec 2023	63,664

Professional, scientific and technical services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[58056],[58499],[58664],[58145],[60689],[62442],[62972],[63859],[62838],[62366],[62483],[63000],[63664]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 1.1%

Administrative and support services

Company gross operating profits | Wages and salaries

Administrative and support services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	11,059	2,180
Mar 2021	11,134	1,857
Jun 2021	11,545	2,083
Sep 2021	11,846	1,578
Dec 2021	11,971	1,367
Mar 2022	12,098	1,184
Jun 2022	12,351	1,149
Sep 2022	12,549	1,137
Dec 2022	12,906	1,434
Mar 2023	13,106	1,529
Jun 2023	13,167	2,019
Sep 2023	13,548	2,010
Dec 2023	13,636	2,013

Administrative and support services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[11059],[11134],[11545],[11846],[11971],[12098],[12351],[12549],[12906],[13106],[13167],[13548],[13636]],[[2180],[1857],[2083],[1578],[1367],[1184],[1149],[1137],[1434],[1529],[2019],[2010],[2013]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits rose 0.2%
Wages and salaries rose 0.6%

Sales of goods and services

Administrative and support services, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	20,938
Mar 2021	21,428
Jun 2021	22,611
Sep 2021	22,384
Dec 2021	23,697
Mar 2022	23,970
Jun 2022	24,102
Sep 2022	24,643
Dec 2022	25,291
Mar 2023	25,042
Jun 2023	25,495
Sep 2023	25,130
Dec 2023	25,314

Administrative and support services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[20938],[21428],[22611],[22384],[23697],[23970],[24102],[24643],[25291],[25042],[25495],[25130],[25314]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.7%

Education and training

Education and training, Current prices
	Seasonally adjusted Wages ($m)
Dec 2020	5,103
Mar 2021	5,119
Jun 2021	5,141
Sep 2021	4,991
Dec 2021	5,077
Mar 2022	5,180
Jun 2022	5,344
Sep 2022	5,534
Dec 2022	5,524
Mar 2023	5,925
Jun 2023	6,100
Sep 2023	6,222
Dec 2023	6,362

Health care and social assistance

Health care and social assistance, Current prices
	Seasonally adjusted Wages ($m)
Dec 2020	15,530
Mar 2021	16,073
Jun 2021	16,140
Sep 2021	16,331
Dec 2021	16,388
Mar 2022	16,731
Jun 2022	17,254
Sep 2022	17,608
Dec 2022	17,868
Mar 2023	18,346
Jun 2023	18,634
Sep 2023	19,795
Dec 2023	20,328

Arts and recreation services

Company gross operating profits | Wages and salaries

Arts and recreation services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	1,575	1,983
Mar 2021	1,693	1,248
Jun 2021	1,725	1,096
Sep 2021	1,385	1,117
Dec 2021	1,608	1,107
Mar 2022	1,752	1,051
Jun 2022	1,857	1,011
Sep 2022	1,926	776
Dec 2022	2,002	920
Mar 2023	2,049	850
Jun 2023	2,118	883
Sep 2023	2,286	945
Dec 2023	2,276	920

Arts and recreation services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[1575],[1693],[1725],[1385],[1608],[1752],[1857],[1926],[2002],[2049],[2118],[2286],[2276]],[[1983],[1248],[1096],[1117],[1107],[1051],[1011],[776],[920],[850],[883],[945],[920]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 2.6%
Wages and salaries fell 0.4%

Sales of goods and services

Arts and recreation services, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	7,661
Mar 2021	8,335
Jun 2021	8,246
Sep 2021	7,500
Dec 2021	8,521
Mar 2022	9,163
Jun 2022	9,621
Sep 2022	9,441
Dec 2022	9,766
Mar 2023	9,576
Jun 2023	9,629
Sep 2023	9,908
Dec 2023	9,742

Arts and recreation services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[7661],[8335],[8246],[7500],[8521],[9163],[9621],[9441],[9766],[9576],[9629],[9908],[9742]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services fell 1.7%

Other services

Company gross operating profits | Wages and salaries

Other services, Current prices
	Seasonally adjusted Wages ($m)	Seasonally adjusted CGOP ($m)
Dec 2020	4,617	2,644
Mar 2021	4,751	1,276
Jun 2021	4,841	1,771
Sep 2021	4,481	1,652
Dec 2021	4,800	1,734
Mar 2022	4,935	2,007
Jun 2022	5,128	1,920
Sep 2022	5,271	1,551
Dec 2022	5,282	2,199
Mar 2023	5,381	2,388
Jun 2023	5,525	2,480
Sep 2023	5,748	2,542
Dec 2023	5,849	2,412

Other services, Current prices

["","Seasonally adjusted Wages","Seasonally adjusted CGOP"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[4617],[4751],[4841],[4481],[4800],[4935],[5128],[5271],[5282],[5381],[5525],[5748],[5849]],[[2644],[1276],[1771],[1652],[1734],[2007],[1920],[1551],[2199],[2388],[2480],[2542],[2412]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In current prices, seasonally adjusted:

Company gross operating profits fell 5.1%
Wages and salaries rose 1.7%

Sales of goods and services

Other services, Chain volume measures
	Seasonally adjusted Sales ($m)
Dec 2020	14,129
Mar 2021	15,001
Jun 2021	15,331
Sep 2021	13,391
Dec 2021	15,473
Mar 2022	15,420
Jun 2022	15,654
Sep 2022	15,670
Dec 2022	16,070
Mar 2023	16,268
Jun 2023	16,856
Sep 2023	16,865
Dec 2023	16,925

Other services, Chain volume measures

["","Seasonally adjusted Sales"]

[["Dec 2020","Mar 2021","Jun 2021","Sep 2021","Dec 2021","Mar 2022","Jun 2022","Sep 2022","Dec 2022","Mar 2023","Jun 2023","Sep 2023","Dec 2023"],[[14129],[15001],[15331],[13391],[15473],[15420],[15654],[15670],[16070],[16268],[16856],[16865],[16925]]]

[]

[{"axis_id":"0","tick_interval":"4","axis_min":"","axis_max":"","axis_title":"","precision":-1,"axis_units":"","tooltip_units":"","table_units":"","data_unit_prefix":"","data_unit_suffix":"","reverse_axis":false}]

[{"value":"0","axis_id":"0","axis_title":"$m","axis_units":"","tooltip_units":"(m)","table_units":"($m)","axis_min":null,"axis_max":null,"tick_interval":null,"precision":"-1","data_unit_prefix":"$","data_unit_suffix":"","reverse_axis":false}]

In chain volume measures, seasonally adjusted:

Sales of goods and services rose 0.4%

Data downloads

Download all (1.74 MB)

Time series spreadsheets

Data files

Table 1. Inventories, chain volume measures
Download xlsx [74.11 KB]
Table 2. Inventories, chain volume measures, percentage change from previous quarter
Download xlsx [70.11 KB]
Table 3. Inventories, current prices
Download xlsx [74.16 KB]
Table 4. Income from sales of goods and services, chain volume measures
Download xlsx [93.83 KB]
Table 5. Income from sales of goods and services, chain volume measures, percentage change from previous quarter
Download xlsx [86.5 KB]
Table 6. Income from sales of goods and services, current prices
Download xlsx [95.5 KB]
Table 7. Income from sales of goods and services by state, current prices
Download xlsx [68.86 KB]
Table 8. Income from sales of goods and services by state, current prices, percentage change from previous quarter
Download xlsx [65.06 KB]
Table 9. Company profits before income tax, current prices
Download xlsx [115.39 KB]
Table 10. Company profits before income tax, current prices, percentage change from previous quarter
Download xlsx [106.13 KB]
Table 11. Company gross operating profits, current prices
Download xlsx [105.05 KB]
Table 12. Company gross operating profits, current prices, percentage change from previous quarter
Download xlsx [94.72 KB]
Table 13. Unincorporated gross operating profits, current prices
Download xlsx [113.36 KB]
Table 14. Unincorporated gross operating profits, current prices, percentage change from previous quarter
Download xlsx [86.91 KB]
Table 15. Business gross operating profits, current prices
Download xlsx [100.39 KB]
Table 16. Business gross operating profits, current prices, percentage change from previous quarter
Download xlsx [90.47 KB]
Table 17. Wages and salaries, current prices
Download xlsx [95.64 KB]
Table 18. Wages and salaries, current prices, percentage change from the previous quarter
Download xlsx [89.14 KB]
Table 19. Wages and salaries by state, current prices
Download xlsx [71.38 KB]
Table 20. Wages and salaries by state, current prices, percentage change from previous quarter
Download xlsx [67.75 KB]
Table 21. Sales/wages and salaries ratio, current prices, original
Download xlsx [56.47 KB]
Table 22. Business gross operating profits/sales ratio, current prices, original
Download xlsx [55.47 KB]
Table 23. Inventories/sales ratio, current prices, original
Download xlsx [50.79 KB]

Data Explorer datasets

Caution: Data in Data Explorer is currently released after the 11:30am release on the ABS website. Please check the reference period when using Data Explorer.

Business Indicators - Quarterly estimates of private sector sales, wages, profits and inventories

Previous catalogue number

This release previously used catalogue number 5676.0.

Methodology

Business Indicators, Australia methodology, December 2023

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APA

Business Indicators, Australia

APA

Key statistics

Inventories

Company gross operating profits

Notes on release

Change to ABS Business Indicators Methodology

Suspension of trend series

Comparison between company gross operating profits and gross operating surplus

Analysis by industry

​​​​​​​Featured series

Total all industries

Company gross operating profits | Wages and salaries

Inventories

Mining

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Manufacturing

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Electricity, gas, water and waste services

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Construction

Company gross operating profits | Wages and salaries

Sales of goods and services

Wholesale trade

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Retail trade

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Accommodation and food services

Company gross operating profits | Wages and salaries

Sales of goods and services | Inventories

Transport, postal and warehousing

Company gross operating profits | Wages and salaries

Sales of goods and services

Information media and telecommunications

Company gross operating profits | Wages and salaries

Sales of goods and services

Financial and insurance services

Company gross operating profits | Wages and salaries

Sales of goods and services

Rental, hiring and real estate services

Company gross operating profits | Wages and salaries

Sales of goods and services

Professional, scientific and technical services

Company gross operating profits | Wages and salaries

Sales of goods and services

Administrative and support services

Company gross operating profits | Wages and salaries

Sales of goods and services

Education and training

Wages and salaries

Health care and social assistance

Wages and salaries

Arts and recreation services

Company gross operating profits | Wages and salaries

Sales of goods and services

Other services

Company gross operating profits | Wages and salaries

Sales of goods and services

Data downloads

Time series spreadsheets

Table 1. Inventories, chain volume measures

Table 2. Inventories, chain volume measures, percentage change from previous quarter

Table 3. Inventories, current prices

Table 4. Income from sales of goods and services, chain volume measures

Table 5. Income from sales of goods and services, chain volume measures, percentage change from previous quarter

Table 6. Income from sales of goods and services, current prices

Table 7. Income from sales of goods and services by state, current prices

Table 8. Income from sales of goods and services by state, current prices, percentage change from previous quarter

Table 9. Company profits before income tax, current prices

Table 10. Company profits before income tax, current prices, percentage change from previous quarter

Table 11. Company gross operating profits, current prices

Table 12. Company gross operating profits, current prices, percentage change from previous quarter

Table 13. Unincorporated gross operating profits, current prices

Table 14. Unincorporated gross operating profits, current prices, percentage change from previous quarter

Featured series