5206.0 - Australian National Accounts: National Income, Expenditure and Product, Jun 2017 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2017   
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MAIN FEATURES INCOME AT CURRENT PRICES

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

Compensation of employees
0.5
1.6
0.2
0.7
2.1
0.3
Gross operating surplus
Private non-financial corporations
3.4
27.9
0.6
-4.3
21.6
-0.8
Other(a)
1.3
4.4
0.2
1.4
4.6
0.2
Gross mixed income
1.3
8.7
0.1
-0.3
4.7
-
Taxes less subsidies on production and imports
2.5
5.2
0.2
3.0
3.9
0.3
Statistical discrepancy (I)
na
na
-
na
na
-0.2
Gross domestic product
1.5
7.6
1.5
-0.1
6.3
-0.1

- nil or rounded to zero (including null cells)
na not available
(a) Includes Public non-financial corporations, Financial corporations, General government and Dwellings owned by persons.



JUNE QUARTER

Summary Comments

Compensation of employees (COE)

Seasonally adjusted COE increased 0.7%, average compensation per employee decreased 0.1%.
  • The increase in COE was driven by Professional, Scientific and Technical Services, and Health Care and Social Assistance.
  • Private sector COE increased 0.8%.
  • Public sector COE increased 0.4%.

State Compensation of employees

All states recorded growth in COE except for the Australian Capital Territory and Queensland.
  • Through the year COE in Victoria rose 5.9% while New South Wales increased 2.4%, both higher than the Australia level increase of 2.1%. Western Australia had the largest decrease through the year falling 2.4%.

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

Gross operating surplus (GOS)
  • Total GOS decreased 1.6% for the June quarter. Private non-financial corporations was the main contributor decreasing 4.3%. Offsetting this was Financial Corporations, increasing 2.2%.