Table 29 National income account, current prices - annual intervals

Table 29

National income account, current prices - annual intervals

	2000-01	2001-02	2002-03	2003-04	2004-05
	$m	$m	$m	$m	$m
INCOME
Compensation of employees	339 301	356 097	377 268	398 662	425 934
Gross operating surplus	210 199	225 841	242 162	263 623	287 240
Gross mixed income	59 088	69 645	70 698	76 849	77 544
Taxes less subsidies on production and imports	80 750	84 204	92 671	99 117	103 280
Net primary income from non-residents	-18 737	-19 667	-22 491	-23 734	-32 673
Gross national income	670 601	716 120	760 308	814 517	861 325
Net secondary income from non-residents	32	-17	-214	-269	-420
Gross disposable income	670 633	716 103	760 094	814 248	860 905
USE OF DISPOSABLE INCOME
Final consumption expenditure
General government	125 264	132 301	141 564	150 329	162 888
Households	411 022	434 552	462 093	493 287	522 815
Total final consumption expenditure	536 286	566 853	603 657	643 616	685 703
Net saving(a)	26 709	33 456	34 408	42 383	40 431
Consumption of fixed capital	107 638	115 794	122 029	128 249	134 771
Total use of gross disposable income	670 633	716 103	760 094	814 248	860 905

(a) Net saving is derived as a balancing item.

Consumer Price Index (CPI)

99. The CPI in 2005-06 was 151.7. In 2004-05 CPI was 147.0 and in 2003-04 it was 143.5.

External liabilities - foreign debt

100. In recent years, Australia’s debt to the rest of the world has increased. Real net foreign debt grew on average by 7.6 per cent per year between March 1996 and March 2006 (see table below). The level of net foreign debt at 31 March 2006 was $493.5 billion, up $69.5 billion (16.4 per cent) on 31 March 2005. The increase since March 1996 resulted from a $115.8 billion (16.7 per cent) increase in foreign debt liabilities, partly offset by an increase of $46.2 billion (17.1 per cent) in foreign debt assets.

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