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5249.0.55.003 - Implementation of revised international statistical standards in the Australian Tourism Satellite Account, Apr 2010  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 28/04/2010  First Issue
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INTRODUCTION


The Australian Bureau of Statistics (ABS) compiles the Australian Tourism Satellite Account (TSA) in accordance with international standards and related classifications. The international TSA standard, the Tourism Satellite Account: Recommended Methodological Framework 2008 (TSA:RMF 2008), was updated recently in parallel with the international standards for national and international accounts. Related classifications have also been updated, in particular the Australian and New Zealand Standard Industrial Classification (ANZSIC06).

This paper focuses on the product - Australian National Accounts: Tourism Satellite Account (cat. no. 5249.0) and describes:

  • indicative impacts arising from the implementation of the new international TSA standard and from other major revisions arising from the latest benchmark process that will be incorporated in the upcoming issue of the Australian TSA
  • the impact of the new standard and related classifications on the presentation of statistics in the product.

The indicative impacts presented in this information paper are calculated using results from the 2007-08 issue of the Australian TSA, and therefore provide only a preliminary indication of the magnitude of changes to selected series. These estimates will change for the upcoming 2008-09 issue of the Australian TSA with the incorporation of revisions arising from the 2006-07 benchmark process, revisions to input series and changes to other TSA methods.

The first issue of Australian National Accounts: Tourism Satellite Account (cat. no. 5249.0) to incorporate these changes will be 2008-09, scheduled for release on Friday 4 June 2010.

Further explanation of the key changes to the Australian TSA as a result of implementing the new international and related standards were covered in the previous information paper, Introduction of revised international statistical standards in the Australian Tourism Satellite Account (cat no. 5249.0.55.002) released on 10 November 2009.


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