5232.0 - Australian National Accounts: Financial Accounts, Dec 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/03/2009
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DECEMBER KEY POINTS
CHANGES TO THIS ISSUE
Please refer to the note titled 'ABS treatment of internally securitised paper' on page 6.
The global financial crisis has caused changes in the structure and behaviour of financial markets. Sudden shifts in structural relationships which have existed for some time mean that data supplied by businesses to the ABS and ABS editing and compilation practices may not reflect the impact of these changes fully and in a timely manner. The ABS is working with providers and reviewing and updating, where needed, a range of methods relating to the collection and compilation of financial sector output, income, transactions, positions and prices. This process is likely to lead to revisions in future releases.
There were no significant privatisations impacting the aggregates this quarter.
REVISIONS IN THIS ISSUE
There have been revisions back to December quarter 2006 to previously published aggregates due to quality assurance work undertaken with data providers to the ABS Survey of Financial Information, ABS Survey of International Investment and APRA administrative data sets.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Amanda Seneviratne on Canberra (02) 6252 5338.
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