5232.0 - Australian National Accounts: Financial Accounts, Dec 2012 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/03/2013
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DECEMBER KEY POINTS
CHANGES TO THIS ISSUE
Following ongoing quality assurance work a number of data quality issues have been identified with table 37 - National capital accounts by sector and subsector. This table will be unavailable until further notice. However, capital accounts by sector will continue to be published as part of table 22 - flow of funds matrix.
The investment activity of an other private non financial corporation unit and a national public non financial corporation unit has been confidentialised to maintain the anonymity of the unit which has not yet given approval to publish their investment activity and in the case where they may be identifiable. As a consequence of suppressing estimates directly impacted, it has been necessary to consequentially suppress other series in the affected tables to preserve confidentiality. Statistics published in this issue reflect these changes.
This issue incorporates estimates for Carbon taxes and subsidies. Carbon taxes and subsidies are recorded as accounts receivable and payable of the national general government. The Australian Bureau of Statistics (ABS) released an Information Paper: Recording Emissions Reduction Schemes in ABS statistics (cat. no. 5257.0.55.001) on 30 July 2012. This information paper summarises the nature of measures introduced under the Clean Energy Acts and the Renewable Energy (Electricity) Act 2000, and the associated statistical treatment in economic and environment statistics.
The Central bank, banks, securitisers, long term loans and placements market and bond market tables include estimates for internally securitised paper. Please refer to ABS treatment of internally securitised paper for the treatment of these securities.
REVISIONS IN THIS ISSUE
There have been revisions back to June 2002 to previously published aggregates due to quality assurance work undertaken through review of compilation of the published estimates and through data providers to the ABS Survey of Financial Information, ABS Survey of International Investment and APRA administrative data sets.
Significant amount of quality assurance work was undertaken back to June quarter 2002 on the capital accounts published within the flow of funds matrix (Table 22). As a result there are a number of series breaks in the capital account estimates between March quarter 2002 and June quarter 2002.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Sachind Naidu on Canberra (02) 6252 6417, email <email@example.com>.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Sachind Naidu on Canberra (02) 6252 6417, email <national.accounts@ abs.gov.au>.
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