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6457.0 - International Trade Price Indexes, Australia, Mar 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 17/04/2009   
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APPENDIX IMPLEMENTATION OF ANZSIC 2006


INTRODUCTION

This appendix provides users of the international trade price indexes with details on the implementation of the new Australian and New Zealand Standard Industrial Classification (ANZSIC 2006). The international trade price indexes will be released on the new basis from the September quarter 2009 onwards. The changes to the ANZSIC classification and how the indexes are affected by these changes are outlined below. Correspondence tables showing the relationship between the old (ANZSIC 1993) and new (ANZSIC 2006) classifications are available via the 'Downloads' tab of this publication on the ABS website <http://www.abs.gov.au>.


ANZSIC 2006 DEVELOPMENT

In 2002, the ABS and Statistics New Zealand commenced a review to maintain currency and relevance of ANZSIC. Since the release of the original classification in 1993 there had been significant changes in the structure, composition and organisation of industrial and business activities in both Australia and New Zealand. The review found that new materials, technologies and production techniques had been adopted which affected the way industry and businesses operate, as well as the emergence of new industries which needed to be included in the classification. The 2006 edition of the ANZSIC classification (cat. no. 1292.0) was released in February 2006, including correspondence tables which are available free of charge from the ABS website, titled Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006 - Correspondence Tables, 2008 (cat. no. 1292.0.55.005).


HOW INTERNATIONAL TRADE PRICE INDEXES WILL BE AFFECTED

As a result of the classification changes, some existing series will no longer be available. Some series will continue, but with a name or industry label change only. Some series will continue with a name change and change to the composition of the activities contributing to that index, but these changes are not considered to be material. Some new series will be created with historical data available back to September quarter 2001, using relevant components from the ANZSIC 1993 series. Some of the more significant changes are itemised below. Details of all the changes can be found on the ABS website where correspondences between the old (ANZSIC 1993) and new (ANZSIC 2006) classifications are available. Correspondence tables showing the relationship between the old (ANZSIC 1993) and new (ANZSIC 2006) classifications are available via the 'Downloads' tab of this publication on the ABS website <http://www.abs.gov.au>.

The currently published Import Price Index series Mining n.e.c. (ANZSIC 1993 group 142) will be discontinued from the September quarter 2009 onwards as it will no longer be available at the ANZSIC group level. Mining data will continue to be available at the ANZSIC subdivision level under ANZSIC 2006, i.e. subdivision 06 Coal mining, and subdivision 08 Metal ore mining, and at the Division level i.e. Division B Mining.

The currently published Import Price Index series Textiles (ANZSIC 1993 groups 221-222) and Clothing, footwear and leather (ANZSIC 1993 groups 223-226) will be discontinued as these series will no longer be available at the group level. These series will be combined and made available at the subdivision level under ANZSIC 2006, i.e. subdivision 13 Textiles, leather, clothing and footwear manufacturing.

The currently published Import Price Index and Export Price Index series Food, beverages and tobacco (ANZSIC 1993 subdivision 21) will be discontinued. Under ANZSIC 2006 there will be two new series: Food product manufacturing (new subdivision 11); and Beverage and tobacco product manufacturing (new subdivision 12).

The currently published Import Price Index series Printing, publishing and recorded media (ANZSIC 1993 groups 241-243) will be discontinued. Under ANZSIC 2006 this series will no longer be available as part of ANZSIC 2006 Manufacturing (division C).


FURTHER INFORMATION

An Information Paper will be released towards the middle of 2009 which will include key information on the new index structures, their weighting patterns and further details of the implementation. The areas impacted by the ANZSIC 2006 changes will be detailed, and the proposed table format under an ANZSIC 2006 classification will be provided, as well as time series identifiers for the new and changed series.


WHO TO CONTACT REGARDING THESE ANZSIC 2006 CHANGES

Queries regarding the impact on the international trade price indexes of the implementation of ANZSIC 2006 can be directed to Christine McLaughlin, Director, Producer Price Indexes Section, by e-mail to christine.mclaughlin@abs.gov.au, facsimile on (02) 6252 7060, mail to Locked Bag 10, Belconnen, ACT 2616, or (02) 6252 6252.


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