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8169.0 - Experimental Estimates for Australian Industry adjusted for Off-June Year Reporting, 2008-09 and 2009-10  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/11/2011  First Issue
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This information paper explains how businesses reporting data on a non-standard financial year basis can impact on the estimates published in Australian Industry (cat. no. 8155.0), and describes an experimental methodology designed to measure the impact of this phenomenon on published data. The estimates presented in Australian Industry are derived from the Economic Activity Survey, and generally represent the 12 month period ended 30 June. However, where businesses are unable to provide data on this basis, an alternate, or 'off-June' accounting period is used. As a result, in some instances estimates may reflect trading conditions occurring outside of the published reference year. 'Off-June reporting' is more prevalent in industries with a high degree of foreign ownership, as many countries have different standard accounting periods to Australia. Some local businesses also report for an 'off-June' year for logistical or operational purposes. The resulting experimental estimates in this paper, adjusted for off-June year reporting, are presented by ANZSIC division and subdivision for wages and salaries, total income, total expenses and Industry Value Added, for the reference years 2008-09 and 2009-10.


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