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ABS Decommissions the ANZSPC as a Statistical Standard for Products
Furthermore, consultation with Statistics New Zealand revealed that the adoption of ANZSPC throughout New Zealand has also been nominal, therefore decommissioning the ANZSPC is seen as a logical and practical approach by Statistics New Zealand.
The ABS plans to adopt the international CPC V2.0 as the overarching framework for product classifications, that is, product classifications used within the ABS will concord with CPC V2.0 to at least 3 digit level. The CPC is a multi-purpose classification covering all goods and services and recent developments to increase the level of detail and comparability with other international standards have positioned it to fulfil the function of an overarching reference product classification for Australia and New Zealand.
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