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5204.0 - Australian System of National Accounts, 2005-06  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/11/2006   
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IN THIS ISSUE

Revisions in this issue
Changes in this issue
Inquiries
Feedback


REVISIONS IN THIS ISSUE

The estimates in this issue incorporate new estimates from the annual supply and use tables for 2002-03 to 2004-05. This is the result of the incorporation of more up to date source data into the supply and use tables for 2002-03 and 2003-04 and the compilation of the first tables for 2004-05. The impact on growth in the volume measure of GDP compared to the June quarter 2006 national accounts was to increase annual growth by 0.1 percentage point in each of the years from 2003-04 to 2005-06. There have been revisions to a number of other series. In particular, the Household saving ratio has been revised up 2.2 percentage points in 2005-06 and 2 percentage points in 2004-05. Revisions have also been made to the International Trade data used by the National Accounts, the most significant relating to education services. For more information please refer to the feature article in the August 2006 issue of International Trade in Goods and Services, Australia (cat. no. 5368.0).


Improvements have been made to the Hours worked methodology used in the National Accounts. For more information on these changes please refer to the Information Paper : Implementing New Estimates of Hours Worked into the Australian National Accounts (cat. no. 5204.0.55.003). The capital stock estimates in this publication have also been subject to revisions due to improved allocations of public investment and incorporation of more up to date source data. Both of these revisions have impacted on the Productivity estimates, with the capital revisions being the most significant.


Improvements have been made to the population estimates used in the GDP per capita series, including extending the series back from 1972-73 to 1959-60.

CHANGES IN THIS ISSUE

The ABS is in the process of migrating from a traditional paper-based publishing regime to a web-based publishing regime. With the ability to hyperlink information on the web site, there are new and innovative ways for effective communication to users of ABS information. This publication has taken some steps towards a full web-based publishing regime. While a PDF containing the majority of material within this publication has been produced, the presentation of the information contained within this publication, is more effectively viewed on the ABS website.


Minor changes have been made to the format of table 23. Table 83 has been expanded to include new information on 'Other Land'.


INQUIRIES

For further information about these and related statistics, contact:

National Information and Referral Service on 1300 135 070 or Terry Rawnsley <
terry.rawnsley@abs.gov.au> on Canberra (02) 6252 6711.


FEEDBACK

The presentation of Australian System of National Accounts (cat. no. 5204.0) has changed. The ABS is looking for your feedback to help us improve future issues, to contribute please email client.services@abs.gov.au


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