5206.0 - Australian National Accounts: National Income, Expenditure and Product, Sep 2009
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/12/2009
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SEPTEMBER KEY POINTS
EXPENDITURE ON GDP
INDUSTRY GROSS VALUE ADDED
CORRECTED TIME SERIES AND COMPONENTS
This release corrects errors identified in some of the series released on 16 December 2009. The corrections are to the seasonal adjustment of the Value Added of Agriculture, the estimation of components of Household Final Consumption Expenditure in current prices and Real Gross National Income.
REVISIONS IN THIS ISSUE
There are a number of significant changes in this issue. This is the first release to move to the new international standards System of National Accounts 2008 (SNA08) and Balance of Payments and International Investment Position Manual, sixth edition (BPM6), and to the new industry classification Australian and New Zealand Standard Industrial Classification, 2006 (ANZSIC06) and Standard Economic Sector Classification of Australia, 2008 (SESCA08). These changes have resulted in revisions to the entire National Accounts time series.
To inform users of these changes, a number of information papers have been released in the lead up to this issue:
SUPPRESSION OF TREND ESTIMATES
Trend estimates for series impacted by the Government's Economic Security and Stimulus payments to Households (including Household Final Consumption Expenditure and Household Net Saving) have been suppressed due to the difficulty in assessing the impact of the one off payments on the trend series.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Laurie Nitschke on Canberra (02) 6252 6711, email <national.accounts@ abs.gov.au>.
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