RECENT AND UPCOMING RELEASES
INFORMATION PAPER: QUALITY DIMENSIONS OF THE AUSTRALIAN NATIONAL ACCOUNTS (cat.no.5216.0.55.002)
This information paper was released on 31 August 2007. It provides a wide-ranging discussion of aspects of the quality of the Australian national accounts statistics. This paper is part of the ABS initiative for 'making quality visible'. The national accounts program is discussed against the six quality dimensions of the ABS Data Quality Framework. These dimensions are a view of data quality aspects that determine fitness for purpose, and relate to relevance, accuracy and reliability, timeliness, accessibility, interpretability and coherence. A broad analysis of revisions in the quarterly national accounts is also presented. The paper updates and extends the discussion of quality issues contained in Chapter 29 of the ABS publication, Australian System of National Accounts, Concepts, Sources and Methods, 2000 (cat.no.5216.0) and in the Feature Article 'A Quality Assessment of the National Accounts Information System' published in the March quarter 2003 edition of the Australian National Accounts: National Income and Expenditure (cat.no.5206.0).
AUSTRALIAN NATIONAL ACCOUNTS, FINANCIAL ACCOUNTS (cat.no.5232.0)
The Australian National Accounts - Financial Accounts publication, last released on 29 June 2007, provides quarterly estimates of the financial flows between sectors of the domestic economy and with the rest of the world. In addition, the publication provides estimates of the financial assets and liabilities owned by each sector and various sub-sectors at the end of each quarter. Other key estimates within the publication include the demand for credit by non-financial domestic sectors during the quarter, and their corresponding levels of credit outstanding. The next issue of the Financial Accounts publication will be released on 28 September 2007.
INFORMATION PAPER: INTRODUCTION OF REVISED INTERNATIONAL STANDARDS IN ABS ECONOMIC STATISTICS IN 2009 (cat.no.5310.0.55.001)
This information paper is expected to be released in the near future. It outlines revisions to international statistical standards, as set out in the System of National Accounts 1993 Revision 1 and Balance of Payments Manual and International Investment Position, Sixth edition (BPM6). It describes, in broad terms, the effects that implementing the revisions will have on Australia's national accounts, balance of payments and related statistics. The paper includes an outline of ABS plans to implement the new standards in 2009.
INFORMATION PAPER: EXPERIMENTAL ESTIMATES OF INDUSTRY MULTIFACTOR PRODUCTIVITY (cat.no.5620.0.55.001)
This information paper is expected to be released in the near future. It provides industry level estimates of multifactor productivity (MFP). Measures of productivity growth are important in understanding long term improvements in Australia's living standards and changes in Australia's international competitiveness. ABS research into productivity began in the 1980s and estimates of MFP for the market sector were first published in 1985. Since this time, there has been growing interest in productivity measurement, particularly in the productivity performance of individual industries. The ABS commenced research into industry level MFP estimates in 2002. The focus of this paper is to present experimental estimates of MFP for the 12 industries that comprise the market sector. The paper presents an analysis and discussion of the results for each of the industries and details of the methods and data sources used. The estimates of industry MFP presented in the paper use the same basic data that underlies the estimates of market sector productivity published in the Australian System of National Accounts, 2005-06 (cat.no.5204.0).
INFORMATION PAPER: GROSS STATE PRODUCT USING THE PRODUCTION APPROACH GSP(P) (cat.no.5220.55.002)
This information paper is expected to be released in the near future. It will provide results of an ABS project to develop volume estimates of Gross State Product using the production approach, GSP(P). The GSP(P) results for each state will be presented, followed by a discussion for each industry. It is planned to incorporate the new measures in Australian National Accounts: State Accounts, 2006-07 (cat.no.5220.0) to be released on 14 November 2007.