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4 RESEARCH AND EXPERIMENTAL DEVELOPMENT (R&D) STATISTICS
Previous results may be viewed at:
Research and Experimental Development, All Sector Summary, Australia, 2006-07 (cat. no. 8112.0)
Research and Experimental Development, Government and Private Non-Profit Organisations, Australia, 2006-07 (cat. no. 8109.0)
Research and Experimental Development, Higher Education Organisations, Australia, 2006 (cat. no. 8111.0)
4.2 CAPITALISATION OF RESEARCH AND EXPERIMENTAL DEVELOPMENT IN THE AUSTRALIAN NATIONAL ACCOUNTS
The most recent release of Australian System of National Accounts (cat. no. 5204.0), which occurred in December 2009, treated R&D as capital formation for the first time. This resulted from the implementation of the new international standards System of National Accounts (SNA 2008) and represents a change in treatment of R&D (as intermediate consumption) from SNA 1993.
For further information regarding the treatment of R&D for Australian System of National Accounts, please refer to Information Paper: Implementation of new international statistics standards in ABS National and International Accounts, September 2009 (cat. no. 5310.0.55.002).
4.3 THE AUSTRALIAN AND NEW ZEALAND STANDARD RESEARCH CLASSIFICATION (ANZSRC)
The Australian and New Zealand Standard Research Classification (ANZSRC) 2008 (cat. no. 1297.0) was developed for dual purposes: a need for a comprehensive description of today's research environment, as well as to facilitate the comparison of R&D statistics internationally. The 2007-08 Research and Experimental Development, Business, Australia (cat. no. 8104.0) was the first ABS release to output statistics using this classification. R&D results for the remaining sectors output on an ANZSRC 2008 basis will occur from the 2008-09 releases.
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