Australian Bureau of Statistics
5655.0 - Managed Funds, Australia, Jun 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2008
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JUNE KEY POINTS
REVISIONS IN THIS ISSUE
There have been revisions in some series as a result of improvements to methodology and coverage; quality assurance work undertaken with data providers; and the receipt of revised administrative data. Specifically, superannuation data has been revised back to March 2001; life insurance offices data back to December 2003; public unit trust data back to June 2002; cash management trust data back to September 2007; and investment manager data back to June 2004. No revisions were made to friendly society or common funds data.
As highlighted in the June 2007 issue of this publication, estimates of the assets of superannuation funds as at 30 June 2007, were considered to be underestimated due to collection and compilation methods. The estimates for assets of superannuation funds presented in this publication have been revised to incorporate the data on self managed superannuation funds (SMSFs) for the 2006-07 financial year reported to the Australian Taxation Office (ATO). These estimates now give a more accurate measure of the increased contributions made to superannuation funds prior to legislation changes which came into effect from 1 July 2007. Delays in the processing of this data have resulted in a delay to the release of this issue.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Judy Sykes on Canberra (02) 6252 5222.
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This page last updated 26 November 2008