5220.0.55.002 - Information paper: Gross State Product using the Production approach GSP(P), 2007

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 14/09/2007 First Issue

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Contents >> Conclusion and future directions >> Conclusion >> State Accounts

CHANGES TO AUSTRALIAN NATIONAL ACCOUNTS: STATE ACCOUNTS

Owing to the inclusion of the GSP(P) and GVA by industry estimates, a number of changes to the layout of 5220.0 will be made:

Headline GSP, in both current prices and volume terms, will be based on the simple average of available measures.
A statistical discrepancy (relative to GSP(A)) will be included for both volume and current price tables.
Tables providing GVA by industry in volume terms and the associated growth rates will be included for each state.
Tables will be included showing GVA in current prices, the associated growth rates and the state shares of Australian GVA.
General government GOS will not longer be separately identified in the Total factor income tables but will be allocated to relevant industries.

These changes will impact on the publication and spreadsheets produced as part of the release of Australian National Accounts: State Accounts. An information paper detailing the new layout of the publication will be published prior to the release of the Australian National Accounts: State Accounts in November 2007.