ROUNDING DISCREPANCIES IN PERCENTAGE CHANGE FROM PREVIOUS FINANCIAL YEAR
Some of the financial year percentage changes for 2006–07, 2007–08 and 2008–09 in publication tables 2, 3, 4, 6, 7, 8 and 10 are different to those previously published. A different rounding methodology than the one conventionally used (see Explanatory Notes paragraph 33) was adopted in the calculation of percentage changes from the previous financial years in this publication. This has led to a difference of +/- 0.1 of a percentage point in some cases. The changes are shown in the data cube Table A2: Change From Previous Financial Year on the ABS website for the June quarter 2010 release. Actual index numbers and other percentage change calculations are not affected.
The wage price indexes in Tables 1 to 10 are updated and released every quarter. The financial year wage price indexes that appear in Tables 2 to 10 are updated each June quarter for the preceding financial year.
The financial year non-wage and labour price indexes in Tables 11 to 21 are compiled and released each September quarter and refer to the preceding financial year (ending June). A summary of the latest financial year non-wage and labour price indexes is included as an appendix to the December, March, and June quarter releases.
From the September quarter 2009, all index numbers have been released on a new reference base of 2008–09, that is, the numbers in each index series have been reset to equal 100.0 for the financial year 2008–09. Period-to-period percentage changes may differ slightly to those previously published due to re-referencing and rounding. These differences do not constitute a revision. See Appendix 2 for more detail.
This page last updated 17 August 2010