Australian Bureau of Statistics
5249.0.55.002 - Information Paper: Introduction of revised international statistical standards in the Australian Tourism Satellite Account, Nov 2009
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 10/11/2009 First Issue
|Page tools: Print Page Print All RSS Search this Product|
DISCUSSION OF OTHER CHANGES WITH MINOR IMPACT
Because of administrative complexities and measurement difficulties, Norfolk Island transactions will not always be captured in all relevant ABS economic statistics. Most of the transactions involving Norfolk Island are not material to Australia's overall economic performance and not capturing these transactions will not distort the economic statistics. However, any significant transactions will be identified and included in the relevant statistics.
OTHER CHANGES TO MACRO-ECONOMIC STANDARDS
The ABS is incorporating the results of a number of changes in the national and international accounts from the implementation of SNA08, BPM6 and ANZSIC06.
The main changes are listed below:
The key impact from the first three of these changes will be to reclassify these types of activities from intermediate consumption to gross fixed capital formation, resulting in an increase in gross value added in affected industries. The impact of these changes on key aggregates of the Australian TSA is expected to be minimal.
These documents will be presented in a new window.
This page last updated 9 November 2009