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5302.0 - Balance of Payments and International Investment Position, Australia, Dec 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/03/2010   
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CHANGES IN THIS AND FORTHCOMING ISSUES


CHANGES IN THIS ISSUE

Changes in time series spreadsheets

Table 109 - Selected services credits and debits, chain volume measures

  • New series ID A3534854L (Services credits, original - Other personal travel) has been added after A3534853K (Services credits, original - Education-related personal travel)
  • New series ID A3534778W (Services debits, original - Other personal travel) has been added after A3534777V (Services debits, original - Education-related personal travel)

Table 110 - Selected services credits and debits, implicit price deflators
  • New series ID A3534737A (Services credits, original - Other personal travel) has been added after A3534736X (Services credits, original - Education-related personal travel)
  • New series ID A3534640F (Services debits, original - Other personal travel) has been added after A3534639W (Services debits, original - Education-related personal travel)


Glossary

A Glossary has been added.


CHANGES IN FORTHCOMING ISSUES

Selected international accounts ratios - table 35

As part of an ongoing review program, the methodology for presentation of selected international accounts ratios (table 35) have been reviewed. The changes will be implemented with the March quarter 2010 issue. A mock-up table 35 will be released on 26 March 2010 and can be accessed via the ABS web site <www.abs.gov.au> of the December quarter 2009 issue of this publication.

The major changes proposed are:
  • Net International Investment Position, Net foreign equity and Net foreign debt will be available as ratios to Gross National Income (GNI) in addition to Gross Domestic Product (GDP).
  • Current account data used in calculating the ratios will no longer be a moving average of the last four quarters, but will use single quarter data. For example, June quarter 2009 current account ratios to GDP will be calculated as the value of the seasonally adjusted current account divided by the value of seasonally adjusted GDP for that quarter - previously it was the value of the four quarters of current account data to June 2009 divided by the value of the four quarters of GDP data to June 2009.
  • Quarterly series data will be seasonally adjusted (unless otherwise indicated). Series which do not have seasonality will use original data and be footnoted accordingly.

Net International Investment Position data will continue to be in original form, and not seasonally adjusted.

As the international accounts are released prior to the national accounts, current quarter GDP and GNI are not available and will be annotated 'nya'. The previous quarter's value, or year ended previous quarter, will be used to calculate a preliminary ratio for the current quarter.


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