5249.0 - Australian National Accounts: Tourism Satellite Account, 2012-13 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 19/12/2013
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INDUSTRY GROSS VALUE ADDED
ABOUT THIS PUBLICATION
This publication presents the key results of the Tourism Satellite Account (TSA) for the years 2004-05 to 2012-13. Work on the TSA has been funded by Tourism Research Australia (TRA). The complete TSA time series from 1997-98 to 2012-13 is available in the data cube associated with this publication on the ABS website.
CHANGES IN THIS ISSUE
The 2012-13 publication includes new data in index form on hours worked in tourism. See the explanatory notes for further information on hours worked. Changes have also been made to the presentation of Overseas Arrivals and Departures (OAD) data in Tables 16 and 17. The countries that are now included are in line with those that appear in the data cubes from the Overseas Arrivals and Departures publication (cat. no. 3401.0).
REVISIONS IN THIS ISSUE
This issue includes revisions to tourism demand side aggregates for the years subsequent to the 2009-10 benchmark reference period. These result from the incorporation of revisions to national accounts source data used in the compilation of estimates of tourism demand. These affect both tourism expenditure and consumption, and consequently estimates of tourism industry output, tourism value added and tourism gross domestic product. Tourism aggregates for the years up to and including the 2009-10 benchmark reference period have not been revised despite revisions to national accounts source data across the full length of the TSA time series.
However, as usual, economy wide national accounting aggregates have been revised to ensure consistency with published estimates in the 2012-13 issue of Australian System of National Accounts (cat. no. 5204.0) published on 1 November 2013. These revisions are incorporated across the entire TSA time series, and affect tourism shares of GDP and GVA presented in tables 1, 2 and 5.
Additional revisions to TSA source data, including Overseas Arrivals and Departures and Tourism Research Australia's visitor expenditure data, are anticipated before the release of the 2013-14 issue of the TSA. An assessment of the impact of all these tourism demand side revisions to the entire TSA time series will be considered during compilation of the 2013-14 issue. If these revisions do not have a material impact on the TSA time series, they will likely be delayed for incorporation in the next benchmark publication, i.e. the 2014-15 issue of the TSA, due for release in April 2016.
DATA VALUES AND ROUNDING
All values, unless otherwise indicated, are shown in Australian dollars rounded to the nearest million. Where figures have been rounded, discrepancies may occur between the sums of the component items and totals.
The 2013-14 issue of this publication is expected to be released on 17 December 2014.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Sean Thompson on Brisbane (07) 3222 6257.
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