7127.0 - Agricultural Land and Water Ownership, December 2010 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 09/09/2011  First Issue
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GLOSSARY

Agricultural establishments

The establishment is the smallest accounting unit of business within a state or territory, controlling its productive activities and maintaining a specified range of detailed data, enabling the value added to be calculated. In the agricultural sector, an establishment covers all operations at a physical location, but may consist of a group of locations provided they are within the same shire. The majority of establishments operate at one location only. In most cases an establishment is the same as a farm.

Area of holding

Includes all occupied and maintained land owned, leased or rented, land worked by sharefarmers and all road permits by a particular agricultural establishment. Excludes land leased or rented to others.

Australian Business Register (ABR)

When an organisation applies for, and receives, an Australian Business Number (ABN) the business details from their application become part of the Australian Business Register (ABR). The ABR is the central collection, storage and verification system for basic business identity information for all entities with an ABN.

Australian and New Zealand Standard Industrial Classification (ANZSIC)

A standard classification developed for use in Australia and New Zealand for the production and analysis of industry statistics. The standard is also aligned with international standards in industry classification. Industry value estimates, industry financial estimates and trade export estimates are all presented in terms of ANZSIC. ANZSIC Subdivision 01, Agriculture, includes classes such as fruit industries (classes 0131-0139), beef cattle farming (class 0142), and pigs (class 0192). The 2006 edition of the ANZSIC replaces the 1993 edition and as a result, bridging is required when making comparisons between these editions.

Gigalitre

One thousand million litres.

Foreign ownership

When an individual, enterprise or other organisation that does not usually reside in Australia owns part of the business, either directly or through an enterprise or organisation that does not usually reside in Australia.

Megalitre

One million litres.

Water entitlement

An individual's ongoing right to access water, in this instance for use on agricultural land.