This document was added or updated on 23/07/2020.
Ensuring consistency across the ABS economic accounts
Governments across Australia have announced a series of economic stimulus and support packages in response to the COVID-19 pandemic. To ensure consistency in ABS surveys, the ABS is reviewing and where necessary updating survey questions and guidance to ensure consistent business and household reporting with the ABS classification of the announced packages (see 5261.0 - Economic measurement during COVID-19: Selected issues in the Economic Accounts, May 2020 for more information on selected packages).
Once the ABS has made a classification decision, potentially impacted survey questions are identified and reviewed across the suite of ABS surveys. If needed, new questions will be developed or modifications made to existing questions and/or guidance. Below is an example for the classification of boosting cash flow for employers (Classifying boosting cash flow for employers in Australia’s economic accounts).
|Areas impacted||ABS surveys and statistical collections impacted||Survey changes|
|Australian Government||Government Finance Statistics collection||Government providers informed to Include 'Boosting cash flow for employers' payments as a subsidy |
|Eligible businesses||Australian Industry Survey||'Boosting cash flow for employers' is specifically collected as a response in the 'Funding from federal, state and/or local government' question |
Guidance material is provided for survey respondents
|Business Indicators Survey||'Boosting cash flow for employers' is reported in the 'Other income' question which includes 'Funding from federal, state and/or local government'|
Processes have been modified to ensure respondents were directed to include the value of Boosting Cash Flow entitlement in other income.