1300.1.55.001 - Statistics News NSW (Newsletter), Mar 2005  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/04/2005   
   Page tools: Print Print Page Print all pages in this productPrint All


Price indexes are often used in contracts by businesses and government in Indexation Clauses. The purpose of Indexation Clauses are to adjust payments and/or charges to take account of changes in categories of prices. The ABS has recently released a set of guidelines that outline a range of issues that should be taken into account by parties considering including an Indexation Clause in a contract using an ABS price index. These guidelines can be found in Australian Consumer Price Index: Concepts, Sources and Methods (cat. no. 6461.0) which is available on-line from the Statistical Concepts Library on the ABS web site. For further information contact Steve Whennan on (02) 6252 6251 or email steve.whennan@abs.gov.au.