CHANGES IN THIS ISSUE
THE IMPACT OF CYCLONE DEBBIE
The impact of Cyclone Debbie has resulted in a significant decrease in export quantities of coal in April 2017.
An adjustment has been applied on a balance of payments basis to the 'coal, coke and briquettes' component for April 2017 in order to stabilise the trend estimate for goods credits. The ABS will continue to monitor this series.
This adjustment will prevent trend estimates from being biased by this unusual original estimate and help stabilise seasonal factor estimates. Details of this approach can be found in the feature article When it's not "Business-as-usual": Implications for ABS Time Series in Australian Economic Indicators, August 2009 (cat. no. 1350.0).