5676.0 - Business Indicators, Australia, Mar 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/06/2007   
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Telstra Corporation was effectively privatised on 20 November 2006. For the purposes of ABS statistics this change from public sector to private sector is effective from March quarter 2007. This change has impacted on some of the data series presented in this publication, particularly the March quarter 2007 movements.

The inclusion of Telstra impacts the Manufacturing and Communications industries as well as associated aggregates. The date items affected are sales of goods and services, wages and salaries, company gross operating profits and the related profits series. Trend breaks have been applied to all of these series this quarter and as a result no trend estimates have been published. Inventories for the Communications industry are out of scope for Quarterly Business Indicators.

For more information please see Information Paper: Future Treatment of Telstra in ABS Statistics, 2007 (cat. no. 8102.0), released 26 February 2007.

To assist users of these statistics the seasonally adjusted movements for March quarter 2007 if Telstra Corporation had also been included in the December quarter 2006 data would have been as follows:

Total company gross operating profits 2.1%

Total wages and salaries 2.4%