5232.0.55.003 - Information paper: Product changes to Financial Accounts following revisions to international standards, 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 19/10/2009  First Issue
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The Australian Bureau of Statistics (ABS) presents statistics on Australia's System of National Accounts which are compiled in accordance with international standards. These international standards were updated recently.

This paper focuses on the product Australian National Accounts: Financial Accounts (cat no. 5232.0):

  • the main changes to the international standards;
  • the timing for implementing the changes in Australian statistics;
  • the impact on the presentation of statistics in the product; and
  • the structural impact on time series spreadsheets in the product.

The first issue of Australian National Accounts: Financial Accounts (cat. no. 5232.0) that will incorporate these updated standards will be the September quarter 2009, scheduled for release on Thursday 24 December 2009.

This information paper includes previews of the publication (PDF) tables and time series spreadsheets that will be published in December 2009.

Details of impacts of these updated standards are covered in the information paper, Implementation of new international statistical standards in ABS National and International Accounts (cat. no. 5310.0.55.002) which will be released on 28 October 2009.