Information and Communication Technology satellite account

23.105    The Information and Communication Technology (ICT) satellite account developed by the ABS used the national accounts framework to present a picture of the value of transactions in ICT products within the Australian economy. One role of this satellite account was to review and, where necessary, make improvements to ICT data series used in the ASNA itself.

23.106    Satellite accounts such as tourism and non-profit institutions use a set of recommended classifications and frameworks developed from international research and discussion over a number of years, with international agencies usually taking the lead. There were no such guidelines available for an ICT satellite account, although there have been international initiatives on some aspects important to this work.