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5249.0 - Australian National Accounts: Tourism Satellite Account, 2007-08  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/04/2009   
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NOTES


ABOUT THIS PUBLICATION

This publication presents the key results of the Tourism Satellite Account (TSA) for the years 1999-2000 to 2007-08. Work on the TSA has been funded by the Department of Resources, Energy and Tourism (RET). The complete TSA time series from 1997-98 to 2007-08 is available on the data cube associated with this publication on the ABS website.

Tourism is not an industry or product in international statistical standards but is commonly considered an industry by tourism researchers and economic analysts. In the Australian Tourism Satellite Account (TSA), the direct contribution of the tourism industry to the Australian economy has been measured using the demand generated by visitors and the supply of tourism products by domestic producers.


CHANGES IN THIS ISSUE

The 2007-08 publication reflects results from the annual TSA update process where estimates for the latest year are modelled using movements in visitor consumption, and consequently a less detailed set of information is presented.


REVISIONS IN THIS ISSUE

Revisions have been made to the breakdown of tourism consumption by length of stay in Table 9. These revisions are at classificatory level and do not impact any other tables.

Revisions to source data used in the compilation of the TSA have also resulted in minor revisions to earlier year estimates. In particular, the following revisions impact on estimates for 2006-07:

  • The allocation of total economy imports to tourism products has been revised to replace modelled estimates.
  • Estimates of consumption of education by international visitors have been revised as a result of updated data from the Department of Education, Employment and workplace Relations (DEEWR).
  • Economy wide national accounting aggregates have been revised to make them consistent with the 2007-08 issue of Australian System of National Accounts (cat. no. 5204.0), impacting on ratios of tourism to overall economic activity.


DATA VALUES AND ROUNDING

All values, unless otherwise indicated, are shown in Australian dollars rounded to the nearest million. Where figures have been rounded, discrepancies may occur between the sums of the component items and totals.


NEXT ISSUE

Significant changes will be incorporated in the next issue of this publication due to the planned implementation of the Tourism Satellite Account: Recommended Methodological Framework (TSA: RMF 2008), Australian and New Zealand Standard Industrial Classification (ANZSIC 2006) and the System of National Accounts 2008 (SNA 2008). Coinciding with these changes, there will also be a review of some of the methods underlying the compilation of the TSA, most notably the method used to compile tourism employment.


INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Darren Page on Brisbane (07) 3222 6030.


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