5232.0 - Australian National Accounts: Financial Accounts, Sep 2012 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 20/12/2012
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SEPTEMBER KEY POINTS
CHANGES TO THIS ISSUE
Following ongoing quality assurance work, a number of data quality issues have been identified with table 37 - National capital accounts by sector and subsector. This table will be unavailable until further notice. However, capital accounts by sector will continue to be published as part of table 22 - flow of funds matrix.
To avoid the identification of an individual unit, the investment activity of an other private non financial corporation unit has been confidentialised. As a consequence of suppressing estimates directly impacted, it has been necessary to consequentially suppress other series in the affected tables to preserve confidentiality. Statistics published in this issue reflect these changes.
This issue incorporates estimates for renewable energy certificates (RECs). RECs are recorded as a long term debt security (bond) issued by the national general government (and held by counterparty sectors). The series has been revised back to June 2002 to include these estimates. The Australian Bureau of Statistics (ABS) released an Information Paper: Recording Emissions Reduction Schemes in ABS statistics (cat. no. 5257.0.55.001) on 30 July 2012. This information paper summarises the nature of measures introduced under the Clean Energy Acts and the Renewable Energy (Electricity) Act 2000, and the associated statistical treatment in economic and environment statistics.
The central bank, banks, securitisers, long term loans and placements market and bonds market tables include estimates for internally securitised paper. Please refer to the ABS treatment of internally securitised paper for the treatment of these securities.
REVISIONS IN THIS ISSUE
There have been revisions back to June 2002 to previously published aggregates due to quality assurance work undertaken through reviews of compilation of the published estimates and through data providers to the ABS Survey of Financial Information, ABS Survey of International Investment and APRA administrative data sets.
A significant amount of quality assurance work was undertaken back to June quarter 2002 on the capital accounts published within the the flow of funds matrix (Table 22). As a result, there are a number of series breaks in the capital account estimates between March quarter 2002 and June quarter 2002.
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Sachind Naidu on Canberra (02) 6252 6417, email <email@example.com>.
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