IMPACT OF PRIVATISATION OF TELSTRA CORPORATION
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 the Average Weekly earnings by sector series for February 2007 and movements between November 2006 and February 2007.
The effect of this change is significant for both the private sector and public sector series. As a result, a trend break has been applied to both series between November 2006 and February 2007.
For more information please see Information Paper: Future Treatment of Telstra in ABS Statistics, 2007 (cat. no. 8102.0), released 26 February 2007.
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