5206.0.55.002 - Information paper: Product changes to National Income, Expenditure and Product following revisions to international standards, 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 18/08/2009  First Issue
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INTRODUCTION

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: National Income, Expenditure and Product (cat. no. 5206.0) and describes:

  • 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: National Income, Expenditure and Product (cat. no. 5206.0) that will incorporate these updated standards will be the September quarter 2009, scheduled for release on Wednesday 16 December 2009.

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

Details of impacts of these updated standards will be covered in a further information paper, Implementation of new international statistical standards in ABS National and International Accounts (cat no. 5310.0.55.002) due for release on 30 September 2009.