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INDUSTRY STATISTICS

OBJECTIVES

The Industry Statistics program provides information about the structure, financial operations, performance and production of Australian industries. The information is used to monitor the economy and the business cycle, and support the compilation of the Australian National Accounts and Environmental Economic Accounts.

The program consists of annual economy wide statistics from a collection program composed of core and flexible elements that cover the entire economy.

The main clients include: the Department of the Treasury; the Reserve Bank of Australia; the Productivity Commission; the Department of Industry and Science; the Department of Environment; state and territory agencies; industry organisations and associations; and financial and academic institutions.

As the program outputs are a key input to the Australian National Accounts and Environmental Economic Accounts, they are widely used for economic monitoring and forecasting.

OUTPUTS

The main output of the program is the annual publication Australian Industry (cat. no. 8155.0) which provides national estimates of income; expenses; wages and salaries; operating profit before tax; industry value added; operating businesses; employment; and selected business performance measures at industry division and subdivision levels. Other outputs include statistical data releases for Australian industries such as Mining Operations, Australia (cat. no. 8415.0).

Additional detail on the industries covered in the flexible elements of the program is published in:

• Information, Media and Telecommunications, Australia (cat. no. 8681.0)
• Australian National Accounts: Non-Profit Institutions Satellite Account (cat. no. 5256.0).

• release Australian Industry 2014-15 outputs - due May 2016
• release Arts and Recreation Services 2014-15 outputs - due June 2016
• review Australian Industry outputs with key stakeholders to ensure relevance to contemporary microeconomic policy issues - due June 2016
• release Energy, Water and Environment Survey 2014-15 outputs - due July 2016
• improve the measurement of the services economy and capital stock and services - ongoing
• extend the depth and quality of industry statistics through business taxation and other administrative data, synthetic estimation and/or modelling techniques - ongoing.