This guide to the Australian national accounts outlines the major concepts and definitions, describes the data sources and methods used to prepare the estimates, and discusses the accuracy and reliability of the national accounts.
It is particularly designed for use by those regularly using the accounts, such as economic and financial analysts. It is also intended as a reference for others who make use of the accounts less frequently, such as students of economics. The material is designed to enable users to appreciate and more readily assess the significance, accuracy and reliability of national accounting concepts and estimates.
This is the second edition of 5216.0 to be published in 2012. The first edition was published in July 2012 and reflected the implementation of 2008 SNA, BPM6 and ANZSIC06 with statistics published in Australian System of National Accounts, 2010-11 (cat. no. 5204.0), the September quarter 2011 issue of Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0), the Australian National Accounts: State Accounts 2010-11 (cat. no. 5220.0) and the September quarter 2011 issue of Financial Accounts (cat. no. 5232.0).
This edition includes the chapter on the concepts, sources and methods that underpin the Australian Input-Output tables. These are consistent with the ABS publications Australian National Accounts: Input-Output Tables Electronic Publication (cat. no. 5209.0.55.001) and the Australian National Accounts: Input-Output Tables (Product Details) Electronic Publication (cat. no. 5215.0.55.001). The chapters released in the first edition have not been altered.