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Dissemination Standards Bulletin Board Special Data Dissemination Standard (AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)   Australia Analytical accounts of the central bank (Reserve Bank of Australia: Statement of Liabilities and Assets ) Last Posted: May-4-2009 Last Certified: Mar-30-2009 Last Updated: Mar-30-2009 Contact Person(s)          Printer Friendly Page   Dissemination Formats Summary Methodology Access National Summary Data Page Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics	5.1.1 Statistical presentation Data are disseminated in millions of Australian dollars for the following prescribed components: Reserve money; obtained by summing Australian notes on issue and Exchange Settlement Balances; Domestic claims on government (central government [net basis] and state government only; the RBA does not lend to local governments); and The gross external position (gross foreign assets and gross foreign liabilities) of the central bank. The RBA does not lend to the non-bank private sector and is not permitted to lend to banks, except in exceptional circumstances as lender of last-resort. The data are based on the accounting records of the RBA.
Periodicity	4.1.1 Periodicity Weekly, at the close of business each Wednesday.
Timeliness	4.1.2 Timeliness Within two business days after the end of the reference period.
Access by the Public
Advance dissemination of release calendar	5.1.3 Advance release calendar The RBA updates and publishes its advance release calendar, Schedule of Statistics and Publications, weekly. Firm dates and times for publications being issued in the week ahead are notified in this schedule. Expected release dates of publications and releases over the following three months are also updated. The advance release calendar is published as a media release and a hardcopy version is available to the public from the Bank's Head Office and all branches throughout Australia. The calendar is also published by the RBA on the Bank's Internet website (http://www.rba.gov.au/Statistics/serd.html) and via the Bank's wire service pages in the Reuters, AAP and Bloomberg information services.
Simultaneous release to all interested parties	5.1.4 Simultaneous release The data are released simultaneously to all interested parties through the issuance of the media release, Statement of Liabilities and Assets. The RBA inputs the weekly data directly to the live pages of electronic news services (Reuters, AAP and Bloomberg), and uses its simultaneous, multi-destination faxing system for the distribution of releases to financial media within Australia. The media release is also published on the RBA's Internet website (http://www.rba.gov.au/Statistics/statem_liabilities_assets.html). Mailed copies of the releases are delivered within a few days after publication.
Integrity
Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information	0.1.1 Responsibility for collecting, processing, and disseminating statistics The analytical accounts of the central bank are based on the Weekly Statement of Liabilities and Assets, which is compiled under the Reserve Bank Act 1959, and from the data in the RBA monthly Bulletin. 1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination The Reserve Bank Act and the Banking Act can be downloaded from the legal information retrieval system SCALEplus: Reserve Bank Act: http://scaleplus.law.gov.au/html/pasteact/0/310/top.htm; and Banking Act: http://scaleplus.law.gov.au/html/pasteact/0/3/top.htm. Alternatively, the Australian Government publishes information on where the public can obtain copies of government legislation at the following internet address: http://www.publications.gov.au/?legislation.
Identification of internal government access to data before release	1.2.2 Internal governmental access to statistics prior to release Reserve Bank of Australia There is no internal government access to the data prior to their release.
Identification of ministerial commentary on the occasion of statistical releases	1.2.3 Attribution of statistical products Reserve Bank of Australia No ministerial commentary accompanies the release of these statistics.
Provision of information about revision and advance notice of major changes in methodology	4.3.1 Revision schedule The data are final when first released and have not been subject to revision in the past. 4.3.2 Identification of preliminary and/or revised data In the unlikely event that a revision is required in the future, this would be notified in the RBA Bulletin with an explanation of the reason for the revision. 1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. The RBA complies with Australian Accounting Standards determined by Accounting Standards bodies; the accounting methodology used by the RBA is based on those Standards. Any changes in methodology would only occur with changes in standard Australian accounting practices, advance notification of which would be provided by the relevant accountancy organisations.
Quality
Dissemination of documentation on methodology and sources used in preparing statistics	5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques Explanatory notes are provided in the weekly media release, Statement of Liabilities and Assets, and in the monthly RBA Bulletin. (See also summary methodology)
Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness	4.2.2 Temporal consistency Time series data are published in the RBA Bulletin, including monthly data based on the average of weekly figures (last thirteen months of monthly data and weekly figures for the latest month). The data set disseminated in the Bulletin Disk contains monthly time series data starting in July 1989. Monthly data from July 1969 contained in the statistical tables of the RBA Bulletin are also available on the RBA web site. The Reserve Bank of Australia Annual Report contains detailed balance sheets as at the close of business on 30 June for the current and previous years. 4.2.3 Intersectoral and cross-domain consistency The gold and foreign exchange data published in the weekly Statement of Liabilities and Assets can also be compared with the international reserves data published in a monthly media release Official Reserve Assets and in the RBA Bulletin, although the data in these latter documents are compiled: on an end-month (rather than weekly) basis; on a settled (rather than contracted) basis; exclude securities sold under repurchase agreements; and exclude foreign currency claims against domestic financial institutions arising from the reciprocal swap facility with the Federal Reserve (which are included within the gold and foreign exchange data in the weekly Statement of Liabilities and Assets). These distinctions are detailed in the notes to tables published in the Bulletin every month.
Footnotes Last posted: Date IMF staff last posted an update to these metadata on the DSBB. Last certified: Date subscriber last officially certified the accuracy of these metadata. Last updated: Date subscriber last submitted an update of these metadata to the IMF.