ABS will undertake a consultation process from late-Sept to late-Nov 2022 seeking feedback on how Australian and New Zealand Standard Industrial Classification (ANZSIC) is currently used, key concerns with the ANZSIC as well as identifying issues with implementing a new industry classification. This consultation also aims to raise awareness of key changes to the revised International Standard Industrial Classification of All Economic Activities (ISIC) as proposed by the United Nations Statistical Division (UNSD), seeking feedback on whether the updated ISIC could meet Australian requirements. A global consultation on the revised ISIC is planned by the UNSD during September and October 2022, with updated ISIC scheduled to be endorsed by the United Nations Statistical Commission in March 2023.
The information you provide will assist in making the decision on how Australia will move forward with its industry classification, developing a roadmap for an industry classification review.
ANZSIC had a major review in 2006 and with changes in the industrial structure of Australia’s economy over the past 15 years it no longer reflects some aspects of our economy. The current ANZSIC requires a review or to be replaced with a more contemporary industry classification to ensure collection and production of high-quality industry statistics, improving data analysis and decision making for policies and program deliveries.
Our current options for industry classification review include:
To make a submission:
All papers are linked under the heading Related at the bottom of the ABS Consultation Hub Overview page.
The closing date for submissions is 25 November 2022.
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