An information paper, released in September 2007, described
revisions to Australia's national and international accounts to
be implemented in 2009. These revisions result from the updating
of the respective international standards - the System of
National Accounts (SNA) and the Balance of Payments Manual
(BPM). This information paper is one in a series that provides
more detail about the most significant changes being made to
Australia's national and international accounts. This paper
discusses the treatment of Workers' remittances. Workers'
remittances are cash or in-kind transfers by resident households
in one economy to households of other economies. A methodology
has been developed to estimate Workers' remittances debits (i.e.
transfers out of Australia). The new data series will commence
from September quarter 1989 and will be included under Personal
transfers in the Secondary Income Account of the Balance of
Payments from the September quarter 2009 issue of Balance of
Payments and International Investme