Australian Bureau of Statistics - ABS

DEFINITION of 'Australian Bureau of Statistics - ABS'

Australia's national statistical office. The mission statement of the ABS is to assist and facilitate informed decision making, research, and discussion within governments and the community by providing a high quality and objective national statistical service.

BREAKING DOWN 'Australian Bureau of Statistics - ABS'

The Commonwealth Bureau of Census and Statistics (CBCS), the predecessor to the ABS, was established in 1905. It was replaced in 1974 by the ABS. The Australian Bureau of Statistics Act of 1975 established the ABS as a statutory authority headed by the Australian Statistician and responsible to the Treasurer.

RELATED TERMS
  1. A-B Split

    A method of testing the effectiveness of marketing methods or ...
  2. Asset-Backed Security - ABS

    A financial security backed by a loan, lease or receivables against ...
  3. Bureau Of Labor Statistics (BLS)

    A government agency that produces a range of economic data which ...
  4. Early Amortization

    A type of credit enhancement used in certain asset backed securities ...
  5. Bureau of Census

    A division of the federal government of the United States Bureau ...
  6. Swiss Federal Statistical Office ...

    Switzerland's national center for public statistics, the FSO ...
Related Articles
  1. Bonds & Fixed Income

    Introduction To Asset-Backed And Mortgage-Backed Securities

    In this article, we will go through the structure, along with some examples of ABS and valuation.
  2. Investing Basics

    What is an Asset-Backed Security?

    An asset-backed security (ABS) is a debt security collateralized by a pool of assets.
  3. Mutual Funds & ETFs

    5 Alliance Bernstein Mutual Funds with Long Track Records

    Take a look at the top performing mutual funds offered by AllianceBernstein that have the longest established track records, dating back as far as 1994.
  4. Mutual Funds & ETFs

    4 Best AllianceBernstein Mutual Funds (AB)

    Discover the four best mutual funds administered and managed by AllianceBernstein that invest in fixed income securities and stocks.
  5. Economics

    Understanding Statistics

    Statistics provide the means to analyze data and then summarize it into a numerical form.
  6. Investing

    What is Descriptive Statistics?

    Descriptive statistics is the term applied to meaningful data analysis.
  7. Investing Basics

    R-Squared

    Learn more about this statistical measurement used to represent movement between a security and its benchmark.
  8. Fundamental Analysis

    What The Dow Means And Why We Calculate It The Way We Do

    Investors worldwide refer to the Dow every single day, but do you know why we use that formula?
  9. Investing

    Volatility

    Learn more about this statistical measure and how it affects the dispersion of returns.
  10. Options & Futures

    Arbitrage Squeezes Profit From Market Inefficiency

    This influential strategy capitalizes on the relationship between price and liquidity.
RELATED FAQS
  1. Is the Bureau of Labor Statistics accurate?

    Read this brief analysis of the accuracy of Bureau of Labor Statistics, including a summary of the types of reports issued ... Read Answer >>
  2. What data does the Bureau of Labor Statistics collect?

    Collected data includes unemployment numbers, inflation, prices, pay and benefits, time use of Americans, import/export numbers ... Read Answer >>
  3. What does the Bureau of Labor Statistics do?

    By collecting, analyzing and reporting on important economic data, the Bureau of Labor Statistics has become a critical information ... Read Answer >>
  4. Compute the offering price for a mutual fund with NAV of $1,200,000,000, an 8% front-end ...

    A. $1,304.35B. $1,200.00C. $1,196.35D. $1,296.00 Correct answer: A"B" is the bid price, not the offering price; "C" ... Read Answer >>
  5. Where is the Bureau of Labor Statistics located?

    Visit offices and libraries staffed by economists with the Bureau of Labor Statistics to obtain help reading data during ... Read Answer >>
  6. How does the Bureau of Labor Statistics determine the Consumer Price Index (CPI)?

    Changes in the average price level of more than 200 goods and services across the U.S. economy are used to determine the ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center