The Land Account is part of suite of environmental-economic accounts being produced by the ABS under the United Nations (UN) System of Environment-Economic Accounts (SEEA) framework. Land accounting measures the change in the land and its attributes resulting from the impact of human and natural activity. The value of a set of land accounts is the ability to measure land attributes by examining stocks at different points in time to support policy around sustainable economic and environmental management. The ABS current strategy includes the development of State/Territory or jurisdictional Land Accounts generally guided by the availability of data.