Following approval at the last AASB meeting (see ANT33/2008, item 4), the following new standards and interpretations are now available on the AASB website:

• AASB 2008-8 Amendments to Australian Accounting Standards – Eligible Hedged Items, applicable for periods commencing from 1 July 2009  
  
• Revised AASB 1039 Concise Financial Reports, applicable for periods beginning on or after 1 January 2009, with early adoption permitted. It includes changes to terminology and descriptions of the financial statements to achieve consistency with that used in AASB 101 Presentation of Financial Statements, as well as the changes to the disclosure requirements relating to segments to achieve consistency with the equivalent requirements in AASB 8 Operating Segments. Early adoption is only permitted provided AASB 101 and AASB 8 are also applied to the periods.