SEPTEMBER KEY FIGURES
| | | Jun Qtr 2018 | Sep Qtr 2018 | Jun Qtr 2018 to Sep Qtr 2018 |
| | | $m | $m | % change |
|
BALANCE ON CURRENT ACCOUNT | | | |
| Trend estimates | -11 425 | -10 170 | 11 |
| Seasonally adjusted | -12 056 | -10 688 | 11 |
BALANCE ON GOODS AND SERVICES | | | |
| Trend estimates | 4 617 | 6 625 | 43 |
| Seasonally adjusted | 3 903 | 6 607 | 69 |
NET PRIMARY INCOME | | | |
| Trend estimates | -15 785 | -16 503 | -5 |
| Seasonally adjusted | -15 749 | -16 911 | -7 |
LEVELS AT END OF PERIOD | | | |
| International Investment Position | 957 490 | 940 173 | -2 |
| | Net foreign equity | -73 969 | -103 859 | -40 |
| | Net foreign debt | 1 031 459 | 1 044 032 | 1 |
|
Current Account Balance (a), Main aggregates
| International Investment
|
SEPTEMBER KEY POINTS
BALANCE OF PAYMENTS
- The current account deficit, seasonally adjusted, fell $1,368m to $10,688m in the September quarter 2018. The balance on goods and services surplus rose $2,704m to $6,607m. The primary income deficit rose $1,162m to $16,911m.
- In seasonally adjusted chain volume terms, the surplus on goods and services rose $1,603m from $1,250m in the June quarter 2018 to $2,853m in the September quarter 2018. This is expected to contribute 0.4 percentage points to growth in the September quarter 2018 volume measure of GDP.
INTERNATIONAL INVESTMENT POSITION (IIP)
- Australia's net IIP liability position was $940.2b at 30 September 2018, a decrease of $17.3b on the revised 30 June 2018 position of $957.5b. Australia's net foreign equity asset position increased $29.9b to $103.9b at 30 September 2018. Australia's net foreign debt liability position increased $12.6b to $1,044.0b.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
December 2018 | 5 March 2019 |
March 2019 | 4 June 2019 |
June 2019 | 3 September 2019 |
September 2019 | 3 December 2019 |
PRIVACY
The
ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.
INQUIRIES
For further information contact Balance of Payments at <
balance.of.payments@abs.gov.au> for balance of payments estimates, and International Investment at <
international.accounts@abs.gov.au> for international investment estimates.