5302.0 - Balance of Payments and International Investment Position, Australia, Sep 2018 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2018   
   Page tools: Print Print Page Print all pages in this productPrint All

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
Graph: Current Account Balance (a), Main aggregates

International Investment
Graph: 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.