• Summary
• Downloads
• Explanatory Notes
• Related Information
• Past Releases

June key figures

		Apr 2019	May 2019	Jun 2019	May 19 to Jun 19
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	6 234	6 677	7 032	5
	Seasonally adjusted	4 812	6 173	8 036	30
CREDITS (Exports of goods & services)
	Trend estimates	41 213	41 664	42 067	1
	Seasonally adjusted	40 111	41 802	42 378	1
DEBITS (Imports of goods & services)
	Trend estimates	34 979	34 987	35 035	-
	Seasonally adjusted	35 299	35 629	34 342	-4
- nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a surplus of $7,032m in June 2019, an increase of $355m on the surplus in May 2019.
• In seasonally adjusted terms, the balance on goods and services was a surplus of $8,036m in June 2019, an increase of $1,863m on the surplus in May 2019.

• In seasonally adjusted terms, goods and services credits rose $576m (1%) to $42,378m. Non-rural goods rose $758m (3%). Rural goods fell $170m (4%) and non-monetary gold fell $37m (2%). Net exports of goods under merchanting remained steady at $18m. Services credits rose $26m.

• In seasonally adjusted terms, goods and services debits fell $1,287m (4%) to $34,342m. Capital goods fell $600m (9%), consumption goods fell $450m (5%) and intermediate and other merchandise goods fell $366m (3%). Non-monetary gold rose $132m (28%). Services debits fell $2m.

• In original terms, the balance on goods and services for 2018-19 was a surplus of $49.9b, an increase of $42.3b on the surplus of $7.6b recorded in 2017-18, resulting from a $66.6b (17%) increase in goods and services credits and a $24.2b (6%) increase in goods and services debits.