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SEPTEMBER KEY FIGURES

		Jul 2016	Aug 2016	Sep 2016	Aug 16 to Sep 16
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	-2 052	-1 911	-1 784	7
	Seasonally adjusted	-2 043	-1 894	-1 227	35
CREDITS (Exports of goods & services)
	Trend estimates	26 649	26 863	27 020	1
	Seasonally adjusted	26 917	26 828	27 254	2
DEBITS (Imports of goods & services)
	Trend estimates	28 700	28 773	28 804	-
	Seasonally adjusted	28 959	28 722	28 481	-1
- nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a deficit of $1,784m in September 2016, a decrease of $127m (7%) on the deficit in August 2016.
• In seasonally adjusted terms, the balance on goods and services was a deficit of $1,227m in September 2016, a decrease of $667m (35%) on the deficit in August 2016.

• In seasonally adjusted terms, goods and services credits rose $426m (2%) to $27,254m. Non-rural goods rose $578m (4%) and rural goods rose $174m (5%). Non-monetary gold fell $353m (19%). Net exports of goods under merchanting remained steady at $47m. Services credits rose $29m.

• In seasonally adjusted terms, goods and services debits fell $241m (1%) to $28,481m. Consumption goods fell $223m (3%), non-monetary gold fell $124m (17%) and capital goods fell $75m (1%). Intermediate and other merchandise goods rose $179m (2%). Services debits rose $3m.