5302.0 - Balance of Payments and International Investment Position, Australia, Mar 2014

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 03/06/2014

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Main Features Analysis and Comments Time Series Data Revisions Value adjustments Related Releases About this Release History of Changes Balance of Payments and International Investment Position, Australia (Media Release)	REVISIONS SUMMARY OF REVISIONS SINCE THE LAST ISSUE OF THIS PUBLICATION Table 36 summarises revisions, in original current price terms, since the last issue of this publication, for the last three years and six quarters. Incorporation of the latest survey and administrative data has resulted in revisions to the Balance of Payments and International Investment Position series back to September quarter 2012. In original current price terms, these revisions have: increased the 2012-13 current account deficit by $2,429m increased the current account deficit for September quarter 2012 by $402m increased the current account deficit for December quarter 2012 by $699m increased the current account deficit for March quarter 2013 by $752m increased the current account deficit for June quarter 2013 by $576m increased the current account deficit for September quarter 2013 by $1,091m increased the current account deficit for December quarter 2013 by $2,353m increased Australia's net IIP liability by $8,738m to a net liability position of $838,535m at 31 December 2013. The full time series for the revisions are available in Table 36, Summary of revisions, from the 'Download' tab of this issue. Seasonally adjusted and trend series have been revised due to the incorporation of revised estimates and the incorporation of estimates for the latest quarter. In seasonally adjusted terms, the revisions decreased the volume surplus on goods and services by $950m (9%) for the December quarter 2013. Document Selection These documents will be presented in a new window.