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TRADE IN SERVICES

The previous section provided information on trade in cultural goods (i.e. movable goods that cross Australia's customs frontier). While this is a major part of Australia's cultural trade with other countries, trade in services also contributes to Australia's trade in culture and recreation.

The term ‘credits’ is used to refer to services rendered by Australians to the rest of the world and the term ‘debits’ to describe services provided by the rest of the world to Australians.

Most of Australia’s trade in services relates to international transport, travel, education and business services. Trade in cultural services (including music royalties) is relatively small in value and therefore parts of it have been combined with recreational services and health and medical services in the collection and output of data. Trade in this broader category (referred to as cultural and recreational services in the remainder of this chapter) - rather than just cultural services - is discussed here.

Australia earned $298m from cultural and recreational services in 2006-07, approximately 0.6% of its total earnings from services in that year. This figure has remained relatively constant over recent years, with the exception of 2000-01 when the inclusion of television rights to the Sydney 2000 Olympic and Paralympic Games boosted it to about 4.6%.

Australia paid $1,221m to other countries for cultural and recreational services in 2006-07, with Audiovisual and related services accounting for 75% of that total, and music royalties a further 17%. This represented 2.8% of all Australia's total payments for services in that year.

7.7 TRADE IN CULTURAL AND RECREATIONAL SERVICES - 2000-01 to 2006-07
		2000-01	2001-02	2002-03	2003-04	2004-05	2005-06	2006-07
		$m	$m	$m	$m	$m	$m	$m
Service Credits (earnings)
	Audiovisual and related services	(a)1 460	127	211	205	149	214	169
	Music Royalties	74	58	70	42	48	41	52
	Other cultural and recreational services(b)	109	159	146	110	63	115	77
	Total services provided	1 643	344	427	357	260	370	298
Service Debits (payments)
	Audiovisual and related services	674	777	732	776	867	869	918
	Music Royalties	262	266	244	209	255	213	209
	Other cultural and recreational services(b)	97	93	r120	130	r183	122	94
	Total services provided	1 033	1 136	1 096	1 115	1 305	1 204	1 221
r revised
(a) Includes $1,025m associated with the broadcast rights for the Sydney 2000 Olympic and Paralympic Games.
(b) Includes health and medical services.
Source: ABS, International Trade in Services (cat. no. 5368.0.55.003) and Balance of Payments and International Investment Position, Australia (cat. no. 5302.0).

7.8 AUDIOVISUAL AND RELATED SERVICES, By type - 2000-01 to 2006-07
		2000-01	2001-02	2002-03	2003-04	2004-05	2005-06	2006-07
		$m	$m	$m	$m	$m	$m	$m
Credits (earnings)
	Theatrical films	9	np	22	13	3	6	5
	Television programs - Sydney Olympic Games	1 025	-	-	-	-	-	-
	Televison programs - other	81	93	89	130	94	129	87
	Video tapes	6	2	8	6	3	1	3
	Total credits(a)	1 460	127	211	205	149	r214	169
Debits (payments)
	Theatrical Films	85	90	80	76	78	85	96
	Television Programs	456	532	481	526	610	539	538
	Video Tapes	111	146	159	170	170	225	235
	Total debits(a)	674	777	732	776	867	869	918
- nil or rounded to zero (including null cells)
np not available for publication but included in totals where applicable, unless otherwise indicated
r revised
(a) Includes Multimedia and Other (not seperately identified).
Source: ABS, Balance of Payments and International Trade (cat. no. 5368.0.55.003).