Australian Bureau of Statistics
1360.0 - Measuring Australia's Economy, 2003
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/02/2003
|Page tools: Print Page RSS Search this Product|
At 30 June 2002, Australian investment abroad totalled $453.9b of which portfolio investment was $159.3b (35% of total Australian investment abroad), direct investment was $153.4b (34%), other investment $73.8b (16%), reserve assets $37.4b (8%) and financial derivatives $30.0b (7%) .
Australian investment abroad generally refers to the stock of foreign financial assets (claims on non-residents) owned by Australian residents; and to the capital transactions and other changes which increase or decrease this stock. In balance of payments presentation, Australian investment abroad is shown with a negative sign.
There are five types of Australian investment abroad. Four of these are - direct, portfolio, financial derivatives and other investment. The fifth type is reserve assets. Reserve assets are foreign financial assets available to, and controlled by, the monetary authorities (principally the Reserve Bank of Australia) for financing or regulating payments, imbalances and other purposes.
Australians invest in foreign countries for a variety of reasons including: the securing and maintenance of market share, sales promotion, effective marketing, avoidance of foreign tariffs and import restrictions, securing of raw materials and to take advantage of cheaper inputs or higher rates of return on investments or to spread their risk.
This page last updated 20 January 2006
Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.