SEPTEMBER KEY FIGURES
| | | Jun Qtr 2015 | Sep Qtr 2015 | Jun Qtr 2015 to Sep Qtr 2015 |
| | | $m | $m | % change |
|
BALANCE ON CURRENT ACCOUNT | | | |
| Trend estimates | -17 464 | -19 699 | -13 |
| Seasonally adjusted | -20 506 | -18 104 | 12 |
BALANCE ON GOODS AND SERVICES | | | |
| Trend estimates | -7 878 | -9 464 | -20 |
| Seasonally adjusted | -10 946 | -7 438 | 32 |
NET PRIMARY INCOME | | | |
| Trend estimates | -8 976 | -9 629 | -7 |
| Seasonally adjusted | -8 948 | -10 054 | -12 |
LEVELS AT END OF PERIOD | | | |
| International Investment Position | 904 621 | 922 771 | 2 |
| | Net foreign equity | -63 623 | -70 989 | -12 |
| | Net foreign debt | 968 244 | 993 760 | 3 |
|
Current Account Balance (a), Main aggregates
| International Investment
|
SEPTEMBER KEY POINTS
BALANCE OF PAYMENTS
- The current account deficit, seasonally adjusted, decreased $2,402m (12%) to $18,104m in the September quarter 2015. The deficit on the balance of goods and services decreased $3,508m (32%) to $7,438m. The primary income deficit increased $1,106m (12%) to $10,054m.
- In seasonally adjusted chain volume terms, the surplus on goods and services increased $6,109m from $2,178m in the June quarter 2015 to $8,287m in the September quarter 2015. This is expected to contribute 1.5 percentage points to growth in the September quarter 2015 volume measure of GDP.
INTERNATIONAL INVESTMENT POSITION (IIP)
- Australia's net International Investment Position was a liability of $922.8b at 30 September 2015, an increase of $18.2b (2%) on the 30 June 2015 position of $904.6b. Australia's net foreign debt liabilities increased $25.5b (3%) to a net liability position of $993.8b. Australia's net foreign equity assets increased $7.4b (12%) to a net asset position of $71.0b at 30 September 2015.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
December 2015 | 1 March 2016 |
March 2016 | 31 May 2016 |
June 2016 | 6 September 2016 |
September 2016 | 6 December 2016 |
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INQUIRIES
For further information contact Balance of Payments on Canberra (02) 6252 5540 for balance of payments estimates, and International Investment on Canberra (02) 6252 5541 for international investment estimates.