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NOVEMBER KEY FIGURES

		Sep 2015	Oct 2015	Nov 2015	Oct 15 to Nov 15
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	-2 718	-2 781	-2 953	-6
	Seasonally adjusted	-2 063	-3 247	-2 906	11
CREDITS (Exports of goods & services)
	Trend estimates	26 810	26 866	26 829	-
	Seasonally adjusted	27 651	26 604	26 764	1
DEBITS (Imports of goods & services)
	Trend estimates	29 529	29 647	29 782	-
	Seasonally adjusted	29 714	29 852	29 670	-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 $2,953m in November 2015, an increase of $172m (6%) on the deficit in October 2015.
• In seasonally adjusted terms, the balance on goods and services was a deficit of $2,906m in November 2015, a decrease of $341m (11%) on the deficit in October 2015.

• In seasonally adjusted terms, goods and services credits rose $160m (1%) to $26,764m. Rural goods rose $554m (15%). Non-monetary gold fell $216m (15%) and non-rural goods fell $214m (1%). Net exports of goods under merchanting remained steady at $14m. Services credits rose $35m (1%).

• In seasonally adjusted terms, goods and services debits fell $182m (1%) to $29,670m. Intermediate and other merchandise goods fell $165m (2%) and non-monetary gold fell $157m (36%). Capital goods rose $67m (1%) and consumption goods rose $63m (1%). Services debits rose $9m.