5302.0 - Balance of Payments and International Investment Position, Australia, Dec 2009
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 01/03/2010
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DECEMBER KEY POINTS
BALANCE OF PAYMENTS
INTERNATIONAL INVESTMENT POSITION (IIP)
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 current account back to September quarter 2008. In original terms, these revisions have:
Chain volume measures of goods credits have been revised from the September quarter 2008. This is due to the updating of prices in the weighting structure used to aggregate components. The prices have been updated to 2006-07 prices.
The financial account and international investment position have been revised back to September quarter 2008, resulting in an increase of $4,019m in Australia's net IIP liability as at 30 September 2009 to a liability position of $756,233m.
Seasonally adjusted and trend series are revised due to the incorporation of revised estimates and the incorporation of estimates for the latest quarter.
CHANGES IN THIS AND FORTHCOMING ISSUES
Changes in this issue:
Changes in forthcoming issues:
Caution should be used when interpreting recent trend estimates as they may be affected by unusual economic factors. For more details on trend estimates, please see paragraph 14 of the explanatory notes.
For further information contact Selvi Sekhar on Canberra (02) 6252 5540 for balance of payments estimates, and Charles Kauye on Canberra (02) 6252 5541 for international investment estimates.
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