Australian Bureau of Statistics
5302.0 - Balance of Payments and International Investment Position, Australia, Sep 2009
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 08/12/2009
|Page tools: Print Page Print All RSS Search this Product|
Increase in current account deficit
Latest ABS figures show that in seasonally adjusted, current price terms, the current account deficit rose $3,050m (23%) to $16,183m in the September quarter 2009. Exports of goods and services decreased $2,455m and imports of goods and services increased $1,770m.
In seasonally adjusted chain volume terms, there was a turnaround of $4,823m on the June quarter surplus on goods and services, resulting in a deficit of $3,961m. This is expected to detract 1.8 percentage points from growth in the September quarter 2009 volume measure of Gross Domestic Product.
Australia's net International Investment Position (IIP) rose $37.2b to a net liability position of $752.2b in the September quarter 2009. Australia's net foreign debt liability increased $3.3b and Australia's net foreign equity liability increased $33.8b.
Further details can be found in Balance of Payments and International Investment Position, Australia (cat. no. 5302.0) available for free download on the ABS website at www.abs.gov.au
These documents will be presented in a new window.
This page last updated 26 February 2010