Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5302.0 - Balance of Payments and International Investment Position, Australia, Sep 2011 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/12/2011   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product
MEDIA RELEASE
6 December 2011
Embargo: 11.30 am (Canberra time)
158/2011

Decrease in current account deficit

Latest ABS figures show that in seasonally adjusted, current price terms, the current account deficit fell $1,023m (15%) to $5,637m in the September quarter 2011. Exports of goods and services increased $3,434m (4%) and imports of goods and services increased $2,851m (4%). The primary income deficit fell $420m (3%).

In seasonally adjusted, chain volume terms, the net goods and services deficit rose $1,930m (17%) to $13,270m in the September quarter 2011. This is expected to detract 0.6 percentage points from growth in the September quarter 2011 volume measure of Gross Domestic Product.

Australia's net international investment position increased $50.6b to a net liability position of $848.3b in the September quarter 2011. Australia's net foreign debt liability increased $54.3b to a liability position of $740.5b. Australia's net foreign equity liability decreased $3.6b to a liability position of $107.8b.

Further details can be found in Balance of Payments and International Investment Position, Australia (cat. no. 5302.0).

Media notes:
  • When reporting ABS data you must attribute the Australian Bureau of Statistics (or ABS) as the source.
  • September quarter 2011 national accounts, Australian National Accounts: National Income and Expenditure (cat. no. 5206.0) will be released on 7 December 2011.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

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.