Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
5302.0 - Balance of Payments and International Investment Position, Australia, June 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2012   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product
MEDIA RELEASE
4 September 2012
Embargo: 11.30 am (Canberra time)
134/2012
Decrease in current account deficit


Latest ABS figures show that in seasonally adjusted, current price terms, the current account deficit fell $1,196m (9%) to $11,801m in the June quarter 2012. Exports of goods and services increased $3,061m (4%) and imports of goods and services increased $2,430m (3%). The primary income deficit fell $520m (5%).

In seasonally adjusted, chain volume terms, the net goods and services deficit fell $871m (6%) to $13,635m in the June quarter 2012. This is expected to contribute 0.3 percentage points to growth in the June quarter 2012 volume measure of Gross Domestic Product.

Australia's net International Investment Position liability was $879.5b at 30 June 2012, a decrease of $5.2b on 31 March 2012. Australia's net foreign debt liability increased $14.9b to a liability position of $756.2b. Australia's net foreign equity liability decreased $20.1b to a liability position of $123.3b.

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.
  • June quarter 2012, Australian National Accounts: National Income and Expenditure (cat. no. 5206.0) will be released on 5 September 2012.

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.