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The international investment position has been revised back to September quarter 2007. The revisions resulted in an increase of $16,530m in Australia's net IIP liability as at 30 June 2011 to a liability position of $797,651m.
Full detailed revisions in time series are available in table 36. Summary of revisions for this publication from the 'Download' tab of this issue.
Seasonally adjusted and trend series have been revised due to the incorporation of revised estimates, the incorporation of estimates for the latest quarter, the annual seasonal re-analysis and the rederivation of seasonal factors under the concurrent seasonal adjustment methodology. For details on the seasonal re-analysis see Seasonally adjusted and trend estimates.
Chain volume estimates, implicit price deflators and terms of trade indexes have been revised as a result of the incorporation of revised estimates and seasonal factors, the introduction of a new reference year and the introduction of revised weights for goods credits. For details see Chain volume estimates, implicit price deflators and terms of trade indexes.
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