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JUNE KEY FIGURES

		Apr 2015	May 2015	Jun 2015	May 15 to Jun 15
		$m	$m	$m	% change
BALANCE ON GOODS AND SERVICES
	Trend estimates	-2 332	-2 659	-2 946	-11
	Seasonally adjusted	-4 156	-2 677	-2 933	-10
CREDITS (Exports of goods & services)
	Trend estimates	26 236	25 967	25 753	-1
	Seasonally adjusted	25 259	25 518	26 348	3
DEBITS (Imports of goods & services)
	Trend estimates	28 568	28 626	28 699	-
	Seasonally adjusted	29 415	28 195	29 281	4
- nil or rounded to zero (including null cells)

Balance on Goods and Services

• In trend terms, the balance on goods and services was a deficit of $2,946m in June 2015, an increase of $287m (11%) on the deficit in May 2015.
• In seasonally adjusted terms, the balance on goods and services was a deficit of $2,933m in June 2015, an increase of $256m (10%) on the deficit in May 2015.

• In seasonally adjusted terms, goods and services credits rose $830m (3%) to $26,348m. Non-rural goods rose $590m (4%) and non-monetary gold rose $231m (28%). Rural goods fell $23m (1%). Net exports of goods under merchanting remained steady at $32m. Services credits rose $32m (1%).

• In seasonally adjusted terms, goods and services debits rose $1,086m (4%) to $29,281m. Intermediate and other merchandise goods rose $957m (10%) and consumption goods rose $80m (1%). Capital goods fell $42m (1%) and non-monetary gold fell $19m (5%). Services debits rose $109m (2%).

• In original terms, the balance on goods and services for 2014-15 was a deficit of $21.2b, a rise of $13.3b (168%) on the deficit of $7.9b recorded in 2013-14, resulting from a $12.3b (4%) decrease in goods and services credits and a $1.1b increase in goods and services debits.