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SEPTEMBER KEY FIGURES

			Jun Qtr 2018	Sep Qtr 2018	Jun Qtr 2018 to Sep Qtr 2018
			$m	$m	% change
BALANCE ON CURRENT ACCOUNT
	Trend estimates		-11 425	-10 170	11
	Seasonally adjusted		-12 056	-10 688	11
BALANCE ON GOODS AND SERVICES
	Trend estimates		4 617	6 625	43
	Seasonally adjusted		3 903	6 607	69
NET PRIMARY INCOME
	Trend estimates		-15 785	-16 503	-5
	Seasonally adjusted		-15 749	-16 911	-7
LEVELS AT END OF PERIOD
	International Investment Position		957 490	940 173	-2
		Net foreign equity	-73 969	-103 859	-40
		Net foreign debt	1 031 459	1 044 032	1

Current Account Balance (a), Main aggregates

International Investment

• The current account deficit, seasonally adjusted, fell $1,368m to $10,688m in the September quarter 2018. The balance on goods and services surplus rose $2,704m to $6,607m. The primary income deficit rose $1,162m to $16,911m.
• In seasonally adjusted chain volume terms, the surplus on goods and services rose $1,603m from $1,250m in the June quarter 2018 to $2,853m in the September quarter 2018. This is expected to contribute 0.4 percentage points to growth in the September quarter 2018 volume measure of GDP.

• Australia's net IIP liability position was $940.2b at 30 September 2018, a decrease of $17.3b on the revised 30 June 2018 position of $957.5b. Australia's net foreign equity asset position increased $29.9b to $103.9b at 30 September 2018. Australia's net foreign debt liability position increased $12.6b to $1,044.0b.