5302.0 - Balance of Payments and International Investment Position, Australia, Jun 2018 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/09/2018   
   Page tools: Print Print Page Print all pages in this productPrint All

JUNE KEY FIGURES

Mar Qtr 2018
Jun Qtr 2018
Mar Qtr 2018 to Jun Qtr 2018
$m
$m
% change

BALANCE ON CURRENT ACCOUNT
Trend estimates
-13 692
-12 875
6
Seasonally adjusted
-11 678
-13 472
-15
BALANCE ON GOODS AND SERVICES
Trend estimates
1 695
2 960
75
Seasonally adjusted
3 344
2 812
-16
NET PRIMARY INCOME
Trend estimates
-15 100
-15 555
-3
Seasonally adjusted
-14 832
-15 934
-7
LEVELS AT END OF PERIOD
International Investment Position
933 929
953 430
2
Net foreign equity
-87 217
-82 978
5
Net foreign debt
1 021 146
1 036 408
1

Current Account Balance (a), Main aggregates
Graph: Current Account Balance (a), Main aggregates

International Investment
Graph: International Investment


JUNE KEY POINTS


BALANCE OF PAYMENTS
  • The current account deficit, seasonally adjusted, rose $1,794m to $13,472m in the June quarter 2018. The balance on goods and services surplus fell $532m to $2,812m. The primary income deficit rose $1,102m to $15,934m.
  • In seasonally adjusted chain volume terms, the deficit on goods and services fell $546m from $13,407m in the March quarter 2018 to $12,861m in the June quarter 2018. This is expected to contribute 0.1 percentage points to growth in the June quarter 2018 volume measure of GDP.


INTERNATIONAL INVESTMENT POSITION (IIP)
  • Australia's net IIP liability position was $953.4b at 30 June 2018, an increase of $19.5b on the revised 31 March 2018 position of $933.9b. Australia's net foreign debt liability position increased $15.3b to $1,036.4b. Australia's net foreign equity asset position decreased $4.2b to $83.0b at 30 June 2018.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
September 2018 4 December 2018
December 2018 5 March 2019
March 2019 4 June 2019
June 2019 3 September 2019


PRIVACY

The ABS Privacy Policy outlines how the ABS will handle any personal information that you provide to the ABS.


INQUIRIES

For further information contact Balance of Payments at <balance.of.payments@abs.gov.au> for balance of payments estimates, and International Investment at <international.accounts@abs.gov.au> for international investment estimates.