5302.0 - Balance of Payments and International Investment Position, Australia, Sep 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/12/2019   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

September key statistics

Balance of payments

  • The current account surplus, seasonally adjusted, rose $3,186m to $7,855m in the September quarter 2019. The balance on goods and services surplus rose $1,799m to $21,065m. The primary income deficit fell $1,596m to $13,033m.
  • In seasonally adjusted chain volume terms, the surplus on goods and services rose $962m from $8,324m in the June quarter 2019 to $9,285m in the September quarter 2019. This is expected to contribute 0.2 percentage points to growth in the September quarter 2019 volume measure of GDP.

International investment position (IIP)
  • Australia's net IIP liability position was $976.0b at 30 September 2019, a decrease of $22.0b on the revised 30 June 2019 position of $998.0b. Australia's net foreign debt liability position increased $20.4b to $1,163.3b and net foreign equity asset position increased $42.4b to $187.4b at 30 September 2019.

Jun Qtr 2019
Sep Qtr 2019
Jun Qtr 2019 to Sep Qtr 2019
$m
$m
% change

BALANCE ON CURRENT ACCOUNT
Trend estimates
3 981
8 384
111
Seasonally adjusted
4 669
7 855
68
BALANCE ON GOODS AND SERVICES
Trend estimates
18 633
22 145
19
Seasonally adjusted
19 266
21 065
9
NET PRIMARY INCOME
Trend estimates
-14 515
-13 655
6
Seasonally adjusted
-14 629
-13 033
11
LEVELS AT END OF PERIOD
International Investment Position
997 966
975 989
-2
Net foreign equity
-144 938
-187 354
-29
Net foreign debt
1 142 904
1 163 343
2



Current account balance (a), Main aggregates
Graph: This graph shows the levels of the Current Account Balance, The Net Goods and services and the Net primary Income series.



International investment
Graph: This graph shows the levels of the net international investment, the net foreign equity and the net foreign debt series