5302.0 - Balance of Payments and International Investment Position, Australia, Jun 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 03/09/2019   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

June key statistics

Balance of payments

  • The current account, seasonally adjusted, was a surplus of $5,853m in the June quarter 2019. It was a turnaround of $6,973m on the March quarter 2019 deficit of $1,120m. The balance on goods and services surplus rose $5,060m to $19,896m. The primary income deficit fell $1,573m to $13,927m.
  • In seasonally adjusted chain volume terms, the surplus on goods and services rose $2,750m from $3,637m in the March quarter 2019 to $6,387m in the June quarter 2019. This is expected to contribute 0.6 percentage points to growth in the June quarter 2019 volume measure of GDP.

International investment position (IIP)
  • Australia's net IIP liability position was $1,001.6b at 30 June 2019, an increase of $9.2b on the revised 31 March 2019 position of $992.3b. Australia's net foreign debt liability position increased $19.4b to $1,143.5b. Australia's net foreign equity asset position increased $10.2b to $141.9b at 30 June 2019.
Mar Qtr 2019
Jun Qtr 2019
Mar Qtr 2019 to Jun Qtr 2019
$m
$m
% change

Balance on current account
Trend estimates
-640
4 758
(a) ..
Seasonally adjusted
-1 120
5 853
(a) ..
Balance on goods and services
Trend estimates
14 693
19 281
31
Seasonally adjusted
14 836
19 896
34
Net primary income
Trend estimates
-15 002
-14 273
5
Seasonally adjusted
-15 500
-13 927
10
Levels at end of period
International Investment Position
992 335
1 001 560
1
Net foreign equity
-131 754
-141 904
-8
Net foreign debt
1 124 089
1 143 464
2

.. not applicable
(a) see paragraph 17 of Explanatory Notes.


Current account balance (a), Main aggregates




International investment