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SUMMARY OF REVISIONS SINCE THE LAST ISSUE OF THIS PUBLICATION
Table 28 summarises revisions, in original current price terms, since the last issue of this publication.
Incorporation of the latest survey and administrative data has resulted in revisions to the balance of payments series back to the September quarter 2014. In original current price terms, these revisions have:
The International Investment Position (IIP) has been revised back to the September quarter 2014. These revisions have decreased Australia's net IIP liability $20,625m to a net liability position of $933,929m at 31 March 2018. The financial account surplus has been revised down $230m to $7,131m in the March quarter 2018.
Seasonally adjusted and trend series have been revised due to the incorporation of revised estimates and the incorporation of estimates for the latest quarter.
In seasonally adjusted terms, the revisions increased the volume deficit on goods and services by $646m for the March quarter 2018.
Data in this issue aligns with the data in the June quarter 2018 issue of Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0) to be released on 5 September 2018.
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