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The financial account and international investment position have been revised back to September quarter 2010, resulting in an increase of $4,650m in Australia's net IIP liability as at 30 September 2011 to a liability position of $852,932m.
Full detailed revisions in time series are available in Table 36. Summary of revisions of this publication on the ABS website www.abs.gov.au from the 'Download' tab of this issue.
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 $819m (6%) for the September quarter 2011.
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