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Table 36 summarises revisions, in original current price terms, since the last issue of this publication, for the last three years and six quarters.
Incorporation of the latest survey and administrative data has resulted in revisions to the balance of payments series back to September quarter 2013. In original current price terms, these revisions have:
The International Investment Position (IIP) has been revised back to September quarter 2013. These revisions have decreased Australia's net IIP liability by $1,324m to a net liability position of $873,931m at 30 September 2014.
The full time series for the revisions are available in table 36, Summary of revisions, 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 surplus on goods and services by $591m (13%) for the September quarter 2014.
Data in this issue aligns with the data in the December quarter 2014 issue of Australian National Accounts: National Income, Expenditure and Product (cat. no. 5206.0) to be released on 4 March 2015.
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