COMMODITY VALUE ADJUSTMENT
GOODS CREDITS
Iron ore and coal
- a negative adjustment of $180m has been applied to the 'metal ores and minerals' component
- a negative adjustment of $100m has been applied to the 'coal, coke and briquettes' component.
GOODS DEBITS
Capital expenditure
- the balance of payments goods debits component 'capital goods n.e.s.' includes an estimate of expenditure on capital goods that have changed ownership but have not yet crossed the Customs frontier
- the goods debits component 'capital goods n.e.s.' may be subject to revision between the release of the current issue of this publication and the forthcoming December quarter 2011 issue of Balance of Payments and International Investment Position, Australia (cat. no. 5302.0). The revisions, if required, will reflect information received after release of this publication. The revisions may impact the preliminary estimates of the goods debits volumes and implicit price deflator presented in this issue. If the estimates are revised, details will be provided in the January 2012 issue of International Merchandise Imports, Australia (cat. no. 5439.0) to be released on 20 February 2012.