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Balance of Payments and International Investment Position, Australia, June 2023
Key statistics: The current account balance, seasonally adjusted, fell $4,787m to a surplus of $7,721m. The capital and financial account deficit increased $7,775m to $17,180m. The net international investment liability position was $822,241m at 30 June 2023. table The current account balance (seasonally adjusted, current price) for June quarter 2023 was a surplus of $7.7b. The current account balance decreased $4.8b from the revised March quarter 2023 surplus of $12.5b. The decrease in the current account surplus reflected the fall in prices for Australia’s key export commodities, partly offset by a drop in the ... (full story)