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Balance of Payments and International Investment Position, Australia, Dec 2018
table The current account deficit, seasonally adjusted, fell $3,582m to $7,203m in the December quarter 2018. The balance on goods and services surplus rose $2,661m to $8,425m. The primary income deficit fell $848m to $15,318m. • In seasonally adjusted chain volume terms, the surplus on goods and services fell $781m from $2,022m in the September quarter 2018 to $1,241m in the December quarter 2018. This is expected to detract 0.2 percentage points from growth in the December quarter 2018 volume measure of GDP. INTERNATIONAL INVESTMENT POSITION (IIP) • Australia's net IIP liability position was $975.7b at 31 ... (full story)
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