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Balance of Payments and International Investment Position, Australia, March 2024
Key statistics: • The current account balance, seasonally adjusted, declined $7,563m to a deficit of $4,896m. • The capital and financial account surplus was $8,307m, an increase of $16,912m on the December quarter 2023 deficit. • The net international investment liability position was $730,268m at 31 March 2024. table The current account balance (seasonally adjusted, current price) for March quarter 2024 was a deficit of $4.9b. This was a decrease of $7.6b from the revised December quarter 2023 current account surplus of $2.7b. The current account deficit for March quarter 2024 reflects a smaller trade ... (full story)