Balance of Payments
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Q4 2020
March 2, 2021 Australia’s seasonally adjusted current account surplus widened to A$14.5b in Q4 2020, from a revised A$10.7b in Q3 (originally A$10.0b).
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Q3 2020
December 1, 2020 Australia’s seasonally adjusted current account surplus declined in Q3 2020.
The lower current account surplus in Q3 reflected a narrowing in the trade surplus caused by a fall in exports and a rise in imports.
The primary income deficit narrowed in Q3 due to a rise in income from Australian investments abroad.
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Q2 2020
September 1, 2020 Australia’s seasonally adjusted current account surplus surged to a record A$17.7B in Q2 2020, exceeding market expectations of A$13.0B.
The widening in the current account surplus in Q2 was due to a rise in the trade surplus and narrowing in the primary income deficit.
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March Quarter 2020
March 3, 2020 Australian current account surplus jumped in Q1 2020.
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September Quarter 2019
December 3, 2019 The Australian current account surplus increased to a seasonally adjusted $7.9 billion in Q3 from a surplus of $4.7 billion in Q2.
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June Quarter 2018
September 4, 2018 The current account deficit widened to a seasonally adjusted $13.5 billion in Q2 2018, from a revised deficit of $11.7 billion in Q1 (revised from $10.5 billion).