Australia’s current account deficit narrows

Tuesday, 6 December 2016

The commodity price boomlet has delivered a big improvement in Australia’s current account deficit (CAD), which narrowed by $4.6 billion (29%) to $11,4 billion over the September quarter:

The CAD also improved by $9 billion (12%) over the year:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.