Australia’s current account improved in Q1

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By Leith van Onselen

Balance of payments for the March quarter is out and Australia’s external position has improved slightly:

The current account deficit (CAD) improved by $4.2 billion in Q1 to $10.5 billion:

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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.