Australia’s current account deficit worsens

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By Leith van Onselen

Balance of payments for the June quarter is out and Australia’s external position has deteriorated:

The current account deficit (CAD) deteriorated by $1.8 billion in Q2 to $13.5 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.