Australia’s current account deficit improved in Q3

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By Leith van Onselen

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

The current account deficit (CAD) improved by $1.4 billion in Q3 to $10.7 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.