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Financial News: Australia Has A$16.646 Billion Current Account Shortfall

Australia Has A$16.646 Billion Current Account Shortfall

12/01/2025 - 19:41:00 (RTTNews)

(RTTNews) - Australia posted a current account deficit of A$16.646 Billion in the third quarter of 2025, the Australian Bureau of Statistics said on Tuesday.

That missed expectations for a shortfall of A$13.4 billion following the downwardly revised A$16.2 billion deficit (originally -13.7 billion).

The capital and financial account surplus was A$31.062 billion, an increase of A$13.642 billion from the previous quarter.

The terms of trade increased 0.3 percent to 95.5, up from 95.2 in Q2. The net primary income deficit decreased to A$18.7 billion, following the A$19.0 billion shortfall in the three months prior.

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12/01/2025 - 19:47 PM (RTTNews)
(RTTNews) - The total number of building permits issued in Australia was down a seasonally adjuste ...Full Story>>

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