|Medium||$-9.125 B||$-13.391 B||
$-9.664 B Revised from $-9.6 B
Australia Current Account measures the net trade balance (the difference between exported and imported goods and services), net income from foreign investments and net transfer payments. The indicator is seasonally adjusted.
The impact of the indicator on the Australian dollar may vary depending on current economic conditions. Most often, its growth is seen as positive for the currency, because foreign residents need to buy Australian dollars in order to pay for goods or services.