India, March 4 -- Australia posted a seasonally adjusted current account surplus of A$11.8 billion in the fourth quarter of 2023, the Australian Bureau of Statistics said on Tuesday.
That beat forecasts for a surplus of A$4.8 billion following the upwardly revised A$1.3 billion surplus in the previous three months (originally a A$0.2 billion shortfall).
The capital and financial account deficit was A$9.730 billion, a turnaround of A$13.214 billion on the third quarter 2023 surplus.
The net international investment liability position was A$836.635 billion at 31 December 2023.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....