Australia Has A$27.1 Billion Current Account Deficit

RTTNews | 101 days ago
Australia Has A$27.1 Billion Current Account Deficit

(RTTNews) - Australia posted a seasonally adjusted current account deficit of A$27.1 billion in the first quarter of 2026, the Australian Bureau of Statistics said on Tuesday.

That missed forecasts for a shortfall of A$23.1 billion following the downwardly revised A$23.0 billion deficit in the previous three months (originally -A$21.1 billion).

The capital and financial account surplus was A$18.6 billion, a decrease of A$1.9 billion on the December quarter 2025 surplus.

The net international investment liability position was A$707.6b at 31 March 2026.

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