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Balance of Payments
- Balance of Payments
- Building Approvals
- Construction Work Done
- Consumer Price Index
- Export Price Index
- Gross Domestic Product
- Home Loans
- House Price Index
- Import Price Index
- Labour Price Index
- NAB Business Confidence
- New Motor Vehicle Sales
- Private Sector Credit
- Producer Price Index
- Purchasing Managers Index
- RBA Interest Rate Decision
- Retail Sales
- Service PMI
- Trade Balance
- Unemployment Rate
- Westpac-Melbourne Institute Coincident Index
- Westpac-Melbourne Institute Leading Index
- Westpac Consumer Confidence
Balance of Payments
The Balance of Payments is an accounting record of all monetary transactions between a country and the rest world. It's the most common form of balance of international payments. If the earnings exceed the payments, the current account is considered to have a surplus; if the country pays more than it earns, its current account has a deficit. The balance of payments reflects all the country's foreign economic operations in monetary terms.
It is the sum of the balance of trade, factor income and cash transfers. Publication of data on balance of payments has a significant impact on the Australian dollar, the market gives high importance to this indicator.
- Release Frequency: quarterly.
- Release Schedule: 01:30 GMT.
- Source: Australian Bureau of Statistics.