Key statistics • The current account balance, seasonally adjusted, rose $581m to a surplus of $12,283m. • The capital and financial account deficit narrowed $4,645m to $5,789m. • The net international investment liability position was $862,315m at 31 March 2023. {table} The current account balance (seasonally adjusted current price) for March quarter 2023 was a surplus of $12.3b. The current account balance increased $581m from the revised December quarter 2022 surplus of $11.7b. The increase in the current account reflected a higher trade surplus partly offset by a rise in the net primary income deficit. The balance ... (full story)