The current account balance, seasonally adjusted, rose $1,338m to a deficit of $12,547m. • The capital and financial account surplus was $14,185m, a decrease of $2,337m on the September quarter 2024 surplus. • The net international investment liability position was $653,166m at 31 December 2024. {table} The current account balance (seasonally adjusted, current price) for December quarter 2024 was a deficit of $12.5b. This was an increase of $1.3b, from the revised September quarter 2024 current account deficit of $13.9b. The rise in Australia’s current account was led by the surplus on trade in goods and services ... (full story)