Australia saw a current account deficit of A$9.35 billion in the second quarter of 2013, the Australian Bureau of Statistics said on Tuesday, down 7 percent on quarter.
The headline figure missed forecasts for a shortfall of A$8.5 billion after posting a downwardly revised deficit of A$8.74 billion in the first quarter (originally reported as a deficit of A$8.5 billion).
The balance on goods and services was a seasonally adjusted deficit of A$18 million, down from a A$122 million surplus in the previous three months.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.