Big Aust, deficit
NZPA-AAP Melbourne Australia’s balance of payments deficit would be more than sAustl3B ($17.558) for 1985-86, about sAust2B ($2.78) more than 1984-85, a leading economic analysis has predicted. The Australian Chamber of Manufacturers and the National Institute of Economic and Industry Research said in their monthly “Economic Focus" that the deficit would remain high during the present quarter before
improving in the June quarter. The report said that during 1985 the balance of payments deficit was SAUStIi.S74B ($15.6248), with “quite significant” increases during both the September and December quarters. “This trend appears to have been associated with a deterioration in our terms of trade, some reduction in the volume of Imports and an increase in net property income payable overseas,” the report said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19860128.2.95.2
Bibliographic details
Press, 28 January 1986, Page 22
Word Count
125Big Aust, deficit Press, 28 January 1986, Page 22
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in