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Although it is outdated, the ABS has......>

AUSTRALIA
AUSTRALIA: Although it is outdated, the ABS has noted that "the level of foreign
investment in Australia reached $3,844.5b at 31 Dec '19, an increase of $278.9b
(8%) on the previous year. Portfolio investment accounted for $1,996.4b (52%),
direct investment for $1,019.5b (27%), other investment for $542.8b (14%) and
financial derivatives for $285.8b (7%)... Debt securities accounted for
$1,334.3b (35% of foreign investment in Australia) & equity securities for
$662.1b (17% of foreign investment in Australia). The leading investor countries
were: USA $983.7b (26%), UK $686.1b (18%), Belgium $348.1b (9%), Japan $241.1b
(6%) Hong Kong (SAR of China) $140.7b (4%) & Singapore $99.9b (3%). 
- The financial account at 31 Dec '19 recorded a deficit of $8.1b, a turnaround
of $55.1b on the surplus of $47.1b recorded for '18. Foreign investment in
Australia recorded an outflow of $10.1b at 31 Dec '19, a turnaround of $60.5b on
the inflow of $50.5b for '18. Leading countries recording an outflow during 2019
were: UK $46.0b, USA $36.3b & France $17.3b. Partly offsetting these, leading
countries recorded an inflow were: Belgium $27.3b, Hong Kong (SAR of China)
$14.4b & New Zealand $10.5b."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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