Australia Yearbook - 2001

1016 Year Book Australia 2001
International investment position
Australia’s net international investment position is
the difference between the levels of Australia’s
foreign financial liabilities and the levels of its
foreign financial assets. Historically, Australia has
had a net liabilities position with the rest of the
world.
Australia’s net international investment position
at 30 June 2000 was a net foreign financial liability
of $403.8b. This was up $46.7b (13%) on the
position a year earlier and resulted from net
increases of $10.6b in the level of foreign equity
and $36.1b in the level of foreign debt.
Graph 30.12 shows the components of Australia’s
international investment position between
1991–92 and 1999–2000. It shows that the
increases in net foreign liabilities reflect increases
in both net foreign debt and net foreign equity in
most years.
30.12 NET INTERNATIONAL INVESTMENT POSITION,
Level at End of Period
Net international investment position
Net foreign debt
Net foreign equity
$b
500
400
300
200
100
0
1991–92 1993–94 1995–96 1997–98 1999–00
Source: Balance of Payments and International Investment Position, Australia (5302.0).