Box C: Australia’s Net Income Deficit During the second half of 2004, Australia’s current account deficit widened by almost 1½ per cent of GDP to over 7 per cent of GDP, the highest level since the early 1950s. In c - Net domestic product - Document - PDFSEARCH.IO

First Page	Meta Content
	Box C: Australia’s Net Income Deficit During the second half of 2004, Australia’s current account deficit widened by almost 1½ per cent of GDP to over 7 per cent of GDP, the highest level since the early 1950s. In c Add to Reading List Document Date: 2009-08-09 20:34:58 Open Document File Size: 54,43 KB Share Result on Facebook Country Australia / / Currency cent / USD / / Organization Reserve Bank of Australia / / SocialTag International economics Economic indicators Fiscal policy Current account Government budget deficit Balance of payments Balance of trade Gross domestic product External debt Economics

Box C: Australia’s Net Income Deficit During the second half of 2004, Australia’s current account deficit widened by almost 1½ per cent of GDP to over 7 per cent of GDP, the highest level since the early 1950s. In cAdd to Reading List