{"id":431272,"date":"2026-06-02T08:40:22","date_gmt":"2026-06-02T01:40:22","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/australia-widening-current-account-deficit-to-weigh-on-q1-gdp\/"},"modified":"2026-06-02T08:40:22","modified_gmt":"2026-06-02T01:40:22","slug":"australia-widening-current-account-deficit-to-weigh-on-q1-gdp","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/australia-widening-current-account-deficit-to-weigh-on-q1-gdp\/","title":{"rendered":"Australia widening current account deficit, to weigh on Q1 GDP"},"content":{"rendered":"<div>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Building Permits m\/m (Apr) -3.4%\n<\/p>\n<ul>\n<li>prior -10.5%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Building Permits y\/y (Apr) +10.2%\n<\/p>\n<ul>\n<li>prior +9.0%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Private House Approvals m\/m (Apr)  -1.0%\n<\/p>\n<ul>\n<li>prior +0.9%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Business Inventories q\/q (Q1) +0.5%\n<\/p>\n<ul>\n<li>prior -0.1%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Company Gross Profits q\/q (Q1)  -1.3%<\/p>\n<ul>\n<li>\nprior +5.8%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Net Exports Contribution to GDP (Q1) -0.8%\n<\/p>\n<ul>\n<li>prior -0.1%<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-pre-wrap leading-[1.7]\">Current Account (Q1) -A$27.1B\n<\/p>\n<ul>\n<li>prior -A$21.1B<\/li>\n<\/ul>\n<p>Earlier:<\/p>\n<ul>\n<li><a href=\"https:\/\/investinglive.com\/centralbank\/rbas-hawkish-harper-hints-herald-hike-20260602\/\" target=\"_blank\" rel=\"follow\" data-article-link=\"true\">RBA&#8217;s hawkish Harper hints herald hike<\/a><\/li>\n<li>Australia minimum wage rises 4.75%<\/li>\n<\/ul>\n<p>                            This article was written by Eamonn Sheridan at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Building Permits m\/m (Apr) -3.4% prior -10.5% Building Permits y\/y (Apr) +10.2% prior +9.0% Private House Approvals m\/m (Apr) -1.0% prior +0.9% Business Inventories q\/q (Q1) +0.5% prior -0.1% Company Gross Profits q\/q (Q1) -1.3% prior +5.8% Net Exports Contribution to GDP (Q1) -0.8% prior -0.1% Current Account (Q1) -A$27.1B prior -A$21.1B Earlier: RBA&#8217;s hawkish [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-431272","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=431272"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431272\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}