BoP Current Account Balance for Q3: $A -11.4bn . Deficit narrower than expected.

  • expected $A -13.5bn
  • prior $A -15.5bn

Q3 net exports as a % of GDP, -0.20% ... A MISS. And another weight on tomorrow's Q3 GDP result

  • expected 0.0%
  • prior -0.2%

Speaking of Q3 GDP ... some more data:

  • Australian government spending for consumption down 0.2% in Q3
  • Investment spending by government and public firms down 10.4%

Likely another drag on Q3 GDP (data due for release Wednesday 7 December 2016 at 0030GMT)

Yawn ....

Anyway, here's some music if you've read down this far .... this is apparently quite popular. Not really my thing, but fun nonetheless: