Search: monetary aggregates
RBA Glossary definition for monetary aggregates
monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector
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The Reserve Bank of Australia - Post Wallis
27 Feb 2001
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When he retired from the Reserve Bank in 1968, there were less thanhalf the number of banks — and only three foreign banks — compared withtoday, all heavily regulated for monetary policy purposes; ... In turn, APRA supplies the Bank with data for
https://www.rba.gov.au/speeches/1999/pdf/sp-ag-281099.pdf
Small Businesses Finance in the Pandemic
4 Feb 2022
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426KB
Policies such as JobKeeper, Boosting Cash Flow for Employers and enhanced taxincentives for investment have reduced costs for businesses, increased household disposable incomeand supported aggregate demand more broadly. ... A wide range of monetary,
https://www.rba.gov.au/speeches/2021/pdf/sp-ag-2021-03-17.pdf
20/09/2018 Money – Born of Credit? | Speeches | ...
19 Sep 2018
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346KB
Table 1: Monetary Aggregates. Measure Description. Currency Notes and coins held by the private non-bank sector. ... a) These descriptions abstract from some detail. See the Financial Aggregates release for more information.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-09-19.pdf
The Year Ahead
7 Feb 2019
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339KB
As a result,aggregate consumption has grown faster than income for the past few years. ... we have maintained a steady setting of monetary policy while the labour marketstrengthens and inflation increases.
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-02-06.pdf
The Next Chapter
25 Sep 2017
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167KB
Some normalisation of monetary conditions globally should be seen as a positive development,although it does carry risks. ... But beyond these effects, monetary policy has little influence onthe economy's potential growth rate.
https://www.rba.gov.au/speeches/2017/pdf/sp-gov-2017-09-21.pdf
Housing and the Economy
17 Oct 2019
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476KB
the yearto the March quarter and reduced aggregate GDP growth by around 0.4 percentage points. ... Monetary policy is concerned about aggregate outcomes for inflation and unemployment.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-10-17.pdf
13/11/2017 Business Investment in Australia | Speeches ...
13 Nov 2017
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381KB
However, aggregate indicators of the availability of finance and borrowing costs hide a great degreeof heterogeneity (Graph 8). ... So it is not a particularly comprehensive guide to either the current levelor outlook for aggregate non-mining investment.
https://www.rba.gov.au/speeches/2017/pdf/sp-dg-2017-11-13.pdf
From Recovery to Expansion
17 Jun 2021
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280KB
As I will discuss shortly, our monetary policy strategy is designedto achieve this. ... At that time, the Board recognised that the pandemic would require an extended period ofvery accommodative monetary policy.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-06-17.pdf
21/02/2018 Household Indebtedness and Mortgage Stress | Speeches | ...
21 Feb 2018
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379KB
From the perspective of monetary policy, high debt levels willinfluence the calibration of interest rate changes. ... The Household Mortgage Debt Indicators graph shows aggregate mortgage debt over aggregatehousehold income (all households, including
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-02-20.pdf
Some Evolving Questions
21 Nov 2017
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Perhaps reflecting this,as well as the recent decline in the unemployment rate, aggregate indicators of household financialstress remain quite low. ... Monetary PolicyI would like to conclude with what all this has meant for monetary policy over the past
https://www.rba.gov.au/speeches/2017/pdf/sp-gov-2017-11-21.pdf