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RBA Glossary definition for business cycle

business cycle – The period between peaks or troughs of macroeconomic activity.

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Domestic Economic Conditions

10 Feb 2015 SMP – February 2015
Survey measures suggest that business conditions and capacity utilisation have remained around average. ... Youth unemployment, which tends to be particularly sensitive to the business cycle, has increased notably; 270,000 people aged between 15 and 24
https://www.rba.gov.au/publications/smp/2015/feb/dom-eco-cond.html

Domestic Economic Conditions

4 Nov 2022 SMP – November 2022
Graph 2.13. Survey measures of capacity utilisation and investment intentions point to a positive outlook for business investment. ... Non-mining capacity utilisation and business conditions remain elevated; capacity utilisation was around its highest
https://www.rba.gov.au/publications/smp/2022/nov/domestic-economic-conditions.html

Economic Outlook

7 Aug 2020 SMP – August 2020
Business investment is expected to decline significantly this year, led by a sharp fall in non-mining investment. ... A key downside risk would be if there were ongoing cycles of infections and restrictions, which weighed on activity and household and
https://www.rba.gov.au/publications/smp/2020/aug/economic-outlook.html

Statement on Monetary Policy – May 2014

9 May 2014 SMP – May 2014 PDF 2599KB
https://www.rba.gov.au/publications/smp/2014/may/pdf/0514.pdf

4 February 2020 | Minutes of the Monetary Policy Meeting of the Board

18 Feb 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 February 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-02-04.html

Box B: Lags from Activity to the Labour Market

10 May 2014 SMP – May 2014
One explanation for this is that labour market conditions tend to lag the cycle in economic activity. ... This approach provides further evidence that labour market variables tend to lag the business cycle by several quarters, with wage growth again
https://www.rba.gov.au/publications/smp/2014/may/box-b.html

The International Environment

6 Dec 2023 SMP - August 2023 PDF 2387KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/01-the-international-environment.pdf

Economic Outlook

10 Feb 2019 SMP – February 2019
Dwelling investment is likely to be around its peak for this cycle, and is projected to decline over coming years. ... Lower housing prices could limit how much small businesses can borrow when using housing as collateral.
https://www.rba.gov.au/publications/smp/2019/feb/economic-outlook.html

Domestic Financial Conditions

5 Aug 2022 SMP – August 2022
Commitments for new business loans remain well above their average of the past decade. ... The mixed outlook for business lending was reinforced in July by participants at the Reserve Bank's annual Small Business Finance Advisory Panel – drawn from
https://www.rba.gov.au/publications/smp/2022/aug/domestic-financial-conditions.html

Inflation

9 Feb 2023 SMP - February 2023 PDF 1854KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/04-inflation.pdf