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RBA Glossary definition for depreciation

depreciation – A fall in the value of an asset. In foreign-exchange terms, it is a relative decrease in the value of one currency compared to another.

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Economic Outlook

5 Nov 2020 SMP – November 2020
Tax incentives, which include the accelerated depreciation allowances over the next two years that were introduced in the Australian Government Budget, are expected to encourage some firms to bring forward investment
https://www.rba.gov.au/publications/smp/2020/nov/economic-outlook.html

Overview

17 Feb 2014 SMP - February 2014 PDF 208KB
https://www.rba.gov.au/publications/smp/2014/feb/pdf/overview.pdf

Overview

7 Nov 2013 SMP – November 2013 PDF 59KB
https://www.rba.gov.au/publications/smp/2013/nov/pdf/overview.pdf

Economic Outlook

8 May 2020 SMP – May 2020
These factors will more than offset any price rises that stem from the recent exchange rate depreciation or supply disruptions. ... The outlook for manufactured exports is expected to be lower in the near term because of reduced global demand, although
https://www.rba.gov.au/publications/smp/2020/may/economic-outlook.html

Overview

8 Nov 2019 SMP – November 2019
Food prices have been boosted by the effect of the drought, while consumer durables prices have seen some pass-through of the earlier depreciation of the exchange rate. ... However, this is likely to be offset by a decline in inflation as the effects of
https://www.rba.gov.au/publications/smp/2019/nov/overview.html

Overview

9 Aug 2019 SMP – August 2019
The depreciation over the past year is consistent with the decline in Australian bond yields relative to those in other major markets over that period. ... This has been only partly offset by higher prices for some retail goods affected by the drought or
https://www.rba.gov.au/publications/smp/2019/aug/overview.html

Overview

7 Aug 2020 SMP – August 2020
This appreciation is in line with the currencies of a range of other advanced economies against the backdrop of a broad-based depreciation of the US dollar over recent months.
https://www.rba.gov.au/publications/smp/2020/aug/overview.html

Domestic Financial Conditions

10 Feb 2023 SMP – February 2023
Business credit growth has declined from high levels. The Australian dollar has appreciated noticeably against the US dollar over recent months alongside a broad-based depreciation of the US dollar and ... This has occurred alongside a broad-based
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html

Overview

5 Aug 2022 SMP – August 2022
The Australian dollar has appreciated of late, largely reversing the depreciation over preceding months.
https://www.rba.gov.au/publications/smp/2022/aug/overview.html

Inflation

9 Aug 2019 SMP – August 2019
This is consistent with some pass-through to retail prices from the exchange rate depreciation. ... This reflects the pass-through of the exchange rate depreciation to higher import prices (Graph 4.11).
https://www.rba.gov.au/publications/smp/2019/aug/inflation.html