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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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Statement on Monetary Policy

10 Nov 2002 Bulletin – November 2002
on a year-average basis (Table 6). ... Table 6: World Growth. Year-average, percentage change. 2001. 2002. (f). 2003.
https://www.rba.gov.au/publications/bulletin/2002/nov/1.html

Statement on Monetary Policy

10 Nov 2003 Bulletin – May 2003
According to a range of surveys, business confidence has now risen to levels consistent with well-above-average growth of the economy, with profits, sales and employment all reported to have ... Graph 1. Table 1: World Growth. Year-average, percentage
https://www.rba.gov.au/publications/bulletin/2003/nov/1.html

Statement on Monetary Policy

10 Nov 2004 Bulletin – November 2004
https://www.rba.gov.au/publications/bulletin/2004/nov/1.html

Commodity Prices and Macroeconomic Policy: An Australian Perspective

10 Jul 2008 Bulletin – July 2008
Glenn Stevens
Table 1: Commodity Prices. Year average. Currency/unit. 2000. 2004. 2008. (a). ... 157. 385. (a) January to May. (b) Year average based on Japanese fiscal year beginning 1 April.
https://www.rba.gov.au/publications/bulletin/2008/jul/2.html

Statement on Monetary Policy

10 May 2004 Bulletin – May 2004
Business surveys reported above-average conditions in the March quarter, though down a little from the end of last year. ... Table 1: World GDP Growth. Year-average, per cent. 2002. 2003. 2004.
https://www.rba.gov.au/publications/bulletin/2004/may/1.html

The Australian Financial System

10 Sep 2009 FSR – September 2009
Net interest income also accounted for most of the regional banks' profits, though its growth has moderated over the past year or so. ... The industry's pre-tax return on equity was around 13 per cent over the same period, compared to a 10-year average
https://www.rba.gov.au/publications/fsr/2009/sep/aus-fin-sys.html

The Australian Financial System

10 Mar 2010 FSR – March 2010
The pre-tax return on equity was 19 per cent in the latest year, in line with the 10-year average (Graph 49). ... Despite growth in overall activity in the half year to December 2009, the scale of risk exposure assumed by the clearing houses supporting
https://www.rba.gov.au/publications/fsr/2010/mar/aus-fin-sys.html

Price-setting Behaviour – Insights from Australian Firms

10 Jun 2010 Bulletin – June 2010
Anna Park, Vanessa Rayner and Patrick D'Arcy
34. 49. Large. 66. 51. (a) Industry shares are calculated using a five-year average of the ratio of industry gross value added to GDP(P), from June 2001 to ... While the share of firms citing cost pressures continued to drift higher into 2008, demand
https://www.rba.gov.au/publications/bulletin/2010/jun/2.html

Forecasting Business Investment Using the Capital Expenditure Survey

10 Sep 2012 Bulletin – September 2012
Natasha Cassidy, Emma Doherty and Troy Gill
To assess the usefulness of Capex expectations, the errors of Capex year-average growth expectations (based on the regression approach) relative to actual growth in the national accounts measure can be ... compared with two naïve forecasts: year-average
https://www.rba.gov.au/publications/bulletin/2012/sep/1.html

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27 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
By contrast, the x-year yield represents an average of expected short-term rates between now and x years ahead, which is harder to interpret. ... x-year-ahead. The influence of overseas developments is more evident in Figure 8, where we plot our
https://www.rba.gov.au/publications/rdp/2018/2018-02/results.html
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