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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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Banknotes

27 Oct 2022 RBA Annual Report – October 2022
Growth over 2021/22 was 7.2 per cent, marginally higher than its 10-year average, but below the growth rates seen during the pandemic in 2020 and 2021. ... 5.9. 7.4. 7.4. 7.2. 10-year average. (a). 3.7. 3.2. 2.5. 6.7.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banknotes.html

2.4 Banknotes

19 Oct 2023 RBA Annual Report – October 2023
Banknotes | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banknotes.html

Banknotes

21 Oct 2021 RBA Annual Report – 2021
17.8 per cent over the 12 months to January 2021 before declining later in the year. ... $100. Total. FY2020/21. 1.0. 0.6. 1.4. 5.9. 7.2. 6.0. 10-year average.
https://www.rba.gov.au/publications/annual-reports/rba/2021/banknotes.html

Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

30 Nov 2021 RDP 2021-11
Gianni La Cava
A negative sentiment shock would cause firms to expect average growth to fall. ... Figure 4: Decomposition of Corporate Sentiment. Company level, financial year average. Notes: (a) Net balance of positive and negative words per 10,000 words.
https://www.rba.gov.au/publications/rdp/2021/2021-11/full.html
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How Risky is Australian Household Debt?

25 Aug 2020 RDP 2020-05
Jonathan Kearns, Mike Major and David Norman
it may be related to the pace of growth in the DTI ratio, not its level). ... 0.960. 0.729. 0.838. Income growth expectations. 0.042. Unemployment rate. 0.005. 0.022.
https://www.rba.gov.au/publications/rdp/2020/2020-05/full.html
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Data and Method

31 Dec 2007 RDP 2007-04
Christopher Kent and John Simon
44.7. 45.0. 40.7. Notes: (a) Ten-year average of annual growth ending in the year shown. ... Even if such a mechanical relationship does exist, its effect will be negligible as our dependent variable is average TFP growth over 10- or 5-year periods.
https://www.rba.gov.au/publications/rdp/2007/2007-04/data-method.html
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Main Equations

8 Oct 2019 RDP 2019-01
Trent Saunders and Peter Tulip
A. H. S. t. 5. y. is the five-year trailing average of adults per dwelling. ... As an expedient, we fix the number of adults per dwelling at its previous five-year average and allow factors that affect household size to enter Equation (2) directly.
https://www.rba.gov.au/publications/rdp/2019/2019-01/main-equations.html
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Estimates

12 Sep 2014 RDP 2014-06
Ryan Fox and Peter Tulip
Estimate. Post-1955 expectations. Ten-year average expectations. Real interest rate (r). 3.3. ... Table 1), and is somewhat greater than the ten-year average of 1.7 per cent.
https://www.rba.gov.au/publications/rdp/2014/2014-06/estimates.html
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Economic Activity in Australia

26 Jun 2023 RBA Annual Report – 1976
After allowing for price changes, the rise in consumption over the two-year period was only about 3 per cent in real terms, little more than the growth in population. ... Largely reflecting the increases granted by the Commission during the year, average
https://www.rba.gov.au/publications/annual-reports/rba/1976/economic-activity-in-australia.html

Results

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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