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RBA Glossary definition for inflation target

inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.

RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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Annual Performance Statement

21 Oct 2021 RBA Annual Report – 2021
Flexible medium-term inflation target to achieve consumer price inflation of between 2 and 3 per cent, on average, over time. ... Over time, this will help achieve the inflation target. The Bank has also remained flexible in the course of achieving
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html

Reserve Bank of Australia Annual Report – 2013

16 Oct 2013 Annual Report
people. Since 1993, this general mandate has found concrete expression in the form of a medium-term inflation target of 2–3 per cent, on average, over the business cycle. ... The Bank is committed to improving the environmental performance of its
https://www.rba.gov.au/publications/annual-reports/rba/2013/

3 August 2021 | Minutes of the Monetary Policy Meeting of the Board

17 Aug 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 August 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-08-03.html

5 August 2008 | Minutes of the Monetary Policy Meeting of the Board

19 Aug 2008 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 August 2008
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2008/05082008.html

2 March 2021 | Minutes of the Monetary Policy Meeting of the Board

16 Mar 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 March 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-03-02.html

1 March 2022 | Minutes of the Monetary Policy Meeting of the Board

15 Mar 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 March 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-03-01.html

2 November 2021 | Minutes of the Monetary Policy Meeting of the Board

16 Nov 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 November 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-11-02.html

7 September 2021 | Minutes of the Monetary Policy Meeting of the Board

7 Sep 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-09-07.html

7 February 2023 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-02-07.html

6 July 2021 | Minutes of the Monetary Policy Meeting of the Board

6 Jul 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 July 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-07-06.html