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RBA Glossary definition for macro economy

macro economy – The economy looked at as a whole or in terms of major components measured by aggregates such as gross domestic product, the balance of payments and related links, in the context of the national economy. This contrasts with microeconomics which focuses upon specific firms or industries.

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5 April 2011 | Minutes of the Monetary Policy Meeting of the Board

19 Apr 2011 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2011
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2011/05042011.html

Accountability and Communication

10 Sep 2012 RBA Annual Report – 2012
Some articles explored structural change in the Australian economy and the regional dimensions of economic growth. ... In addition to explaining current economic conditions, many speeches addressed the longer-term forces shaping the economy and the
https://www.rba.gov.au/publications/annual-reports/rba/2012/accountability.html

6 November 2018 | Minutes of the Monetary Policy Meeting of the Board

20 Nov 2018 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 November 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-11-06.html

Monetary and External Policies

9 Mar 2023 RBA Annual Report – 1980
Economic activity tended to slow, particularly in the United States. In the domestic economy, some aspects improved. ... This situation did not cause marked pressures at the time in the domestic economy.
https://www.rba.gov.au/publications/annual-reports/rba/1980/monetary-external-policies.html

1 December 2009 | Minutes of the Monetary Policy Meeting of the Board

17 Nov 2009 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 December 2009
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2009/01122009.html

International Financial Co-operation

31 Aug 2007 RBA Annual Report – 2007
Governors discussed key issues confronting policy‑makers in both regions, including: the link between the integration of emerging economies into the world economy and global inflation; global imbalances and their implications ... reflects both the
https://www.rba.gov.au/publications/annual-reports/rba/2007/intl-fin-coop.html

Operations in Financial Markets

3 Aug 2000 RBA Annual Report – 2000
When these events occur, they can have adverse effects on the economy both at the macro level – by affecting confidence and inflation expectations – and at the micro level – by affecting resource ... In the event, the overwhelming strength of the
https://www.rba.gov.au/publications/annual-reports/rba/2000/oper-fin-mkts.html

Accountability and Communication

16 Oct 2015 RBA Annual Report – 2015
Photo: Oneill Photographics/Goldman Sachs. Deputy Governor Philip Lowe addressing the Goldman Sachs Annual Global Macro Economic Conference, March 2015. ... payment systems, financial stability, house prices and housing markets, and modelling the
https://www.rba.gov.au/publications/annual-reports/rba/2015/accountability-and-communication.html

Communication and Community Engagement

27 Oct 2022 RBA Annual Report – October 2022
Liaison staff meet regularly with businesses from all sectors of the economy, associations, governments and community organisations from across the country, including in regional areas. ... other disruptions to the Australian economy prior to it being
https://www.rba.gov.au/publications/annual-reports/rba/2022/communication-and-community-engagement.html

Surveillance of the Financial System

3 Aug 1999 RBA Annual Report – 1999
Financial instability and the associated disruption to the normal processes of financial intermediation can impose severe costs on an economy. ... The Bank's involvement in financial markets and its broad macro-economic responsibilities give it a unique
https://www.rba.gov.au/publications/annual-reports/rba/1999/surveillance.html