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RBA Glossary definition for business cycle

business cycle – The period between peaks or troughs of macroeconomic activity.

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The Economy and Monetary Policy | Reserve Bank of Australia Annual Report - 1995

31 Dec 1995 Annual Report
Most of the large English-speaking countries saw the business cycle upswing continue. ... Over the year to June 1995, total employment rose by 4.8 per cent, a rate of growth equal to any seen in the business cycle expansions of the 1980s.
https://www.rba.gov.au/publications/annual-reports/rba/1995/economy-monetary.html

2.1 Annual Performance Statement for 2022/23

19 Oct 2023 RBA Annual Report – October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.html

Payments System Regulation and Policy Issues

27 Sep 2023 PSB Annual Report – September 2023
Payments System Regulation and Policy Issues | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/payments-system-regulation-and-policy-issues.html

Submission to the Inquiry into Bank Closures in Regional Australia | Financial Sector | Submissions

3 May 2023 Submissions
Graph 3. Graph 4. Declining cash use can also affect businesses willingness to accept cash as a form of payment. ... See Guttmann R, T Livermore and Z Zhang (2023), ‘The Cash-use Cycle in Australia’, RBA Bulletin, March.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-into-bank-closures-in-regional-australia/

The Economy and Monetary Policy | Reserve Bank of Australia Annual Report - 1996

31 Dec 1996 Annual Report
The Bank sees the terms in which the objective is specified – something to be achieved, on average, over the business cycle – as sensible. ... Although aggregate investment has been rising solidly since 1992/93, as a proportion of GDP it remains
https://www.rba.gov.au/publications/annual-reports/rba/1996/economy-monetary.html

Financial Markets | Reserve Bank of Australia Annual Report - 1996

31 Dec 1996 Annual Report
Apart from the course of the US business cycle, two other factors were at work in pushing down bond yields. ... Even in countries not synchronised with the US business cycle, however, bond yields have shown strong relationships with US yields in recent
https://www.rba.gov.au/publications/annual-reports/rba/1996/fin-markets.html

Economic Activity

26 Jun 2023 RBA Annual Report – 1977
a number of western economies) has been much sharper than in earlier cycles. ... In these circumstances, both households and businesses have reduced the scale of their activities, and aggregate demand has remained subdued.
https://www.rba.gov.au/publications/annual-reports/rba/1977/eco-activity.html

Financial Markets and the Bank's Operations | Reserve Bank of Australia Annual Report - 1995

31 Dec 1995 Annual Report
These pressures in the US were transmitted to other countries, including Japan and some European countries, which were barely into the upward phases of their business cycles. ... In other English-speaking countries, which like the US were in a more
https://www.rba.gov.au/publications/annual-reports/rba/1995/fin-markets.html

Oversight of Clearing and Settlement Facilities

12 Sep 2014 PSB Annual Report – 2014
allocation and availability of business risk capital to each of the CS facilities. ... The 2013/14 period saw other important developments in the ASX CS facilities' business and service offerings.
https://www.rba.gov.au/publications/annual-reports/psb/2014/oversight-clearing-set.html

Annual Performance Statement for 2019/20

12 Apr 2020 RBA Annual Report – 2020
cost funding, particularly for those that increased their lending to small and medium-sized businesses. ... The cash rate was equal to the target on all business days until late March 2020.
https://www.rba.gov.au/publications/annual-reports/rba/2020/annual-performance-statement.html