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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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Potential Growth and Rebalancing in China

18 Jun 2015 Bulletin – June 2015
Cai Fang and Ivan Roberts
In rapidly growing emerging economies such as China, it can be difficult to distinguish changes in long-term trends in growth from short-term macroeconomic cycles. This article provides a narrative account of recent phases in Chinese economic growth,
https://www.rba.gov.au/publications/bulletin/2015/jun/4.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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Statement on Monetary Policy

10 Feb 2004 Bulletin – February 2004
Overall, the growth of the economy has been driven by well-above-average growth in domestic spending, while the main factors that were holding back growth, particularly in the period up ... Table 1: World GDP Growth. Year-average, per cent. 2002. 2003.
https://www.rba.gov.au/publications/bulletin/2004/feb/1.html

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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Quarterly Report on the Economy and Financial Markets

10 Apr 1995 Bulletin – April 1995
Graph 19. The strong growth in employment over the past year has reduced the rate of unemployment more rapidly than had been expected a year ago. ... Salaries for managers and executives appear to have outpaced average earnings growth in 1994, as in most
https://www.rba.gov.au/publications/bulletin/1995/apr/1.html

Statement on Monetary Policy

10 Feb 2005 Bulletin – February 2005
The latest Consensus forecasts are for global growth of 4.2 per cent in 2005, implying another year of well-above average growth (Table 1). ... Table 1: World GDP Growth. Year-average, per cent. (a). 2003. 2004.
https://www.rba.gov.au/publications/bulletin/2005/feb/1.html

Statement on Monetary Policy

10 May 2003 Bulletin – May 2003
Conditions are still expected to improve from the second half of this year, with growth returning to its long-run average in 2004. ... Table 1: World Growth. Year-average, percentage change. 2001. 2002. 2003. 2004.
https://www.rba.gov.au/publications/bulletin/2003/may/1.html

Semi-Annual Statement on Monetary Policy

10 May 1999 Bulletin – May 1999
less than consumer prices each year, reflecting the faster average productivity growth in the traded goods sector. ... wealth. Year-ended. growth. Average annual. growth since. December 1995. per cent.
https://www.rba.gov.au/publications/bulletin/1999/may/1.html