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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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Domestic Economic Condition

10 May 2006 SMP – May 2006
Generally positive business conditions were reported in most other surveys, such as the Sensis and St. ... The outlook for business investment is favourable, given the good prospects for growth in the domestic and world economies.
https://www.rba.gov.au/publications/smp/2006/may/dom-eco-cond.html

Domestic Economic Conditions

7 Feb 2006 SMP – February 2006
Business conditions generally continue to be favourable, as evidenced by strong growth in profits and investment. ... Both business surveys and liaison indicate that firms continue to face difficulty attracting suitable labour.
https://www.rba.gov.au/publications/smp/2006/feb/dom-eco-cond.html

Domestic Economic Conditions

27 Nov 2017 SMP – November 2017
The adjustment of the Australian economy to the cycle in mining investment is well advanced. ... As noted earlier, the large pipeline of public infrastructure spending should continue to have positive flow-on effects to private business investment.
https://www.rba.gov.au/publications/smp/2017/nov/domestic-economic-conditions.html

Domestic Economic Conditions

10 Feb 2008 SMP – February 2008
Compared with previous cycles, trends in housing construction have been quite divergent across the states in recent years (Graph 35). ... While disruptions in capital markets over the past six months have resulted in an increase in external funding
https://www.rba.gov.au/publications/smp/2008/feb/dom-eco-cond.html

International Economic Developments

10 Aug 2009 SMP – August 2009
In part, this is a result of substantial policy stimulus in many of these economies, as well as the dynamics of the inventories cycle (see ‘Box A: Inventories and the Business ... Cycle’). Among east Asian economies, the rebound has been most marked
https://www.rba.gov.au/publications/smp/2009/aug/intl-eco-dev.html

Domestic Economic Conditions

10 May 2012 SMP – May 2012
Measures of business and consumer sentiment remain around, or a little below, long-run average levels. ... Residential building activity fell over 2011 to be around the lows of some earlier cycles in dwelling investment (Graph 3.8).
https://www.rba.gov.au/publications/smp/2012/may/dom-eco-cond.html

Economic Outlook

10 Aug 2017 SMP – August 2017
This investment cycle has been unusual compared with previous episodes because investment typically picks up quite sharply after a period of weakness. ... If a turning point in non-mining business investment becomes apparent, there could be a substantial
https://www.rba.gov.au/publications/smp/2017/aug/economic-outlook.html

Domestic Economic Conditions

10 Aug 2006 SMP – August 2006
Positive business conditions were also reported in the ACCI Survey of Investor Confidence and the St. ... It appears that businesses' margins are being squeezed by rising material and labour costs.
https://www.rba.gov.au/publications/smp/2006/aug/dom-eco-cond.html

Domestic Economic Conditions

10 May 2009 SMP – May 2009
There are positive signs in the forward-looking indicators and from the Bank's business liaison. ... The indicators generally point to a decline in business investment in 2009 (Graph 38).
https://www.rba.gov.au/publications/smp/2009/may/dom-eco-cond.html

Price and Wage Developments

10 Aug 2016 SMP – August 2016
Utilities inflation has been low since 2014, following a period of high inflation that was driven by a variety of factors not closely linked to the business cycle, including: a move
https://www.rba.gov.au/publications/smp/2016/aug/price-and-wage-developments.html