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RBA Glossary definition for billion

billion – One thousand million.

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The International Environment

5 May 2023 SMP – May 2023
The International Environment | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/the-international-environment.html

The International Environment

4 Aug 2023 SMP – August 2023
The International Environment | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/the-international-environment.html

Domestic Financial Conditions

4 Nov 2022 SMP – November 2022
Covered bond issuance remained relatively high at $5.5 billion over this time. ... The three major miners again represented a large share of total dividends, with $27 billion announced.
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html

Overview

6 Aug 2021 SMP – August 2021
The Board also decided to continue with the bond purchase program once the second $100 billion of purchases is completed in September. ... The purchases until at least November will be at the rate of $4 billon a week, rather than the current $5 billion
https://www.rba.gov.au/publications/smp/2021/aug/overview.html

Domestic Economic Conditions

10 Feb 2023 SMP – February 2023
Additional savings accumulated by households since the beginning of the pandemic are estimated to amount to close to $300 billion, equivalent to around 20 per cent of annual disposable income.
https://www.rba.gov.au/publications/smp/2023/feb/domestic-economic-conditions.html

Domestic Financial Conditions

6 May 2022 SMP – May 2022
billion from $105 billion, and plans to issue $125 billion of nominal AGS in the next financial year. ... In April, the AOFM issued $15 billion of the new November 2033 AGS via syndication.
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html

Domestic Economic Conditions

5 May 2023 SMP – May 2023
Domestic Economic Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-economic-conditions.html

Box B: An Update on the Impact of the Natural Disasters in Queensland

10 May 2011 SMP – May 2011
The agricultural and tourism sectors have also been significantly affected. Losses to agricultural production, as calculated by rural agencies, are in the order of $2 billion. ... Under the Natural Disaster Relief and Recovery Arrangements, the Federal
https://www.rba.gov.au/publications/smp/2011/may/box-b.html

Domestic Financial Conditions

4 Feb 2022 SMP – February 2022
Total bond purchases since the start of the pandemic amount to $360 billion. ... Dividends paid of over $100 billion during 2021 exceeded the previous high in 2019.
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html

Overview

6 May 2021 SMP – May 2021
At its July meeting, the Board will also consider whether to undertake further government bond purchases following the completion in September of the second $100 billion of purchases under the government ... Banks have drawn $102 billion under the
https://www.rba.gov.au/publications/smp/2021/may/overview.html