Search: year-average growth
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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Financial Stability and the Financial Health of Australian Mortgagors
8 Dec 2023
Speech
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776KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-12-08.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
9 May 2022
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154KB
of growth, with governments planning significantinfrastructure spending and monetary policy remaining very accommodative. ... A further pick-up in overall wages growth is expected, although this islikely to be a gradual process given the institutional
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-02-11.pdf
The Reserve Bank Review and Monetary Policy
12 Jul 2023
Speech
PDF
232KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-07-12.pdf
Opening Statement to the House ofRepresentatives Standing Committee on Economics
6 Aug 2021
Speech
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156KB
This means that there is a pathway outof the current difficulties this year. ... The critical issue here is the outlook for the economy. As I discussed earlier, weare expecting a return to strong growth next year.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-08-06.pdf
Today's Monetary Policy Decision
6 Jul 2021
Speech
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155KB
The 3-year yield target was introduced in March last year during an exceptional period. ... changes to the inflation rate are accompanied by sustained changes in growth in labour costs.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-07-06.pdf
Today's Monetary Policy Decision
2 Nov 2021
Speech
PDF
146KB
And by the middle of next year, GDP is expected to beback on its pre-Delta path. ... In addition, our business liaison suggests that wage growth remainsmodest, although there are some hotspots.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-11-02.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
5 Feb 2021
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154KB
In the downside scenario, there is little furtherprogress in reducing unemployment this year and wages growth and inflation remain around currentlevels. ... Meeting this condition will require a tighter labour market and strongerwages growth than we are
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-02-05.pdf
The Housing Market and Financial Stability
23 Sep 2021
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322KB
Growth in housingcredit is currently running at an annualised rate of around 7 per cent. ... So sustained strong growth in credit in excess of income growth may result invulnerabilities building in bank and household balance sheets.
https://www.rba.gov.au/speeches/2021/pdf/sp-ag-2021-09-22.pdf
11/03/2020 The Virus and the Australian Economy | Speeches ...
10 Mar 2020
PDF
386KB
Growth over the year was 2 per cent, up from a lowof 1 per cent. ... On the global side, around the turn of the year there were indications that the global economy wascoming out of a soft patch of growth.
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-03-11.pdf
The Outlook for the Housing Market
5 Jul 2018
Speech
PDF
435KB
contribution to growth twoyears ago to being roughly flat over the year to March. ... This depends on population growth and changes in the average number of peoplewho are living in each household.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-07-05.pdf