Search: aggregate demand
RBA Glossary definition for aggregate demand
aggregate demand – Gross domestic product as measured by the sum of final expenditure on goods and services produced.
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8/30/2019 Panel participation by Philip Lowe, Governor, at the ...
30 Aug 2019
Speech
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184KB
As we have discussed at the symposium, growth in aggregate output and incomes in manycountries is weaker than we would like and there are clear downside risks. ... If thislever could be used, it could boost aggregate demand and support future productivity
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-08-25.pdf
22/09/2020 New Financial Statistics: The Value of Sound Data ...
22 Sep 2020
Speech
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172KB
One example is the financial aggregates, which are producedby the Reserve Bank. ... In contrast, the volume of lending to SMEs has been little changed since the onset of the pandemic.This could reflect a lack of demand for new loans, due to the
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-09-17.pdf
Today's Reduction in the Cash Rate
5 Jun 2019
Speech
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504KB
The demand for credit has alsoslowed due to the changed dynamics of the housing market and slower income growth. ... In aggregate, the household sector pays around two dollars ininterest for every dollar it receives in interest income.
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-06-04.pdf
20/09/2018 Money – Born of Credit? | Speeches | ...
19 Sep 2018
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346KB
a) These descriptions abstract from some detail. See the Financial Aggregates release for more information. ... Again, the demand for and supply of credit is the real driver ofmoney.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-09-19.pdf
The Labour Market and Monetary Policy
8 Jul 2021
Speech
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421KB
This hascontributed to labour shortages in some areas given the strong pick-up in labour demand. ... So there is someuncertainty about how aggregate wages will respond at lower rates of unemployment.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-07-08.pdf
The RBA and the Australian Economy
16 Dec 2021
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367KB
anda supply side that has had trouble keeping pace with very strong demand for goods during thepandemic. ... The RBA isexpecting wages growth to pick up further but, at the aggregate level, to so do only gradually.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-12-16.pdf
08/08/2019 Financial Stability Through the Lens of Business | ...
7 Aug 2019
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1048KB
In aggregate, profits of listed non-financial corporations have looked healthy over recent years. ... In contrast to the retail sector, miningfirms in aggregate have experienced improved conditions recently, driven by increased commodityprices.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-08-08.pdf
Financial Stability in Uncertain Times
24 Nov 2020
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1105KB
The aggregate capital ratio of the banks is nearly double what it was prior to the GFC. ... Demand for housing and housing prices have so far held up (Graph 11).
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-10-27.pdf
14/08/2020 Opening Statement to the House of Representatives Standing ...
13 Aug 2020
Speech
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129KB
Another consideration is the growing impact of an extended period of weak aggregate demand. ... Critical to reversing this is stronger growth in aggregate demand. A third consideration is that people's attitudes to spending are changing because of the
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-08-14.pdf
Housing and the Economy
17 Oct 2019
Speech
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476KB
While the increase in supply has finally met the earlier increase in demand,demand will continue to grow given population growth but supply is going to decline. ... In addition, it is possible that prices had fallen far enough to rekindle some demand.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-10-17.pdf