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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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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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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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Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

25 Nov 2021 RDP PDF 1696KB
would cause firms to expect average growth to fall. A negative uncertainty shock would lead firms. ... 11. Figure 4: Decomposition of Corporate Sentiment. Company level, financial year average.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-11.pdf

How Risky is Australian Household Debt?

19 Aug 2020 RDP PDF 1880KB
younger-than-average, with less time to have accumulated wealth. These latter two observations. ... that it is the interaction between population growth and zoning restrictions that matter.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf

Cost-benefit Analysis of Leaning against the Wind

5 Jul 2019 RDP PDF 1512KB
0.6. 0.0. 0.6. ppt. Level. Year-ended. growth. D: Probability of a crisis. ... which the benefits of leaning against the wind exceed costs. (b) Year-ended growth.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-05.pdf

A Model of the Australian Housing Market

5 Mar 2019 RDP PDF 1639KB
of underlying demand, divided by a five-year trailing average of adults per dwelling.9. ... As an. expedient, we fix the number of adults per dwelling at its previous five-year average and allow.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-01.pdf

Estimates

12 Sep 2014 RDP 2014-06
Ryan Fox and Peter Tulip
Estimate. Post-1955 expectations. Ten-year average expectations. Real interest rate (r). 3.3. ... Table 1), and is somewhat greater than the ten-year average of 1.7 per cent.
https://www.rba.gov.au/publications/rdp/2014/2014-06/estimates.html
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Economic Activity in Australia

26 Jun 2023 RBA Annual Report – 1976
After allowing for price changes, the rise in consumption over the two-year period was only about 3 per cent in real terms, little more than the growth in population. ... Largely reflecting the increases granted by the Commission during the year, average
https://www.rba.gov.au/publications/annual-reports/rba/1976/economic-activity-in-australia.html

PSB Board Annual Report 2019

20 May 2020 Annual Report PDF 3893KB
https://www.rba.gov.au/publications/annual-reports/psb/2019/pdf/2019-psb-annual-report.pdf

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27 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
By contrast, the x-year yield represents an average of expected short-term rates between now and x years ahead, which is harder to interpret. ... x-year-ahead. The influence of overseas developments is more evident in Figure 8, where we plot our
https://www.rba.gov.au/publications/rdp/2018/2018-02/results.html
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