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RBA Glossary definition for inflation target

inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.

RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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Annual Performance Statement for 2015/16

24 Oct 2016 RBA Annual Report – 2016
During 2015/16, monetary policy remained focused on the medium-term inflation target, which allows the Bank to foster sustainable economic growth in Australia and maintain inflation of between 2 and ... This is consistent with the medium-term inflation
https://www.rba.gov.au/publications/annual-reports/rba/2016/annual-performance-statement.html

Governor's Foreword

12 Apr 2020 RBA Annual Report – 2020
The Bank also adopted a target for the 3-year Australian Government bond yield for the first time. ... It is likely, though, that Australia will experience relatively high unemployment over the next couple of years and that inflation will be below target.
https://www.rba.gov.au/publications/annual-reports/rba/2020/governors-foreword.html

Economic Developments | Reserve Bank of Australia Annual Report - 1987

30 Jun 1987 Annual Report
1986/87 was characterised by slow economic growth, relatively high inflation and a large current account deficit. ... The rate of inflation remained high, exceeding that of most of Australia's trading partners by an increased margin.
https://www.rba.gov.au/publications/annual-reports/rba/1987/eco-development.html

Overview | Reserve Bank of Australia Annual Report - 1986

30 Jun 1986 Annual Report
The economy was growing strongly, but inflation was double that in the major economies abroad and there was a rapidly growing external imbalance on current account. ... However, with the terms of trade still weakening, policy is chasing a moving target,
https://www.rba.gov.au/publications/annual-reports/rba/1986/overview.html

RBA Annual Report 1999 - The Reserve Bank in the Community

21 Feb 2001 Annual Report PDF 84KB
Other recentspeeches have covered the Australian experience of inflation targeting, and thecauses and effects of the recent Asian financial crisis. ... Articles in the Bank’s Bulletin contribute to the general debate on public policy.These have
https://www.rba.gov.au/publications/annual-reports/rba/1999/pdf/rba-community.pdf

Economic Developments | Reserve Bank of Australia Annual Report - 1985

30 Jun 1985 Annual Report
Inflation rates remained stable or, in some cases, fell further in 1984/85. ... in the first half of 1985 was above target in some of these countries.
https://www.rba.gov.au/publications/annual-reports/rba/1985/eco-developments.html

Functions and Objectives of the Reserve Bank

20 Aug 2009 RBA Annual Report – 2009
For more than 15 years now, this general mandate has found concrete expression in the form of a medium-term inflation target. ... Monetary policy aims to keep the rate of consumer price inflation at 2–3 per cent, on average, over the cycle.
https://www.rba.gov.au/publications/annual-reports/rba/2009/functions.html

Reserve Bank of Australia Annual Report 2015 - Governor’s Foreword

22 Oct 2015 RBA Annual Report 2015 PDF 131KB
https://www.rba.gov.au/publications/annual-reports/rba/2015/pdf/governors-foreword.pdf

Financial Market Infrastructures

21 Oct 2021 PSB Annual Report - 2021 PDF 713KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/financial-market-infrastructures.pdf

The Reserve Bank in the Community

3 Aug 1999 RBA Annual Report – 1999
Other recent speeches have covered the Australian experience of inflation targeting, and the causes and effects of the recent Asian financial crisis. ... contribute to the general debate on public policy. These have included the implications of changes
https://www.rba.gov.au/publications/annual-reports/rba/1999/rba-community.html