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RBA Glossary definition for tradables

tradables – Tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements. By comparison, non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically.

RBA Glossary definition for non-tradables

non-tradables – Non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically. By comparison, tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements, whereas the prices of non-tradables largely reflect domestic factors.

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The Economy in late 2008: Conditions and Prospects

11 Dec 2008 Bulletin PDF 189KB
Address by Dr Malcolm Edey, Assistant Governor (Economic), to Australia & Japan Economic Outlook Conference 2008, Sydney, 19 November 2008.
https://www.rba.gov.au/publications/bulletin/2008/dec/pdf/bu-1208-4.pdf

The Australian Economy and Financial Markets

2 May 2024 Chart Pack PDF 5792KB
The Australian Economy and Financial Markets - May 2024
https://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf

The Openness Equation

31 Dec 2004 RDP 2004-11
Simon Guttmann and Anthony Richards
While it is conceivable that the price of tradables across countries will approximately follow the law of one price, there is ample evidence that this does not hold for the price ... of non-tradables.
https://www.rba.gov.au/publications/rdp/2004/2004-11/openness-equation.html

Australia's Productivity Performance and Real Incomes

10 Jun 2012 Bulletin – June 2012
Patrick D'Arcy and Linus Gustafsson
to somewhat stronger non-tradables inflation over the past decade compared with the 1990s. ... This compares with non-tradables inflation of around 3 per cent on average between 1994/95 and 2004/05, and overall inflation of 2 per cent.
https://www.rba.gov.au/publications/bulletin/2012/jun/3.html

The Resources Boom and the Australian Economy: A Sectoral Analysis

26 Mar 2013 Bulletin PDF 617KB
Reserve Bank of Australia Bulletin March 2013
https://www.rba.gov.au/publications/bulletin/2013/mar/pdf/bu-0313-5.pdf

The Resource Boom and Structural Change

31 Dec 2013 RDP 2013-03
Michael Plumb, Christopher Kent and James Bishop
fall in the price of tradable goods and services relative to the price of non-tradables (which tend to diminish demand for non-tradables relative to tradables). ... Other factors less directly related to the resource investment boom also contributed to
https://www.rba.gov.au/publications/rdp/2013/2013-03/resource-boom-struct-change.html
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Statement on Monetary Policy

10 Nov 2002 Bulletin – November 2002
Graph 21. Non-Japan Asia has been an area of relative economic strength so far in 2002. ... Manufacturing production in non-Japan Asia has expanded rapidly over the past year (Graph 23).
https://www.rba.gov.au/publications/bulletin/2002/nov/1.html

Statement on Monetary Policy

10 Aug 2005 Bulletin – August 2005
Statement on Monetary Policy-August 2005
https://www.rba.gov.au/publications/bulletin/2005/aug/1.html

Statement on Monetary Policy

10 Nov 2005 Bulletin – November 2005
Statement on Monetary Policy-November 2005
https://www.rba.gov.au/publications/bulletin/2005/nov/1.html

Australia’s Productivity Performance and Real Incomes

20 Jun 2012 Bulletin PDF 743KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-3.pdf