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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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7 February 2012 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2012 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2012
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2012/07022012.html

3 May 2016 | Minutes of the Monetary Policy Meeting of the Board

17 May 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 3 May 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-05-03.html

Trade Costs and Some Puzzles in International Macroeconomics

10 Oct 2007 RDP PDF 300KB
There is some evidence that non-tradables can explain the consumption correlation puzzle (Lewis 1996). ... This might be because non-tradables lead to a correlation between domestic consumption and output.
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-10.pdf

Further Robustness Checks

31 Dec 2007 RDP 2007-10
Luke Willard
Moreover, it may also be better able to capture the extent of non-tradables, which are likely to lead to deviations between prices faced by locals and foreigners.
https://www.rba.gov.au/publications/rdp/2007/2007-10/further-robustness-checks.html
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2 August 2016 | Minutes of the Monetary Policy Meeting of the Board

16 Aug 2016 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 2 August 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-08-02.html

2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

Wrap-up Discussion

13 Dec 2011 Conferences PDF 623KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/wrap-up-disc-2011.pdf

7 February 2017 | Minutes of the Monetary Policy Meeting of the Board

21 Feb 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 February 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-02-07.html

1 August 2017 | Minutes of the Monetary Policy Meeting of the Board

15 Jul 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 August 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-08-01.html

2 May 2017 | Minutes of the Monetary Policy Meeting of the Board

16 May 2017 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2017
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2017/2017-05-02.html