Search: billion
RBA Glossary definition for billion
billion – One thousand million.
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The Nation's Wealth – Some New Calculations for Australia
1 Jun 1986
RDP
8606
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1986/8606.html
Concluding Comments
1 Jun 1986
RDP
8606
approximation. At June 1985, Australia's total private wealth was valued at $794 billion. ... a value of $361 billion and the new calculations reported here yield a total of $533 billion.
https://www.rba.gov.au/publications/rdp/1986/8606/concluding-comments.html
Introduction
1 Jun 1986
RDP
8606
widely. For example, Norton et al (1982) estimate Australia's total private wealth at $230.5 billion for 1981, while Williams (1983) reports an aggregate figure of $360.5 billion for
https://www.rba.gov.au/publications/rdp/1986/8606/introduction.html
New Calculations of Australia's Aggregate Personal wealth
1 Jun 1986
RDP
8606
Other errors were ignored. The results yield a range of $483 billion to $564 billion. ... Estimated value. $533 billion. Change for assumed maximum. residential land and housing error.
https://www.rba.gov.au/publications/rdp/1986/8606/new-calculations-of-australias-aggregate-personal-wealth.html
Appendix 2: Detailed Data Sources
1 Jun 1986
RDP
8606
9). Total Net. Non-Official. Holdings of. Govt Bonds. (3)(5)(8). $ billion.
https://www.rba.gov.au/publications/rdp/1986/8606/appendix-2.html
Concepts, Methods and Earlier Estimates of Australia's wealth
1 Jun 1986
RDP
8606
More recent unpublished Reserve Bank revisions to this series have increased the June 1981 estimate to $295 billion. ... On the other hand, Raskall's valuation of residential land and buildings ($31 billion) is only two-thirds of Williams' ($46 billion)
https://www.rba.gov.au/publications/rdp/1986/8606/concepts-methods-and-earlier-estimates-of-australias-wealth.html