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RBA Glossary definition for billion

billion – One thousand million.

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Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
This suggests that $4–8 billion, or roughly 5–10 per cent of all banknotes on issue, have been lost, destroyed, forgotten about, or are sitting in numismatic collections. ... In 2018, our estimates of the transactional share range from 13 to 44 per
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html

The Shadow Economy

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
2009/10 implies annual underground production of $27 billion and annual nominal spending on illegal drugs of $8 billion. ... billion, or almost 2 per cent of the total value of banknotes on issue.
https://www.rba.gov.au/publications/rdp/2018/2018-12/the-shadow-economy.html

Introduction

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
For example, over the 10 years to June 2018, year-ended growth in the value of outstanding banknotes averaged 6 per cent, bringing the total value to approximately $76 billion. ... This paper aims to provide an estimate of where the approximately $76
https://www.rba.gov.au/publications/rdp/2018/2018-12/introduction.html

Appendix A: Ground-up Calculations

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
While the number has been broadly stable since 2002 at around 200,000, turnover has increased by around two-thirds, from $85 billion to $143 billion.
https://www.rba.gov.au/publications/rdp/2018/2018-12/appendix-a.html

Cash Used in Legitimate Transactions

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
This method suggests that the transactional stock of cash has risen from around $9 billion at the end of 2002 to around $13 billion as at June 2018 (Figure 5). ... In 2018, our estimates of the transactional share range from 13 to 44 per cent of
https://www.rba.gov.au/publications/rdp/2018/2018-12/cash-used-in-legitimate-transactions.html

Lost Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
This suggests that $4–8 billion, or roughly 5–10 per cent of all banknotes on issue, have been lost, destroyed, forgotten about, or are sitting in numismatic collections.
https://www.rba.gov.au/publications/rdp/2018/2018-12/lost-banknotes.html