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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

30 Nov 2021 RDP 2021-11
Gianni La Cava
A negative sentiment shock would cause firms to expect average growth to fall. ... Figure 4: Decomposition of Corporate Sentiment. Company level, financial year average. Notes: (a) Net balance of positive and negative words per 10,000 words.
https://www.rba.gov.au/publications/rdp/2021/2021-11/full.html
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How Risky is Australian Household Debt?

25 Aug 2020 RDP 2020-05
Jonathan Kearns, Mike Major and David Norman
it may be related to the pace of growth in the DTI ratio, not its level). ... 0.960. 0.729. 0.838. Income growth expectations. 0.042. Unemployment rate. 0.005. 0.022.
https://www.rba.gov.au/publications/rdp/2020/2020-05/full.html
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Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

25 Nov 2021 RDP PDF 1696KB
would cause firms to expect average growth to fall. A negative uncertainty shock would lead firms. ... 11. Figure 4: Decomposition of Corporate Sentiment. Company level, financial year average.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-11.pdf

Data and Method

31 Dec 2007 RDP 2007-04
Christopher Kent and John Simon
44.7. 45.0. 40.7. Notes: (a) Ten-year average of annual growth ending in the year shown. ... Even if such a mechanical relationship does exist, its effect will be negligible as our dependent variable is average TFP growth over 10- or 5-year periods.
https://www.rba.gov.au/publications/rdp/2007/2007-04/data-method.html
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Main Equations

8 Oct 2019 RDP 2019-01
Trent Saunders and Peter Tulip
A. H. S. t. 5. y. is the five-year trailing average of adults per dwelling. ... As an expedient, we fix the number of adults per dwelling at its previous five-year average and allow factors that affect household size to enter Equation (2) directly.
https://www.rba.gov.au/publications/rdp/2019/2019-01/main-equations.html
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How Risky is Australian Household Debt?

19 Aug 2020 RDP PDF 1880KB
younger-than-average, with less time to have accumulated wealth. These latter two observations. ... that it is the interaction between population growth and zoning restrictions that matter.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf

Estimates

12 Sep 2014 RDP 2014-06
Ryan Fox and Peter Tulip
Estimate. Post-1955 expectations. Ten-year average expectations. Real interest rate (r). 3.3. ... Table 1), and is somewhat greater than the ten-year average of 1.7 per cent.
https://www.rba.gov.au/publications/rdp/2014/2014-06/estimates.html
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Results

27 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
By contrast, the x-year yield represents an average of expected short-term rates between now and x years ahead, which is harder to interpret. ... x-year-ahead. The influence of overseas developments is more evident in Figure 8, where we plot our
https://www.rba.gov.au/publications/rdp/2018/2018-02/results.html
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Anticipatory Monetary Policy and the ‘Price Puzzle’

18 May 2017 RDP PDF 2157KB
For these quarters, we interpolate forecasts using official forecasts from neighbouring quarters and Consensus forecasts for year-average growth in headline CPI and GDP. ... the coming and following December quarter along with Consensus forecasts for year
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-02.pdf

Productivity Growth: The Effect of Market Regulations

2 Dec 2009 RDP PDF 470KB
2. Figure 1: TFP – Business Sector Rolling 10-year average of annual growth. ... Average 1.30 1.41 1.42 5.0 4.9 3.8 2.1 –28.1 –21.6 –23.7 Notes: (a) Ten-year average of annual growth ending in
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-04.pdf