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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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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

A Model of the Australian Housing Market

1 Mar 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/full.html

Appendix D: Variable List

8 Oct 2019 RDP 2019-01
Trent Saunders and Peter Tulip
Australia. RBA statistical table G3 Inflation Expectations. From 1986:Q3 we use quarterly averages of 10-year bond break-even rates; before this the data are spliced using five-year average ... rinc’ divided by adult population (‘wap’). i_10y_bond.
https://www.rba.gov.au/publications/rdp/2019/2019-01/appendix-d.html