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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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The Yield and Market Function Effects of the Reserve Bank of Australia’s Bond Purchases

19 May 2022 RDP PDF 1938KB
the expected average overnight cash rate over the term of the OIS contract. ... largest at the 10-year point at around 30 basis points (Figure 5).
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-02.pdf

Non-technical summary for 'Did Labour Market Concentration Lower Wages Growth Pre-COVID?'

28 Feb 2023 RDP PDF 139KB
RDP 2023-02 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-02/rdp-2023-02-non-technical-summary.pdf

Read me file for Wage Growth Puzzles and Technology

23 Sep 2018 RDP PDF 334KB
RDP 2018-10 supplementary information
https://www.rba.gov.au/publications/rdp/2018/2018-10/rdp-2018-10-read-me.pdf

Macroprudential Limits on Mortgage Products: The Australian Experience

4 Aug 2021 RDP PDF 2345KB
commitments growth of 51 percentage points across these 2 quarters, for the average bank.12 There. ... 20. 40. %. Occupier mortgages. Investor mortgages. Banks exceeding 10% year-ended investor credit growth(a).
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-07.pdf

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

20 Aug 2019 RDP PDF 1571KB
labour productivity growth, trend population growth and trend average hours worked.12 Together,. ... The decline in average. hours worked has made a small subtraction from potential growth over recent decades.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

14 Feb 2020 RDP PDF 1878KB
prices, when in reality it is stronger expected economic growth that drives both. ... Housing supply conditions Average sales price Average sales price More. Average price growth Less.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-02.pdf

Central Bank Communication: One Size Does Not Fit All

24 Oct 2021 RDP PDF 2180KB
averages should be a reasonable representation of the average characteristics of the various. ... Almost every economist assessed their economic literacy as somewhat above average (4) or above.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-05.pdf

The Rise in Household Liquidity

24 Nov 2021 RDP PDF 1793KB
The growth in liquidity is closely connected to developments in the housing market. ... buffers than those without offset accounts, on average. More notably, these households also.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-10.pdf

Read me file for Is Declining Union Membership Contributing to Low Wages Growth?

2 Apr 2019 RDP PDF 525KB
RDP 2019-02 supplementary information
https://www.rba.gov.au/publications/rdp/2019/2019-02/rdp-2019-02-read-me.pdf

Start Spreading the News: News Sentiment and Economic Activity in Australia

21 Dec 2020 RDP PDF 1524KB
growth. This suggests the NSI provides limited information content at a lower (quarterly) frequency. ... monetary policy shock. The resulting series of coefficient estimates gives us the conditional average.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-08.pdf