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RBA Glossary definition for year-ended growth

year-ended growth – The rate of change between the period and the equivalent period in the previous year, where the period is typically a month or a quarter. For example 'year-ended growth June 2012' means the percentage change between June 2011 and June 2012. It can also be referred to as 'growth over the year' or 'through-the-year growth'.

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Credit Loss Modelling

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
For a 2 percentage point fall in year-ended GDP growth, the calculated PD increases by around 1 percentage point. ... Figure 5: Change in Business PD Estimates. Note: (a) Year-ended GDP growth.
https://www.rba.gov.au/publications/rdp/2022/2022-03/credit-loss-modelling.html

Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
For a 2 percentage point fall in year-ended GDP growth, the calculated PD increases by around 1 percentage point. ... Figure 5: Change in Business PD Estimates. Note: (a) Year-ended GDP growth.
https://www.rba.gov.au/publications/rdp/2022/2022-03/full.html

Appendix A: Model Specifications

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
The model updates default rates based on changes in year-ended GDP growth. (. ... G. D. P. Y. E. ,. t. ). which are constructed from quarterly GDP growth.
https://www.rba.gov.au/publications/rdp/2022/2022-03/appendix-a.html