Search: GDP
RBA Glossary definition for GDP
GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.
Search Results
Statistical Tables
10 May 2024
Statistics
Statistical Tables. This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. These tables are subject to revisions and may be withdrawn or discontinued at any
https://www.rba.gov.au/statistics/tables/
Historical Forecasts
9 Mar 2023
Statistics
Historical Forecasts. These data tables contain the central estimates of the Bank's historical forecasts for consumer price inflation, underlying inflation, GDP growth and the unemployment rate since 1990.
https://www.rba.gov.au/statistics/historical-forecasts.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Sep 2021
Media Releases
GDP increased by 0.7 per cent in the June quarter and by nearly 10 per cent over the year. ... GDP is expected to decline materially in the September quarter and the unemployment rate will move higher over coming months.
https://www.rba.gov.au/media-releases/2021/mr-21-19.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Mar 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-07.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Nov 2021
Media Releases
The central forecast is for GDP growth of 3 per cent over 2021 and 5 per cent and 2 per cent over the following two years.
https://www.rba.gov.au/media-releases/2021/mr-21-24.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Feb 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-04.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 May 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-10.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Nov 2022
Media Releases
The Banks central forecast for GDP growth has been revised down a little, with growth of around 3 per cent expected this year and 1 per cent in 2023 and 2024.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Aug 2023
Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-19.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Aug 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-21.html