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.
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The Year Ahead
3 Feb 2021
Speech
Speech delivered by Philip Lowe, Governor, to National Press Club of Australia, Canberra
https://www.rba.gov.au/speeches/2021/sp-gov-2021-02-03.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 Feb 2021
Media Releases
At its meeting today, the Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility. It also decided to purchase an
https://www.rba.gov.au/media-releases/2021/mr-21-01.html
The Why, How and What of Forecasting
3 May 2023
Speech
Speech delivered by Marion Kohler, Head of Economic Analysis Department, to CEDA, Perth
https://www.rba.gov.au/speeches/2023/sp-so-2023-05-03.html
A Balance of Payments
27 Aug 2019
Speech
Speech delivered by Guy Debelle, Deputy Governor, to the Economic Society of Australia, Canberra
https://www.rba.gov.au/speeches/2019/sp-dg-2019-08-27.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
4 May 2021
Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-06.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 May 2022
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-12.html
The Recovery, Investment and Monetary Policy
10 Mar 2021
Speech
Speech delivered by Philip Lowe, Governor, AFR Business Summit, Sydney
https://www.rba.gov.au/speeches/2021/sp-gov-2021-03-10.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Dec 2020
Media Releases
In the RBA's central scenario, it will not be until the end of 2021 that the level of GDP reaches the level attained at the end of 2019. ... In the central scenario, GDP is expected to grow by around 5 per cent next year and 4 per cent over 2022.
https://www.rba.gov.au/media-releases/2020/mr-20-32.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
5 Oct 2021
Media Releases
The Delta outbreak has interrupted the recovery of the Australian economy and GDP is expected to have declined materially in the September quarter.
https://www.rba.gov.au/media-releases/2021/mr-21-22.html
Uncertainty and Risk Aversion – Before and After the Pandemic
2 Jun 2021
Speech
Speech delivered by Brad Jones, Head of Economic Analysis, at the Minerals Week Australia-Asia Investment Outlook, Canberra
https://www.rba.gov.au/speeches/2021/sp-so-2021-06-02.html