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RBA Glossary definition for IT

IT – Information Technology

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Overview

4 Nov 2022 SMP – November 2022
It is expected to reach around 8 per cent by the end of 2022. ... Similarly, if the situation requires the Board to hold the cash rate steady for a period, it will do so.
https://www.rba.gov.au/publications/smp/2022/nov/overview.html

Overview

10 Feb 2023 SMP – February 2023
Longer term inflation expectations remain anchored, but it is possible they could move higher. ... If that were to occur, it would make the task of bringing inflation down harder.
https://www.rba.gov.au/publications/smp/2023/feb/overview.html

Overview

5 Aug 2022 SMP – August 2022
The domestic labour market is the tightest it has been in many years. ... It is seeking to do this in a way that keeps the economy on an even keel.
https://www.rba.gov.au/publications/smp/2022/aug/overview.html

Box A: Insights from Liaison

10 Nov 2023 SMP – November 2023
Box A: Insights from Liaison | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/box-a-insights-from-liaison.html

Inflation

4 Nov 2022 SMP – November 2022
Some of these upstream cost pressures have eased in recent months, but it will take some time before this affects the prices paid by consumers. ... Growth in the national accounts measure of average earnings per hour has also risen, although it remains
https://www.rba.gov.au/publications/smp/2022/nov/inflation.html

Economic Outlook

10 Feb 2023 SMP – February 2023
low savings) are finding it hard to adjust to higher interest rates and higher inflation. ... The forecast for wages growth seeks to centralise some of this risk to the wages outlook, but it is possible that feedback could be even stronger than expected.
https://www.rba.gov.au/publications/smp/2023/feb/economic-outlook.html

Economic Outlook

4 Nov 2022 SMP – November 2022
Graph 5.5. A broad range of measures suggest the labour market is the tightest it has been in decades. ... To date, longer term measures of inflation expectations remain well anchored, but it is not assured that this will continue.
https://www.rba.gov.au/publications/smp/2022/nov/economic-outlook.html

Overview

6 May 2022 SMP – May 2022
While aggregate wage growth picked up during 2021, it was no higher than prior to the pandemic. ... It therefore increased the cash rate target by 25 basis points to 35 basis points.
https://www.rba.gov.au/publications/smp/2022/may/overview.html

Overview

4 Feb 2022 SMP – February 2022
The Board judged that it is too early to conclude that inflation is sustainably in the target range. ... It is committed to achieving the inflation target, which remains at the centre of the monetary policy framework.
https://www.rba.gov.au/publications/smp/2022/feb/overview.html

Economic Outlook

5 Aug 2022 SMP – August 2022
the period ahead, though it is too early to tell what impact this is having on agreed wage outcomes. ... It is expected that labour market adjustments will occur mainly through a reduction in hours worked.
https://www.rba.gov.au/publications/smp/2022/aug/economic-outlook.html