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RBA Glossary definition for Indicative

Indicative – Data are not necessarily observed but calculated from reference points. For a financial asset or product, an �indicative� price may not necessarily correspond to the price at which dealers in that market would execute transactions; for an example see Notes for Table F11.

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The Why, How and What of Forecasting

5 May 2023 Speech PDF 745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf

The Evolving Financial Situation

18 Mar 2010 Speech PDF 167KB
Indeed, these spreads are really only indicative as very little trading was occurring in that period in any market.
https://www.rba.gov.au/speeches/2010/pdf/sp-ag-160210.pdf

Lessons and Questions from the GFC

6 Dec 2018 Speech PDF 302KB
The correlation between the Australiandollar and the US equity markets through those periods was indicative of the extremely high degreeof co-movement across all markets.
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-12-06.pdf