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RBA Glossary definition for aggregate supply

aggregate supply – Gross domestic product as measured by the value of goods and services produced.

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International Financial Cooperation

9 Aug 2023 RBA Annual Report - 2022 PDF 555KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/international-financial-cooperation.pdf

The Year in Brief

2 Aug 2023 RBA Annual Report – 1975
Over the six months to March 1975 the money supply grew at an annual rate of 25 per cent. ... Money supply continued to grow strongly over the final months of the year; in the June quarter the underlying annual growth rate remained in excess of 20 per
https://www.rba.gov.au/publications/annual-reports/rba/1975/year-in-brief.html

The Australian Economy

24 Jul 2023 RBA Annual Report – 1975
the conventional minimum of 18 per cent; these loans reached a maximum level equal to some 3 per cent of aggregate bank deposits in late July. ... When banks were asked in March not to expand further their aggregate provision of new finance, the request
https://www.rba.gov.au/publications/annual-reports/rba/1975/australian-economy.html

Problems of Economic Management

24 Jul 2023 RBA Annual Report – 1975
resources; very fast growth in the money supply; and a build-up of excess demand, wage demands, and inflation. ... Mostly as a result of the size of the Budget deficit, the money supply began rising at a very rapid pace.
https://www.rba.gov.au/publications/annual-reports/rba/1975/problems-of-economic-management.html

Economic Developments Abroad

24 Jul 2023 RBA Annual Report – 1975
Due to a tight supply situation, food prices continued to rise strongly during the first half of 1974/75. ... Interest rates remained high and the rate of growth of money supplies declined.
https://www.rba.gov.au/publications/annual-reports/rba/1975/economic-developments-abroad.html

Economic Activity in Australia

26 Jun 2023 RBA Annual Report – 1976
Aggregate supplies had to adjust to a sharp reduction in final demand during 1974/5; imports fell particularly sharply after September 1974 and domestic production was reduced as excessive inventories were ... Aggregate income of other unincorporated
https://www.rba.gov.au/publications/annual-reports/rba/1976/economic-activity-in-australia.html

Economic Activity

26 Jun 2023 RBA Annual Report – 1977
In these circumstances, both households and businesses have reduced the scale of their activities, and aggregate demand has remained subdued. ... two years, aggregate turnover of goods and services looks to have been about 5 per cent higher in 1976/77
https://www.rba.gov.au/publications/annual-reports/rba/1977/eco-activity.html

Monetary Policy and Financial Developments

26 Jun 2023 RBA Annual Report – 1977
But there were substantial fluctuations in the growth of the money supply during the year. ... of financial aggregates required a series of adjustments of the instruments of policy.
https://www.rba.gov.au/publications/annual-reports/rba/1977/monetary-policy-and-financial-developments.html

The Economy and Economic Policies in 1976/77

26 Jun 2023 RBA Annual Report – 1977
firmer, and monetary aggregates grew considerably more slowly in the second half of the year. ... The Budget outturn was close to the figure initially projected, and the rate of growth of the money supply was again stepped down.
https://www.rba.gov.au/publications/annual-reports/rba/1977/eco-eco-policies.html

Economic Management and Monetary Policy

26 Jun 2023 RBA Annual Report – 1977
A policy aimed at providing a strong stimulus to aggregate demand can reduce the level of unemployment in the short run. ... An essential element of anti-inflationary policy in 1976/77 was reduction in the rate of growth in the monetary aggregates.
https://www.rba.gov.au/publications/annual-reports/rba/1977/economic-management-and-monetary-policy.html