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RBA Glossary definition for billion

billion – One thousand million.

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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

Annual Performance Statement

9 Aug 2023 RBA Annual Report - 2022 PDF 186KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/annual-performance-statement.pdf

Economic Developments Abroad

24 Jul 2023 RBA Annual Report – 1975
The Oil Facility was instituted in early 1974/75 when agreement was reached for seven member countries to lend the IMF a total of SDR 2.8 billion; shortly after this ... In April 1975 an agreement establishing the OECD Financial Support Fund of SDR 20
https://www.rba.gov.au/publications/annual-reports/rba/1975/economic-developments-abroad.html

Financial Developments in Australia

26 Jun 2023 RBA Annual Report – 1976
For the full year the out-turn was a deficit of $3.6 billion. ... to over $2 billion; much the same as the rate of growth in total assets.
https://www.rba.gov.au/publications/annual-reports/rba/1976/fin-dev-australia.html

The Year in Brief

26 Jun 2023 RBA Annual Report – 1976
seasonal influences apart) was running at an annual rate of nearly $5 billion. ... In August the Commonwealth Budget set out to hold the deficit for 1975/6 to $2.8 billion.
https://www.rba.gov.au/publications/annual-reports/rba/1976/year-in-brief.html

Problems of Economic Management

26 Jun 2023 RBA Annual Report – 1976
Different in nature as these various contractionary actions were, their considerable size is illustrated by the fact that the combined funds involved in them amounted to some $2.5 billion.
https://www.rba.gov.au/publications/annual-reports/rba/1976/problems-of-economic-management.html

Australia and the World Economy

26 Jun 2023 RBA Annual Report – 1976
billion. Australia's quota will increase by 19 per cent to SDR790 million. ... There was an overall balance of payments deficit in 1975/6 of just over $1 billion compared with deficits of around $450 million in each of the two previous years.
https://www.rba.gov.au/publications/annual-reports/rba/1976/australia-and-the-world-economy.html

The World Economy and the Australian Balance of Payments

22 Jun 2023 RBA Annual Report – 1977
The current account balance of the United States declined by around US$12 billion in 1976.
https://www.rba.gov.au/publications/annual-reports/rba/1977/world-economy-and-the-aus-balance-of-payments.html

Financial Markets in 1978/79

20 Jun 2023 RBA Annual Report – 1979
largest on record, comparing with about $4.8 billion in 1977/78 and $2.9 billion in 1974/75. ... about $1.4 billion, was some 18 per cent above the figure of $1.2 billion recorded in 1977/78.
https://www.rba.gov.au/publications/annual-reports/rba/1979/fin-markets.html

Banking, Issue and Other Functions

20 Jun 2023 RBA Annual Report – 1979
The face value of the Commonwealth Government debt administered by the Bank increased by $2.4 billion over the year to $22.7 billion. ... The debt comprised Australian Savings Bonds $2.7 billion, Special Bonds $0.5 billion, Treasury bills $2.0 billion,
https://www.rba.gov.au/publications/annual-reports/rba/1979/bank-iss-oth-function.html