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RBA Glossary definition for inflation target

inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.

RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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Reserve Bank of Australia Annual Report 2023

8 Feb 2024 RBA Annual Report - 2023 PDF 641KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/international-financial-cooperation.pdf

Annual Performance Statement

21 Oct 2021 RBA Annual Report – 2021
Flexible medium-term inflation target to achieve consumer price inflation of between 2 and 3 per cent, on average, over time. ... Over time, this will help achieve the inflation target. The Bank has also remained flexible in the course of achieving
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html

Reserve Bank of Australia Annual Report 2021

14 Oct 2021 RBA Annual Report 2021 PDF 126KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/our-role.pdf

Reserve Bank of Australia Annual Report – 2013

16 Oct 2013 Annual Report
people. Since 1993, this general mandate has found concrete expression in the form of a medium-term inflation target of 2–3 per cent, on average, over the business cycle. ... The Bank is committed to improving the environmental performance of its
https://www.rba.gov.au/publications/annual-reports/rba/2013/

Box D: Stress Testing and Australian Bank Resilience

7 Oct 2022 FSR – October 2022
In response to high inflation, the Reserve Bank has increased the cash rate target by a total of 250 basis points since May 2022, and market pricing implies the cash rate ... higher inflation and interest rates, based on data from the Reserve Banks
https://www.rba.gov.au/publications/fsr/2022/oct/box-d-stress-testing-and-australian-bank-resilience.html

Reserve Bank of Australia Annual Report 2021 - Governor's Foreword

13 Oct 2021 RBA Annual Report 2021 PDF 77KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/governors-foreword.pdf

Our Role

21 Oct 2021 RBA Annual Report – 2021
Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the basis of Australia's monetary policy framework since the early ... 1990s. The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-role.html

2. Resilience of Australian Households and Businesses

9 Oct 2023 FSR - October 2023 PDF 1571KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/02-household-business-finances-in-australia.pdf

Reserve Bank of Australia Annual Report 2019 - Our Role

10 Feb 2020 RBA Annual Report 2019 PDF 796KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/our-role.pdf

Reserve Bank of Australia Annual Report 2018

10 Feb 2020 RBA Annual Report 2018 PDF 8962KB
https://www.rba.gov.au/publications/annual-reports/rba/2018/pdf/2018-report.pdf