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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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Annual Performance Statement for 2021/22

27 Oct 2022 RBA Annual Report – October 2022
Flexible medium-term inflation target to achieve consumer price inflation of between 2 and 3 per cent, on average, over time. ... The challenge now is to return inflation to the 2–3 per cent inflation target over time.
https://www.rba.gov.au/publications/annual-reports/rba/2022/annual-performance-statement.html

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 304KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/annual-performance-statement.pdf

Governor's Foreword

19 Oct 2023 RBA Annual Report – October 2023
Governor's Foreword | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/governors-foreword.html

2.5 International Financial Cooperation

19 Oct 2023 RBA Annual Report – October 2023
International Financial Cooperation | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/international-financial-cooperation.html

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 369KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/governors-foreword.pdf

Governor's Foreword

9 Aug 2023 RBA Annual Report - 2022 PDF 150KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/governors-foreword.pdf

Reserve Bank of Australia Annual Report 2021

29 Sep 2022 RBA Annual Report 2021 PDF 6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf

Operations in Financial Markets

27 Oct 2022 RBA Annual Report – October 2022
Because the Reserve Bank no longer sets the supply of ES balances to keep the cash rate close to the target, OMO no longer targets a fixed quantity to deal. ... full. For most of 2021/22, the hurdle rate was the cash rate target.
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html

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