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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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1.1 Our Role

19 Oct 2023 RBA Annual Report – October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html

Our Role

20 Sep 2018 RBA Annual Report – 2018
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2018/our-role.html

2.1 Annual Performance Statement for 2022/23

19 Oct 2023 RBA Annual Report – October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.html

Our Role

25 Sep 2017 RBA Annual Report – 2017
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2017/our-role.html

Our Role

27 Oct 2022 RBA Annual Report – October 2022
The flexible medium-term inflation target underpins the monetary policy framework in Australia. ... Achieving the inflation target preserves the value of money and facilitates strong and sustainable growth in the economy over the longer term.
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html

Resilience of Australian Households and Businesses

6 Oct 2023 FSR – October 2023
Resilience of Australian Households and Businesses | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/household-business-finances-in-australia.html

Our Role

17 Oct 2019 RBA Annual Report – 2019
the economic prosperity and welfare of the people of Australia. Policies in pursuit of these objectives have found practical expression in a flexible, medium-term inflation target, which has formed the ... The policy objective is for consumer price
https://www.rba.gov.au/publications/annual-reports/rba/2019/our-role.html

The Global Financial Environment

8 Apr 2022 FSR – April 2022
rates due to high and persistent inflation, and further waves of COVID-19. ... Markets expect policy rates in many economies to generally remain below rates that historically have been needed to slow inflation back to central banks' targets.
https://www.rba.gov.au/publications/fsr/2022/apr/global-financial-environment.html

4.1 Focus Topic: Scenario Analysis of the Resilience of Mortgagors and Businesses to Higher Inflation and Interest Rates

22 Mar 2024 FSR – March 2024
4.1 Focus Topic: Scenario Analysis of the Resilience of Mortgagors and Businesses to Higher Inflation and Interest Rates | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/focus-topic-scenario-analysis-of-the-resilience-of-mortgagors-and-businesses-to-higher-inflation-and-interest-rates.html

Resilience of the Australian Financial System

6 Oct 2023 FSR – October 2023
Resilience of the Australian Financial System | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/australian-financial-system.html