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RBA Glossary definition for macro economy

macro economy – The economy looked at as a whole or in terms of major components measured by aggregates such as gross domestic product, the balance of payments and related links, in the context of the national economy. This contrasts with microeconomics which focuses upon specific firms or industries.

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2 April 2024 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2024 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2024
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2024/2024-03-19.html

3 October 2023 | Minutes of the Monetary Policy Meeting of the Board

17 Oct 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 October 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-10-03.html

Statement on Monetary Policy

12 Feb 2023 SMP - February 2023 PDF 7754KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/statement-on-monetary-policy-2023-02.pdf

Box A: Mortgage Interest Payments in Advanced Economies – One Channel of Monetary Policy

10 Feb 2023 SMP – February 2023
which changes in central policy rates affect longer term interest rates in the economy. ... and M-A Gosselin (2014), Analyzing and Forecasting the Canadian Economy through the LENS Model, Bank of Canada Technical Report No 102; Iversen J (2018), Ramses
https://www.rba.gov.au/publications/smp/2023/feb/box-a-mortgage-interest-payments-in-advanced-economies.html

Box A: Mortgage Interest Payments in Advanced Economies – One Channel of Monetary Policy

9 Feb 2023 SMP - February 2023 PDF 311KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/box-a-mortgage-interest-payments-in-advanced-economies.pdf

The International Environment

6 May 2022 SMP – May 2022
In many economies, measures of underutilisation have decreased by more than unemployment rates. ... The Chinese economy could slow more sharply than forecast if outbreaks of COVID-19 are not contained quickly and long-running macro-financial
https://www.rba.gov.au/publications/smp/2022/may/the-international-environment.html

The International Environment

6 May 2022 SMP - May 2022 PDF 1881KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/01-the-international-environment.pdf

Statement on Monetary Policy

6 May 2022 SMP - May 2022 PDF 5769KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/statement-on-monetary-policy-2022-05.pdf

6 April 2021 | Minutes of the Monetary Policy Meeting of the Board

6 Apr 2021 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 April 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-04-06.html

2 April 2019 | Minutes of the Monetary Policy Meeting of the Board

2 Apr 2019 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 April 2019
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2019/2019-04-02.html