Search: year-average growth
RBA Glossary definition for year-average growth
year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.
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Economic Forecasting and its Role in Making Monetary Policy
25 Feb 2001
Bulletin
PDF
57KB
Infact, in my experience one of the mostimportant forces producing forecast revisionsand errors for year-average forecasts isrevisions to history, especially to the patternof quarterly growth near the end of the ... Since the forecastsare on a
https://www.rba.gov.au/publications/bulletin/1999/sep/pdf/bu-0999-1.pdf
Realisation Ratios in the Capital Expenditure Survey
19 Dec 2013
Bulletin
– December 2013
The Australian Bureau of Statistics capital expenditure survey is one of the inputs into the Reserve Bank's forecasts for private business investment. This article considers several methods for interpreting the expectations data from this survey and
https://www.rba.gov.au/publications/bulletin/2013/dec/1.html
Indicators of Business Investment
10 Dec 2009
Bulletin
– December 2009
Interestingly, on average the realisation ratios for building and structures are below 1 by the third estimate (surveyed at the beginning of the financial year), possibly reflecting systematic over-optimism about ... While a five-year average realisation
https://www.rba.gov.au/publications/bulletin/2009/dec/3.html
The Next Generation Banknote Project
20 Mar 2014
Bulletin
– March 2014
A core function of the Reserve Bank is to maintain public confidence in the nation's banknotes so that they remain an effective means of payment and a secure store of wealth. This article discusses the Bank's counterfeit deterrence strategy and the
https://www.rba.gov.au/publications/bulletin/2014/mar/1.html
Change and the Australian Economy
17 Jun 2003
Bulletin
PDF
72KB
September 1996Reserve Bank of Australia Bulletin. 31. to 2-3 per cent a year, on average, over thecourse of the business cycle. ... Although the Australian dollar hasrebounded strongly over the past year, thecurrent TWI rate of about 58 is only 3 per
https://www.rba.gov.au/publications/bulletin/1996/sep/pdf/bu-0996-6.pdf
Economic Performance and Issues in 2002
18 Mar 2002
Bulletin
PDF
55KB
At that time, expectationswere for lower growth in the major economiesin 2001 than in the preceding year, but stillfor growth at about average rates. ... Index. 20022001200019991998. — Year average— Implied Consensus profile. Year average growth rates
https://www.rba.gov.au/publications/bulletin/2002/mar/pdf/bu-0302-1.pdf
The Economy in late 2008: Conditions and Prospects
11 Dec 2008
Bulletin
PDF
189KB
Address by Dr Malcolm Edey, Assistant Governor (Economic), to Australia & Japan Economic Outlook Conference 2008, Sydney, 19 November 2008.
https://www.rba.gov.au/publications/bulletin/2008/dec/pdf/bu-1208-4.pdf
The Resources Boom
16 Mar 2011
Bulletin
PDF
122KB
Remarks at the Victoria University Public Conference on the Resources Boom: Understanding National and Regional Implications, Melbourne, 23 February 2011
https://www.rba.gov.au/publications/bulletin/2011/mar/pdf/bu-0311-10.pdf
Structural Change in the Australian Economy
21 Sep 2010
Bulletin
PDF
222KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-1.pdf
Better than a Coin Toss? The Thankless Task of Economic Forecasting
14 Sep 2004
Bulletin
PDF
70KB
Table 1shows that the average absolute error ofone-year-ahead forecasts for both GDP. ... But as we now know, the USeconomy experienced a recession in 2001, andrecorded year-average expansion in GDP ofabout 1 per cent.
https://www.rba.gov.au/publications/bulletin/2004/sep/pdf/bu-0904-2.pdf