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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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Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

8 May 2024 Submissions
The strong growth in the use of digital wallets in recent years indicates that consumers increasingly value the ability to make convenient and secure payments with a smartphone or other ... However, if the recent strong growth in the use of digital
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Appendix A: Trends in the Australian Financial System | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…

6 Sep 1996 Submissions
Overall growth of the financial system and its institutional subsectors is illustrated in Figure A1. ... A second example, on the lending side, was the growth of merchant banking.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/appendix-a.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
Growth in e-commerce has also been associated with an increase in online card payments. ... This greater interest prompted the Bank to review and update its ESA Policy earlier this year.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Trends in Bank Lending | Submission to the Inquiry into the Post-Global Financial Crisis Banking Sector – May 2012 | Financial Sector |…

1 May 2012 Submissions
Over the past year credit has grown by just over 3 per cent, which is around 2 percentage points lower than growth in nominal GDP (Graph 2). ... In housing lending markets, the major banks have been competing for most of the past year for market share
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-post-gfc-banking-sector-2012/trends-bank-lending.html

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
The number of cheque payments per capita has fallen from 42 per year in 1997 to 8 in 2013. ... The benchmark was based on the average costs of the issuers of each scheme.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html

Submission to the Inquiry into the Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 | Performance and Accountability | Submissions

2 Feb 2024 Submissions
Available atSpecifically, if the expansion of the Banks balance sheet results in faster growth economic growth, it is likely to cause the value of assets held by the Bank to decline
https://www.rba.gov.au/publications/submissions/other/inquiry-into-the-treasury-laws-amendment-reserve-bank-reforms-bill-2023/index.html

List of tables | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector | Submissions

1 Jan 1991 Submissions
5.7. Table 3: Growth in Credit by Sector. (year to June). ... 1.1. 10.6. Average. 18.2. 18.6. 20.9. 22.6. 12.8. 18.0. Table 4: Concentration Ratios in Selected Australian Industries: 1987–88.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/tables.html

Submission to the ACCC: eBay and PayPal – 2 May 2008 | Payments System | Submissions

2 May 2008 Submissions
In particular, the rule appears to encourage the growth of PayPal at the expense of other existing and emerging facilities, independent of their relative merits.
https://www.rba.gov.au/publications/submissions/payments-system/ebay-and-paypal/

Organisation of Prudential Supervision | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions

6 Sep 1996 Submissions
and growth of the banking sector.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/organisation-of-prudential-supervision.html

Submission to the Senate Inquiry into Matters Relating to Credit Card Interest Rates-Credit Cards as Payment Instruments

8 May 2024 Submissions
The Bank estimates that the average credit card interchange rate for non-preferred merchants (i.e. ... All costs from the study are at the average transaction value for each payment instrument.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-matters-relating-to-credit-card-interest-rates-2015-08/credit-cards-as-payment-instruments.html