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AThe Reserve Bank makes extensive use of business surveys as a source of information on the current state of the economy. In particular, survey data provide a timely read on domestic demand as well as information about how the economy is expected to evolve. Surveys also provide information on...
Persistent link: https://www.econbiz.de/10009385692
Since 2004, the RBA has been conducting a survey of how firms set prices, how frequently they review and change prices, and what factors influence these decisions. The results show that firms employ a range of approaches to price setting, with around half reviewing their prices at a regular...
Persistent link: https://www.econbiz.de/10008508378
The increase in Australia's terms of trade since the mid 2000s gave rise to a surge in resource investment, an appreciation of the exchange rate, and a reallocation of labour and capital in the economy. This article examines the impact of the resources boom on the Australian economy in terms of...
Persistent link: https://www.econbiz.de/10010815274