Statement on Monetary Policy August 2021

The Statement on Monetary Policy sets out the Bank's assessment of current economic conditions, both domestic and international, along with the outlook for Australian inflation and output growth. A number of boxes on topics of special interest are also published. The Statement is issued four times a year.

• Download the complete Statement 8.9MB

• Overview
  Download 90KB
• The International Environment
  Download 2.4MB
• Box A: Central Bank Purchases of Government Bonds
  Download 272KB
• Domestic Economic Conditions
  Download 1.3MB
• Box B: COVID-19 and Commercial Property in Australia
  Download 345KB
• Domestic Financial Conditions
  Download 2.3MB
• Box C: Use of the Reserve Bank's Term Funding Facility
  Download 362KB
• Inflation
  Download 1.1MB
• Economic Outlook
  Download 582KB
• Appendix: Forecasts
  Download 500KB

The material in this Statement on Monetary Policy was finalised on 5 August 2021.

Some graphs in this publication were generated using Mathematica.

ISSN 1448–5133 (Print)
ISSN 1448–5141 (Online)