Statement on Monetary Policy August 2023

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 9.3MB

• Overview
  Download 81KB
• Chapter 1 The International Environment
  Download 2.3MB
• Box A The Bond–Overnight Index Swap Spread and Asset Scarcity in Government Bond Markets
  Download 541KB
• Chapter 2 Domestic Economic Conditions
  Download 1.4MB
• Box B Insights from Liaison
  Download 326KB
• Chapter 3 Domestic Financial Conditions
  Download 2.3MB
• Chapter 4 Inflation
  Download 2.1MB
• Chapter 5 Economic Outlook
  Download 640KB
• Appendix Appendix: Forecasts
  Download 174KB

The material in this Statement on Monetary Policy was finalised on 3 August 2023.

Some graphs in this publication were generated using Mathematica.

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