Crest Economics
AUKUS Advancements- Sept 2023
AUKUS, the defence agreement between Australia, UK and US continues to make advancements in accordance with its pillars, signifying its...
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Our articles analyse shifts in domestic and international economic issues, providing statistics and bridging real-world events to HSC Economics syllabus points.
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Crest Economics
- Aug 28
- 2 min
BRICS Expansion, new kids on the bloc- Aug 2023
A key outcome of the 15th BRICS summit, hosted by South Africa, was the decision to invite six more countries to join the group -...
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Crest Economics
- Aug 21
- 1 min
US Economy doubles Q3 GDP growth forecasts- Aug 2023
Economists at Atlanta Fed estimate a 5.8% GDP growth forecast for the US economy, up from an annualised 2.4% growth in Q2. Current...
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Crest Economics
- Aug 14
- 1 min
Deflation- Aug 2023
As the developed world starts to recover from the inflationary pressures sustained over the last year, observers are now becoming...
23 views0 comments
Crest Economics
- Aug 8
- 2 min
Australia’s renewable energy targets are going off the grid- Aug 2023
In 2022, the Federal Government unveiled their ambitious plans to ensure more than 4/5 of Australia’s power is generated from renewable...
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Crest Economics
- Jul 31
- 1 min
Elevated interest rates are here to stay as the new norm- July 2023
Home loan interest rates charged by the major retail banks to new borrowers are outpacing increases in the official cash rate rises as...
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Crest Economics
- Jul 25
- 2 min
The collapse of the Black Sea grain deal- July 2023
As the war on Ukraine rages on, the global economy continues to both prosper and suffer. Most recently, this has involved the Black Sea...
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Crest Economics
- Jul 18
- 2 min
Michele Bullock takes over- July 2023
Michele Bullock has been appointed Australia’s next Reserve Bank governor. Bullock will be the first female governor, replacing Philip...
25 views0 comments
Crest Economics
- Jul 11
- 1 min
Yellen strengthens US-China relationships amidst rocky starts- July 2023
The US Treasury head’s 4 day trip to China has been the latest effort to stabilise fractious US-China relations with a few breakthroughs...
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Crest Economics
- Jul 4
- 1 min
Australia’s Budget Surplus- July 2023
Off the back of surging company and personal taxes, the size of Australia’s budget surplus is expected to exceed previous expectations...
23 views0 comments
Crest Economics
- Jun 28
- 2 min
What’s been happening with unemployment?- June 2023
The Australian labour market plays a crucial role in the overall economic health of our nation. To monitor this aspect of our economy,...
29 views0 comments
Crest Economics
- Jun 12
- 1 min
Destruction of Ukraine dam to carry heavy consequences- June 2023
The collapse of the Nova Kakhovka dam in southern Ukraine is one of the largest industrial disasters in Europe for decades. As water from...
11 views0 comments
Crest Economics
- Jun 5
- 1 min
World Trade- June 2023
Consistent with rising protectionist sentiment spurred by the war on Ukraine, global trade in goods has remained suppressed in the first...
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Crest Economics
- May 24
- 2 min
Strong start for job growth- May 2023
The Albanese government has been praised for achieving the “strongest start for jobs growth for any new Australian government in history”...
25 views0 comments
Crest Economics
- May 16
- 2 min
Federal Budget 2023: Winners and Losers- May 2023
Boasting cost-of-living relief, housing, healthcare and clean energy measures in the budget, Anthony Albanese’s second budget since being...
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Crest Economics
- May 6
- 2 min
Tightening of cash rate- May 2023
Off the back of the RBA review, the overnight cash rate has been tightened again to 3.85%. With the urgency of returning inflation to its...
32 views0 comments
Crest Economics
- Apr 25
- 2 min
Coal exports to China- Apr 2023
In recent months, movements of trade between China and Australia have begun to pick up pace with China’s import of Australian coal...
12 views0 comments
Crest Economics
- Apr 21
- 1 min
RBA Shakeup- Apr 2023
The RBA review was released to the public and the Reserve Bank recently, following a comprehensive inquiry into the bank’s...
15 views0 comments
Crest Economics
- Apr 10
- 1 min
Australia finally prompted to act amidst climate crisis- Apr 2023
After the recent Labour Party win, Australia’s parliament has passed the country’s most monumental emissions reduction legislation with a...
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Crest Economics
- Apr 3
- 3 min
UK joins CPTPP- Apr 2023
Post Brexit, Britain finally has something to show for it in joining the CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific...
10 views0 comments
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