Delta strains the economy- July 2021
Despite reassurance from Scott Morrison, the Australian economy is facing a possible double-dip recession as lockdowns start to bite hard...
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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
- Jul 19
- 2 min
OPEC+ disagreements spell a slippery slope for oil prices- July 2021
Last week, members of the OPEC cartel and allied oil producing countries broke off in the midst of a standoff with the United Arab...
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Crest Economics
- Jul 11
- 2 min
NSW’s lockdowns to flatten national GDP growth - July 2021
With cases continuing to rise, NSW’s latest wave of lockdowns across the country will wipe out up to $7bn in economic output with...
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Crest Economics
- Jul 5
- 2 min
Bitcoin slumps as China Clamps down on Cryptocurrency- July 2021
Cryptocurrency has promised to revolutionise the financial system and replace the use of conventional money with assets beyond the...
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Crest Economics
- Jun 28
- 2 min
A sharp jab of Needlephobia- June 2021
Australia's vaccine rollout plan has undoubtedly been troubled since its inception. With parts of NSW in lockdown for two weeks, the...
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Crest Economics
- Jun 20
- 1 min
G7 Leaders’ Summit 2021: An Overview- June 2021
Held from 11-13 June 2021 in the UK, the G7 Leaders’ Summit addressed concerns ranging from climate change to the pandemic and global...
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Crest Economics
- Jun 13
- 2 min
G7: Morrison takes on climate change the Aussie way- June 2021
Scott Morrison used Australia’s guest status at the recent G7 summit to sign numerous deals relating to technological innovations to...
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Crest Economics
- Jun 7
- 2 min
Complaints brew over AU-UK Trade Deal- June 2021
Negotiations for the Australia-UK free trade agreement is part of UK’s post-Brexit rush to conclude deals to make up for its loss of zero...
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Crest Economics
- May 22
- 2 min
Australia’s puzzling labour market locks down wages growth - May 2021
Whilst the latest data released by the ABS shows promising signs of the labour market recovering, with unemployment falling by 0.2% to...
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Crest Economics
- May 16
- 2 min
Budget Breakdown- May 2021
The 2021/22 Federal budget has been delivered. As the pre-election budget, the generosity of this year's 'spendathon' is certainly a...
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Crest Economics
- May 10
- 2 min
Extension of the JobTrainer program to support resilience of labour markets- May 2021
A $1bn budget plan to train and reskill the workforce includes extending the JobTrainer program for another 12 months, targeting school...
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Crest Economics
- May 1
- 2 min
Another Commodity Supercycle- May 2021
Australia appears to be in the midst of another commodities supercycle, the likes of which was last seen during the China-driven boom in...
33 views0 comments
Crest Economics
- Apr 24
- 2 min
Australia faces headwinds from frosty relationship with China- April 2021
As the cold front from Antarctica brings about a drop in temperature, Australia prepares for an even icy Autumn from its relationship...
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Crest Economics
- Apr 18
- 2 min
Economic Impact of COVID-19- April 2021
The V-shaped rebound is well underway as vaccine rollouts and ongoing crisis support promise a more 'normal' year for major economies...
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Crest Economics
- Apr 5
- 2 min
While the Global Economy Recovers from COVID-19, Global Inequality Worsens- April 2021
The international economy is recovering faster than many economists have projected, powered by growth in the U.S. and China and by the...
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Crest Economics
- Mar 29
- 2 min
Suez Canal blockage spells disaster for Global Supply Chains- March 2021
When megaship container carrier, MV Ever Given, ran aground into Egypt’s Suez Canal last Tuesday, an enormous backlog of shipping in one...
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Crest Economics
- Mar 22
- 2 min
A new direction for Australia’s Commodity Markets- March 2021
Australia’s mining industry is being encouraged to diversify its export markets beyond key commodities such as iron ore and gold. A Trade...
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Crest Economics
- Mar 15
- 2 min
Australian consumer confidence to a 10 year high- March 2021
Australia's success in containing COVID-19 with promised vaccines and ongoing support from expansionary government policies have all...
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Crest Economics
- Mar 8
- 2 min
Australia’s Economic Rebound dubbed ‘Extraordinary Comeback’- March 2021
After recording two consecutive quarters of more than 3% economic growth, Australia is looking forward to a sustained economic recovery....
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Crest Economics
- Feb 28
- 2 min
Key development over share markets due to rising bond rates- February 2021
Global share markets took a fall in the last week as concerns rose about valuation of bonds. Bond yields have increased significantly to...
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