Crest Economics
Industrial relation bill sets new controversial changes – November 2022
Labor is confident that its industrial relations bill will pass this year after a deal with the senator David Pocock to boost safeguards...
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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
- Nov 23
- 2 min
Pressure on real wages – November 2022
As inflation continues on its upward trajectory, real wages are an area of the economy talking a large hit. The September quarter came...
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Crest Economics
- Nov 15
- 1 min
Albanese proposes ‘price caps’ on energy prices – November 2022
Australia's government is considering a possible cap on the prices that gas producers can sell into the domestic market to tame surging...
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Crest Economics
- Nov 10
- 1 min
US Economy shapes ‘high-stakes’ midterm elections – Nov 2022
Rallying a speech of optimism and determination, Biden addressed the high stakes the upcoming US midterm elections in repeating his...
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Crest Economics
- Nov 4
- 2 min
Australia’s Inflation- Nov 2022
Australia’s inflation woes worsened over the September quarter, with the CPI rising to 7.3%, a 1.8% increase from the previous quarter....
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Crest Economics
- Oct 26
- 1 min
UK Political Chaos - October 2022
The resignation of Liz Truss as Prime Minister last week has thrown the UK government into chaos, with many wondering who will take her...
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Crest Economics
- Oct 19
- 1 min
China's GDP 'rebounded significantly - October 2022
The economic recovery of one of our largest trading partner, China, spells good news for Australia's growth. The National Development and...
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Crest Economics
- Oct 12
- 1 min
Australia’s newest tax cuts – October 2022
The stage-three tax cuts are the third phase of Morrison’s Government’s legislated tax plan that will come into effect in July 2024....
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Crest Economics
- Oct 5
- 2 min
Pound takes a pounding – October 2022
The British pound reached record-low values against the USD this past week, the latest in a series of economic headwinds buffeting the...
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Crest Economics
- Oct 2
- 1 min
Queen’s death tipping point for UK’s economy – October 2022
The mourning of Queen Elizabeth II could be the blow that sends the United Kingdom’s already-strained economy into a “technical...
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Crest Economics
- Sep 20
- 1 min
Falling House Prices - September 2022
The housing market is the latest in the line of fire from rising interest rates, as sentiments continue to be plagued by inflationary...
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Crest Economics
- Sep 12
- 1 min
Miners Reap Record Profits as Commodity Prices Soar - September 2022
Company profits in the mining sector soared 14% or $10.2bn in the June quarter, reaping more profits than every other non-financial...
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Crest Economics
- Sep 1
- 1 min
UK struggles with cost of living crisis – August 2022
Grocery baskets felt a lot heavier for UK residents in recent weeks, as soaring inflation push prices to the highest level since 2008....
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Crest Economics
- Aug 17
- 1 min
Chinese Central Bank Cuts Rates – August 2022
China’s announcement of a rate cut comes as a surprise, as economic headwinds batter against the industrial giant amid ongoing weakness...
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Crest Economics
- Aug 10
- 1 min
US unemployment rate drops to 3.5% despite slowdown fears – August 2022
The US economy added 528,000 new jobs as the unemployment rate dropped to 3.5% last month. Despite persistently high inflations with...
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Crest Economics
- Aug 3
- 1 min
Australia faces ‘alarming’ gas crisis – August 2022
The ACCC has warned businesses could be forced to close and households left without enough gas next year unless the big three exporters...
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Crest Economics
- Jul 27
- 1 min
Ukraine grain deal signed amidst Russia war – July 2022
Russia’s invasion of Ukraine has massively disrupted grain shipments, with a blockade of Ukrainian ports of Russia’s Black Sea fleet...
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Crest Economics
- Jul 20
- 1 min
High inflation as the tipping point into global recession – July 2022
At the root of record high inflation in most nations is a broken global economy. The Russia-Ukraine war, US tensions with China and the...
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Crest Economics
- Jul 14
- 2 min
Boris Johnson’s Resignation- July 2022
After 1078 days in office, Britain’s love-hate relationship with Boris Johnson has come to an end. For some, persona will be missed. For...
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Crest Economics
- Jun 30
- 1 min
WTO announces new global trade deals– June 2022
Amidst geopolitical tensions and the backdrop of the ever-evolving COVID-19 pandemic, the World Trade Organisation (WTO) has agreed on...
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