top of page
Articles
Our articles analyse shifts in domestic and international economic issues, providing statistics and bridging real-world events to HSC Economics syllabus points.
​
Subscribe to our newsletter to receive weekly updates!
Search
Record price falls lowers inflation outlook – August 2020
The Consumer Price Index (CPI) is an index which measures the general level of prices across the economy by tracking a basket of commonly...
Crest
Aug 6, 20201 min read
Â
Â
Â
The Big Mac Index and US/China Comparisons-July 2020
The relative sizes of the US and Chinese economies vary depending on the method of measurement. One method is The Economist’s “Big Mac...
Crest
Jul 30, 20201 min read
Â
Â
Â
Update from Philip Lowe- July 2020
The impact of the coronavirus on both labour markets and the public sector continues to present challenges to policymakers. In Phillip...
Crest
Jul 23, 20201 min read
Â
Â
Â
Recent influences on the AUD- July 2020
The shutdown in Melbourne has led Westpac to decrease its annual forecast for 2020 from a 4% contraction to a 4.2% contraction. However,...
Crest
Jul 16, 20202 min read
Â
Â
Â
Budget Bothers- July 2020
The budget has continued to worsen amid rising infection rates in the state of Victoria, as fiscal assistance for pandemic-afflicted...
Crest
Jul 9, 20202 min read
Â
Â
Â
RBA’s Policy Actions- July 2020
The RBA reports that COVID-19 is having a more dramatic effect on the Australian economy than did the GFC. In Australia, the rate of...
Crest
Jul 2, 20201 min read
Â
Â
Â
Unemployment-June 2020
The unemployment rate has increased to 7.1% as of May, the highest since October of 2001. While the 0.7% increase from April reflects a...
Crest
Jun 25, 20201 min read
Â
Â
Â
Exchange Rate Predictions- June 2020
Westpac has lifted its AUD forecasts to USD0.72 by the end of 2020 and USD0.76 by the end of 2021. This is on the back of a recent rise...
Crest Economics
Jun 18, 20201 min read
Â
Â
Â
Current Account Surplus- June 2020
With pandemic restrictions easing, there has been a treacherous return to normality for many Australian businesses. However, it's not all...
Crest Economics
Jun 11, 20201 min read
Â
Â
Â
Australia's Recession- June 2020
The Australian economy is expected to record its first recession in 29 years. The definition of a recession is consecutive quarters of...
Crest Economics
Jun 4, 20201 min read
Â
Â
Â
Australia's Trade with China- May 2020
In recent weeks Australia's trade with China has come under increasing pressure due to political debates regarding COVID-19. China is...
Crest Economics
May 28, 20201 min read
Â
Â
Â
Global and Domestic Trade- May 2020
The outbreak of COVID-19 has upended attempts to curb rising protectionism, with recessionary headwinds and an expected decrease in world...
Crest Economics
May 21, 20201 min read
Â
Â
Â
RBA Statement of Monetary Policy- May 2020
Increasing uncertainty over the future has further dampened economic activity, with the RBA expecting a decline in GDP of 10% by June....
Crest Economics
May 14, 20202 min read
Â
Â
Â
COVID-19 and the Environment- May 2020
Attention has in recent weeks been paid to the startling declines recorded in air pollution across the world as lockdowns have rolled...
Crest Economics
May 7, 20202 min read
Â
Â
Â
Policy Options Heading into Uncharted Waters- April 2020
Following RBA governor Philip Lowe’s speech last Tuesday, Westpac has anticipated that the cash rate will remain on hold until December...
Crest Economics
May 1, 20202 min read
Â
Â
Â
Further Impacts of COVID-19- April 2020
Before looking at the economy, we need to look at Australia’s case numbers, with only 26 new cases being reported on the 21st April...
Crest Economics
Apr 22, 20201 min read
Â
Â
Â
Unemployment on the Rise- April 2020
The impacts of COVID-19 are quickly being felt by the Australian economy. Unemployment is expected to peak at 17.1% alongside a GDP...
Crest Economics
Apr 16, 20202 min read
Â
Â
Â
Australian Government Stimulus- April 2020
The Australian government has announced three economic stimuli. The first was a $17.6 Billion stimulus on March 12, which will...
Crest Economics
Apr 2, 20201 min read
Â
Â
Â
Exchange Rates- March 2020
The Australian dollar has fallen to a 17 year low, hitting US $0.5588 on Thursday, the weakest level since October 2002. The depreciation...
Crest Economics
Mar 26, 20201 min read
Â
Â
Â
Emergency Interest Rate Cut- March 2020
We’re in the deep depths of the COVID-19 Crisis now. With the number of recorded cases reaching into the hundreds of thousands of...
Crest Economics
Mar 19, 20202 min read
Â
Â
Â
bottom of page