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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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Black Friday and Increased Spending- Nov 2023
With the world entering gift-giving season, retailers have seen a slight lift in consumer spending. In particular, discretionary...
Crest Economics
Nov 29, 20232 min read
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Drastic consequences of Optus network meltdown for Australia- Nov 2023
In the crucial hours after Optus’ network outage, half of Australia’s transport, health and payment systems were thrown into chaos,...
Crest Economics
Nov 14, 20231 min read
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Australia’s Emissions Reduction Target- Nov 2023
As a major emphasis in the upcoming 2024-25 Federal Budget, Treasurer Jim Chalmers claims that Australia’s energy transition will be...
Crest Economics
Nov 7, 20231 min read
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Easing tensions between China and Australia over trade- Oct 2023
A major development in China and Australia’s World Trade Organisation dispute has emerged in light of Albanese’s upcoming visit to...
Crest Economics
Oct 31, 20232 min read
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Australia’s labour market remains buoyant amidst job cuts- Oct 2023
Unemployment rate in September fell to 3.6%, compared to 3.7% in August even as employers shed almost 40,000 full-time jobs. Economists...
Crest Economics
Oct 24, 20231 min read
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Israel-Hamas war- Oct 2023
The global economy’s descent will likely accelerate in light of the new conflict between Israel and Hamas. Over the past year, the global...
Crest Economics
Oct 17, 20231 min read
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August rise in Australia’s CPI- Oct 2023
Acceleration in Australia’s inflation for August was seen, erasing all the progress Australia had achieved in the months previously....
Crest Economics
Oct 8, 20232 min read
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AUKUS Advancements- Sept 2023
AUKUS, the defence agreement between Australia, UK and US continues to make advancements in accordance with its pillars, signifying its...
Crest Economics
Sep 20, 20231 min read
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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 -...
Crest Economics
Aug 28, 20232 min read
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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...
Crest Economics
Aug 21, 20231 min read
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Deflation- Aug 2023
As the developed world starts to recover from the inflationary pressures sustained over the last year, observers are now becoming...
Crest Economics
Aug 14, 20231 min read
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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...
Crest Economics
Aug 8, 20232 min read
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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...
Crest Economics
Jul 31, 20231 min read
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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...
Crest Economics
Jul 25, 20232 min read
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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...
Crest Economics
Jul 18, 20232 min read
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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...
Crest Economics
Jul 11, 20231 min read
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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...
Crest Economics
Jul 4, 20231 min read
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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,...
Crest Economics
Jun 28, 20232 min read
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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...
Crest Economics
Jun 12, 20231 min read
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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...
Crest Economics
Jun 5, 20231 min read
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