Crest Economics
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...
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
Crest Economics
Sep 12, 20221 min read
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...
29 views0 comments
Crest Economics
Sep 1, 20221 min read
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....
11 views0 comments
Crest Economics
Aug 17, 20221 min read
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...
33 views0 comments
Crest Economics
Aug 10, 20221 min read
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...
16 views0 comments
Crest Economics
Aug 3, 20221 min read
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...
31 views0 comments
Crest Economics
Jul 27, 20221 min read
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...
28 views0 comments
Crest Economics
Jul 20, 20221 min read
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...
37 views0 comments
Crest Economics
Jul 14, 20222 min read
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...
19 views0 comments
Crest Economics
Jun 30, 20221 min read
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...
26 views0 comments
Crest Economics
Jun 22, 20221 min read
Australia’s Minimum Wage Lift – June 2022
The national minimum wage will lift by 5.2%, as the Fair Work Commission notes the ‘sharp increase in the cost of living’. Minimum wages...
50 views0 comments
Crest Economics
Jun 7, 20221 min read
Albanese Government faces Gas Crisis – June 2022
Entering into government, the Labour Party expected the increasing cost of living problem but did not expect the dramatic crisis in gas...
30 views0 comments
Crest Economics
Jun 3, 20221 min read
Australian Retail Surging Ahead – June 2022
Australian retail spending experienced a strong surge, advancing 0.9% in April to a record $33.9 bn over the month. This has occurred...
17 views0 comments
Crest Economics
May 25, 20221 min read
What a Labor Government means for Australia – May 2022
Anthony Albanese’s election as Australia’s 31st Prime Minister marks the fourth time the Labor Party has taken power from opposition. The...
41 views0 comments
Crest Economics
May 17, 20221 min read
UK Economy shrinks as Ukraine war takes toll – May 2022
The UK economy unexpectedly falls in March, as consumers cut back on spending as the cost-of-living rises. GDP fell 0.1% after stagnating...
13 views0 comments
Crest Economics
May 10, 20222 min read
Russian Economy teeters on the brink of default – May 2022
Reeling from international sanctions, Russia stands on the edge of defaulting in their payment of national debt. Modern bondholders are...
19 views0 comments
Crest Economics
May 5, 20222 min read
The Cash Rate Climb Begins – May 2022
After more than a year at the 0.1% cash rate base camp, the RBA has begun its treacherous hike in a bid to curb fears of excess stimulus...
33 views0 comments
Crest Economics
Apr 25, 20221 min read
Global growth splutters to a slowdown – April 2022
The International Monetary Fund (IMF) has revised their World Economic Outlook, lowering global growth for 2022 from 4.4% down to 3.6%....
12 views0 comments
Crest Economics
Apr 19, 20221 min read
Unemployment at a 50-year low but inflation is a different story– April 2022
Despite Australia seeing one of the lowest level of unemployment in half a century alongside the first increases in interest rates in 12...
43 views0 comments
Crest Economics
Apr 12, 20221 min read
RBA holds rates but patient wait is over – April 2022
RBA Governor Philip Lowe’s decision to hold the cash rate was expected, but markets are pricing in a cash rate of 1.75% by the year’s...
24 views0 comments
bottom of page