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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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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...
Crest Economics
Nov 15, 20221 min read
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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...
Crest Economics
Nov 10, 20221 min read
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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....
Crest Economics
Nov 4, 20222 min read
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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...
Crest Economics
Oct 26, 20221 min read
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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...
Crest Economics
Oct 19, 20221 min read
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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....
Crest Economics
Oct 11, 20221 min read
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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...
Crest Economics
Oct 5, 20222 min read
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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...
Crest Economics
Oct 2, 20221 min read
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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...
Crest Economics
Sep 20, 20221 min read
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Miners Reap Record Profits as Commodity Prices Soar - September 2022Â
Company profits in the mining sector soared 14% or $10.2bn in the June quarter, reaping more profits than every other non-financial...
Crest Economics
Sep 12, 20221 min read
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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....
Crest Economics
Sep 1, 20221 min read
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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...
Crest Economics
Aug 17, 20221 min read
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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...
Crest Economics
Aug 10, 20221 min read
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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...
Crest Economics
Aug 3, 20221 min read
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ÂUkraine 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...
Crest Economics
Jul 27, 20221 min read
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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...
Crest Economics
Jul 20, 20221 min read
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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...
Crest Economics
Jul 14, 20222 min read
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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...
Crest Economics
Jun 30, 20221 min read
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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...
Crest Economics
Jun 22, 20221 min read
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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...
Crest Economics
Jun 7, 20221 min read
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