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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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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...
Crest Economics
Jun 3, 20221 min read
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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...
Crest Economics
May 25, 20221 min read
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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...
Crest Economics
May 17, 20221 min read
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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...
Crest Economics
May 10, 20222 min read
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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...
Crest Economics
May 5, 20222 min read
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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%....
Crest Economics
Apr 25, 20221 min read
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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...
Crest Economics
Apr 19, 20221 min read
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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...
Crest Economics
Apr 12, 20221 min read
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Scott Morrison to oversee troop increase– March 2022
In the lead up to the budget, Prime Minister Scott Morrison has announced a $38bn expansion of the military over the period to 2040. As...
Crest Economics
Mar 30, 20221 min read
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Is Australia’s economy shielded from the Russia-Ukraine Conflict? – March 2022
The global shock of Russia’s invasion into Ukraine has yet to be fully realised financially but indications of unforeseen consequences...
Crest Economics
Mar 15, 20222 min read
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West unite to cripple Russian economy with heavy sanctions- March 2022
The US Government and European allies have recently put into place sanctions to cripple Russia’s economy as the invasion of Ukraine...
Crest Economics
Mar 2, 20221 min read
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Russia tethers on war with Ukraine despite struggling economy- February 2022
Jitters of war are rattling in Russia and its presence is felt by a shaky stock market, threatening to drag the ruble down with it....
Crest Economics
Feb 15, 20222 min read
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America’s Back to Work- February 2022
Omicron hasn’t been the only thing getting people feverish this week. The US economy recorded 467,000 new jobs in the first month of the...
Crest Economics
Feb 7, 20222 min read
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Lowe sits tight on Interest Rates until wages to take off- February 2022
Amidst a week of skyrocketing inflation and plummeting financial markets, the Reserve Bank of Australia has determined there is no...
Crest Economics
Feb 3, 20221 min read
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North Korea and the pandemic – January 2022
The impacts of COVID-19 have been far-reaching in crunching supply chains and pushing up consumer prices. Since January 2020, North...
Crest Economics
Jan 4, 20221 min read
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Trends for 2022 and beyond – December 2021
As 2021 draws to a close, the year where things were supposed to ‘return to normal’ produced surprising twists and turns along the way....
Crest Economics
Dec 28, 20212 min read
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📈 Australia’s economic recovery plans see through Omicron scare – December 2021 📈
With Australia’s economy preparing to open up for the unvaccinated on the 15th of December, the Federal government is warning states to...
Crest Economics
Dec 14, 20211 min read
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Australia’s Labour Problem - December 2021
The extended closure of international borders is edging up wage costs for large financial institutions which have made it increasingly...
Crest Economics
Dec 6, 20211 min read
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China’s Performance- November 2021
China's growth path teeters as the manufacturing juggernaut faces new headwinds leading into the new year. Importantly, the 'workshop of...
Crest Economics
Dec 1, 20212 min read
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Australia’s NFT Boom: Promise for a second return- November 2021
Whilst the Non-Fungible Token (NFT) market has cooled dramatically in 2021, Australia’s true NFT advocates believe there’s still more...
Crest Economics
Nov 15, 20212 min read
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