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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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G7 Leaders’ Summit 2021: An Overview- June 2021
Held from 11-13 June 2021 in the UK, the G7 Leaders’ Summit addressed concerns ranging from climate change to the pandemic and global...
Crest Economics
Jun 21, 20211 min read
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G7: Morrison takes on climate change the Aussie way- June 2021
Scott Morrison used Australia’s guest status at the recent G7 summit to sign numerous deals relating to technological innovations to...
Crest Economics
Jun 14, 20212 min read
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Complaints brew over AU-UK Trade Deal- June 2021
Negotiations for the Australia-UK free trade agreement is part of UK’s post-Brexit rush to conclude deals to make up for its loss of zero...
Crest Economics
Jun 8, 20212 min read
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Australia’s puzzling labour market locks down wages growth - May 2021
Whilst the latest data released by the ABS shows promising signs of the labour market recovering, with unemployment falling by 0.2% to...
Crest Economics
May 23, 20212 min read
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Budget Breakdown- May 2021
The 2021/22 Federal budget has been delivered. As the pre-election budget, the generosity of this year's 'spendathon' is certainly a...
Crest Economics
May 17, 20212 min read
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Extension of the JobTrainer program to support resilience of labour markets- May 2021
A $1bn budget plan to train and reskill the workforce includes extending the JobTrainer program for another 12 months, targeting school...
Crest Economics
May 10, 20212 min read
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Another Commodity Supercycle- May 2021
Australia appears to be in the midst of another commodities supercycle, the likes of which was last seen during the China-driven boom in...
Crest Economics
May 2, 20212 min read
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Australia faces headwinds from frosty relationship with China- April 2021
As the cold front from Antarctica brings about a drop in temperature, Australia prepares for an even icy Autumn from its relationship...
Crest Economics
Apr 25, 20212 min read
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Economic Impact of COVID-19- April 2021
The V-shaped rebound is well underway as vaccine rollouts and ongoing crisis support promise a more 'normal' year for major economies...
Crest Economics
Apr 19, 20212 min read
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While the Global Economy Recovers from COVID-19, Global Inequality Worsens- April 2021
The international economy is recovering faster than many economists have projected, powered by growth in the U.S. and China and by the...
Crest Economics
Apr 6, 20212 min read
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Suez Canal blockage spells disaster for Global Supply Chains- March 2021
When megaship container carrier, MV Ever Given, ran aground into Egypt’s Suez Canal last Tuesday, an enormous backlog of shipping in one...
Crest Economics
Mar 29, 20212 min read
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A new direction for Australia’s Commodity Markets- March 2021
Australia’s mining industry is being encouraged to diversify its export markets beyond key commodities such as iron ore and gold. A Trade...
Crest Economics
Mar 23, 20212 min read
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Australian consumer confidence to a 10 year high- March 2021
Australia's success in containing COVID-19 with promised vaccines and ongoing support from expansionary government policies have all...
Crest Economics
Mar 16, 20212 min read
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Australia’s Economic Rebound dubbed ‘Extraordinary Comeback’- March 2021
After recording two consecutive quarters of more than 3% economic growth, Australia is looking forward to a sustained economic recovery....
Crest Economics
Mar 9, 20212 min read
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Key development over share markets due to rising bond rates- February 2021
Global share markets took a fall in the last week as concerns rose about valuation of bonds. Bond yields have increased significantly to...
Crest Economics
Mar 1, 20212 min read
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Australia’s Education Sector– February 2021
Australia's tertiary education sector is in for another rocky year as revenue remains subdued in light of ongoing travel restrictions....
Crest Economics
Feb 22, 20212 min read
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Update on Inflation and Wages– February 2021
In the February statement of Monetary Policy, the RBA confirmed that the cash rate would not be increased until actual inflation is...
Crest Economics
Feb 15, 20212 min read
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Quantitative Easing: How much more money do we need? February 2021
The Reserve Bank of Australia (RBA) has doubled their government bond buying scheme to $200 billion, showing that economic recovery...
Crest Economics
Feb 7, 20211 min read
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Can’t Stop, Won’t Stop, GameStop – January 2021
This past week, stock markets saw increased volatility due to frenetic retail trading behavior in certain heavily shorted stocks. Amongst...
Crest Economics
Jan 31, 20212 min read
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RBA hints at rising house prices and imminent danger ahead- January 2021
With the cash rate at 0.1%, the Reserve Bank of Australia and the Australian Prudential Regulation Authority are prepared to tighten...
Crest Economics
Jan 24, 20212 min read
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