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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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US Economy Update - January 2021
Major political events across the US in the past weeks have spelt dramatic economic changes to the world's leading economy as...
Crest Economics
Jan 18, 20211 min read
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Brexit is finally here – What’s next? - January 2021
The UK will leave the European Union’s single market and customs union in a historic break that will forever redefine their relationship....
Crest Economics
Jan 8, 20212 min read
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Australian Dollar Rallies from a Surge in Commodity Prices- December 2020
The Australian Dollar surged last week to 0.75 USD as the AUD/USD pair traded at highs not recorded since June 2018. There are several...
Crest Economics
Dec 17, 20202 min read
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Unexpected Changes in Australia due to COVID-19 - December 2020
Several unexpected changes were brought about as a result of COVID-19. Firstly, government debt blew out due to the downturn and the...
Crest Economics
Dec 12, 20201 min read
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Vaccine Optimism Not a Miracle Cure for the Economy- December 2020
The rollout of the Pfizer COVID-19 vaccine across the UK by next week has brought considerable pre-Christmas optimism around the world,...
Crest Economics
Dec 4, 20201 min read
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Uncertainty rises over Brexit and COVID-19- November 2020
Europe’s financial sector faces ‘peak uncertainty’ with 36 days left before the end of the Brexit transition period. With no clarity...
Crest Economics
Nov 26, 20202 min read
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Potential Vaccine Spurs Economic Optimism – November 2020
Global share markets have rose over the last week, bolstered by positive news regarding a vaccine for COVID-19. US shares rose 2.2% and...
Crest Economics
Nov 19, 20202 min read
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Economic Consequences of a Biden Presidency- November 2020
Biden’s manifesto contains a number of promises with major ramifications for the US economy. Firstly, a major increase in infrastructure...
Crest Economics
Nov 13, 20201 min read
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Quantitative Easing- November 2020
Alongside a cutting of the cash rate to a historic low of 0.1%, the RBA's announcement of its monetary policy decision last week came...
Crest Economics
Nov 5, 20201 min read
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China’s Economy Bounces back from COVID-19- October 2020
With the coronavirus pandemic mostly under control, the Chinese economy has soared back from its recessionary levels. The world’s 2nd...
Crest Economics
Oct 22, 20201 min read
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The Budget Deficit and Confidence- October 2020
The deficit of $213.7bn for 2020/21 represents a deterioration of $219.7bn since the MYEFO last December when the government was...
Crest Economics
Oct 15, 20201 min read
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Federal Budget- October 2020
The release of the delayed Federal Budget has revealed the impacts of the pandemic on the Australian economy, as well as policy...
Crest Economics
Oct 9, 20202 min read
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In the COVID-19 economic crisis, recovery is more than just the demand side- October 2020
While the economic response to the COVID-19 economic crisis has primarily focused on the infusion of Aggregate Demand (AD) by the...
Crest Economics
Oct 1, 20202 min read
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Housing Prices- September 2020
While housing prices have taken a beating since April, largely from COVID-induced reductions in demand, a 15% appreciation in the price...
Crest
Sep 23, 20201 min read
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Consumer Sentiment – September 2020
Having collapsed 9.5% in August, Westpac-MI Consumer Sentiment improved significantly in September, rising 18%. This leaves sentiment...
Crest
Sep 17, 20201 min read
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Weak Consumption hinders Economic Recovery – September 2020
The GDP Report announced this week signalled that the Australian economy had contracted by a record of 7% in the June quarter. Driving...
Crest
Sep 10, 20202 min read
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Consumer Sentiment- September 2020
Consumer sentiment for the month of August has fallen to 79.5 from 87.9 in July, a sizeable decrease following the escalation of...
Crest
Sep 3, 20201 min read
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Winding back the COVID-19 stimulus?- August 2020
The biggest risk from the COVID-19 pandemic remains the uncertainty of finding a vaccine within the next 12 months and ensuing ongoing...
Crest
Aug 27, 20202 min read
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COVID-19 and the UK Economy- August 2020
The COVID-19 crisis has hit the UK hardest among the world’s developed nations, according to new figures released by Britain’s Treasury....
Crest
Aug 20, 20201 min read
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Global disentanglement amid the pandemic- August 2020
While countries grapple with their own domestic problems borne from the ongoing COVID-19 pandemic, international organisations have...
Crest
Aug 13, 20201 min read
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