CrestJul 2, 20201 minRBA’s Policy Actions- July 2020The RBA reports that COVID-19 is having a more dramatic effect on the Australian economy than did the GFC. In Australia, the rate of...
CrestJun 25, 20201 minUnemployment-June 2020The unemployment rate has increased to 7.1% as of May, the highest since October of 2001. While the 0.7% increase from April reflects a...
Crest EconomicsJun 18, 20201 minExchange Rate Predictions- June 2020Westpac has lifted its AUD forecasts to USD0.72 by the end of 2020 and USD0.76 by the end of 2021. This is on the back of a recent rise...
Crest EconomicsJun 11, 20201 minCurrent Account Surplus- June 2020With pandemic restrictions easing, there has been a treacherous return to normality for many Australian businesses. However, it's not all...