HSC Economics Update For The Week – 9th Feb to 16th Feb

Feb 16, 2014

Australian Unemployment figure hits 10 year high

This week it was announced that the Australian unemployment rate hits 10 year high to 6%. Read more here

China export figures out this week show signs of defying slowdown

With China making up most of Australian exports this is good news for the Australian Economy. Read more at Bloomberg here.

Euro-Area Economic Growth Figures stronger than expected

France and Germany are keeping the Euro region growing. Click here for the full article

How the RBA can reduce the unemployment rate

Ross Gittins in his article from Saturday, Why the jobs will come though we can’t say where. explains how the RBA can reduce the unemployment rate.

So what’s the Reserve’s ”jobs plan”? You ought to know. It’s to encourage borrowing and spending on consumption and investment – and, in the process, counter the employment-dampening effect of our still-too-high exchange rate – by keeping interest rates at near-record lows. With any luck, our dollar will fall further as the US Federal Reserve phases out its policy of ”quantitative easing” (creating money).

What makes our Reserve so confident doing this will, before too many months have passed, create lots of additional jobs and get the unemployment rate heading back down towards 5 per cent? Well, apart from orthodox economic theory, decades of experience. It’s worked every other time, why won’t it work now?

As for the government itself, there is more it could be doing to enhance the economy’s job-generating capacity. One is to borrow as much as necessary to provide our businesses with adequate public infrastructure and ensure existing infrastructure is used efficiently through such things as appropriate pricing.

Australian Dollar back above 0.90c to 1 USD.

12 month chart below shows where the Aussie dollar has been in the last 12 months. Falling dollar will help exports and hopefully offset any slowdown in the mining sector.

Screenshot 2014-02-16 17.13.43

HSC CoWorks offers HSC Tuition and HSC Coaching in Sydney across a number of subjects, including HSC Economics. Our team is made up of a team of HSC experts. Experienced HSC teachers, HSC markers, high achieving ex-students and certified life coaches. We have been a part of successful HSC campaigns since 1996 and in this time we have worked with 1000s of students as they have made the climb up Mount HSC® to get into their dream University course.

 

“Let’s Talk About the HSC”

The ultimate podcast for students and parents navigating the journey of the HSC. Presented by HSC CoWorks, each episode dives into the challenges and triumphs of the HSC experience, offering expert advice, study tips, and insights into achieving academic success.

Whether you’re preparing for exams, managing stress, or looking for ways to stay motivated, this podcast is your go-to guide for all things HSC. Join us as we chat with educators, students, and professionals to help you thrive during this important academic milestone!

Instagram

Year 11 exams are often the first time students realise something isn’t quite working.
❌Hours of study.. Still forgetting everything in the exam.
❌Understand it at home...But freeze under pressure.
❌Trying hard...But overwhelmed balancing every subject at once.
The reality is that succeeding isn’t just about working harder. It’s about learning how to prepare, how to study, and how to perform when it matters.
At HSC CoWorks, we coach students to build the habits, confidence and exam skills they’ll rely on for their Year 11 exams and throughout Year 12.
#hsccoworks #hsc2027 #year11 #year11exams #free14daytrial
Chatswood campus has had a glow up 🌟 
Bringing the good vibes with more whiteboards, greenery, and lighting creating a space you’ll want to be every week as we support you up Mount HSC! 
#hsccoworks #hsc2026 #coworks #hscstudy
Study comes differently to our students. Here at HSC Coworks we foster a culture of studying because we want to, not because we have to! Our coaches ensuring students are locked in for #hsctrials ! 
#hsccoworks #hsc2026 #hscmotivation
When students think about preparing for Year 12, they often picture buying new stationery, organising folders, or enjoying one last holiday before the “real work” begins. The reality is that the students who thrive in Year 12 don’t wait until the first day of school to get organised. They start before the year even begins. While many Year 11 graduates spend the holidays doing a very minimal amount, the highest-performing students use that time to build a foundation that gives them confidence, clarity and momentum from the very first week.
Read our 3 tips for getting ahead on the blog
#hsc20207 #hsccoworks #hscstudytips #conquermounthsc
Thinking of studying away from home for uni?? Here’s why taking the risk is so worth it!
Moving from Sydney to Canberra was one of the biggest shifts Tara has made in her life, and her honest advice?... “You have to get out of your comfort zone”! However the independence, the new routines, and the chance to meet new friends are absolutely worth the initial uncertainty. In this episode, Tara discusses her degree in Psychology, Neuroscience, and Philosophy - a brand new program at ANU - and also what campus life is really like. 
A must watch for anyone contemplating moving interstate for University next year!
#UniLife #hsccoworks #HSC2026 #ANU #canberravibes