Good morning budding Economists, Australia last week posted 23 years of continuous Economic Growth(ie – without two consecutive quarters of contraction). Well done Australia! The big question though is can we continue this run with a slow down in mining from a...
Starting May 31st 2014, the HSC CoWorks will be kicking off new concept “Saturday Night Lockdowns”. With the start of Term 2 and less than 170 days to go until the final HSC exams, now is the time for every student to be putting everything they have into...
Following on from my last economics blog about International organisations affecting trade, I thought it would be good to continue to look at trade and globalisation. This week we look at trade agreements and blocs that Australia is involved in. These are useful for...
Exchange rates are constantly changing according to the global demand and supply of currencies across the globe. An exchange rate refers to the rate at which a unit of domestic currency is exchanged for a given amount of a foreign currency (Riley 2011). It is both a...
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...
