Did you know that right now we actually have a negative real interest rate?
Hold up… brain explosion! Am I the only one who’s a bit confused?
The thing is, it has a lot to do with the fact that the RBA has recently dropped the cash rates to a historical low!
But what does that mean? Why did the RBA decide to cut the rates and why now?
In this episode of the HSC Economics review, we’ll take a look at the reasons WHY the cash rate has been cut as well as ANALYSE how you can apply this knowledge within your exams!
The HSC Economics Review Ep #5:
What is the HSC Economics Review?
Each month we’re going to bring you new episodes of the HSC Economics Review where our HSC Economics team, will…
- Break down the major economic updates and statistics for the last month that you need to know
- Discuss any major government economic policy updates
- Analyse and deconstruct the changing trends and policies so you can use this in your HSC Economics essays to score that Band 6!
Who are we and why should you trust our HSC Economics analysis?
Terry is a qualified teacher who has completed a Bachelor of Commerce / Bachelor of Secondary Education at UNSW, where he was awarded 1st Place in the Commerce/Education course. He has taught at some of NSW’s top schools including North Sydney Boys, Normanhurst Boys and Hornsby Girls. Terry loves watching basketball and going to the gym (he has a secret goal to compete in powerlifting).
Rowan is the CEO of Art of Smart Education and has spent the last 10 years conducting research with Australia’s Top 2% of students. He is the author of Secrets of HSC Success Revealed and has worked with over 10,000 students in the last decade. Over this time Rowan has taught HSC Economics (he’s a Economics Nerd) and has helped students achieve State Rankings including 1st in NSW. Rowan has a Bachelor of Arts/Law from USYD and scored a 99.6 ATAR and scored a Band 6 in HSC Economics.
Need more support for HSC Economics?
We’ve got your back with our small classes and 1 on 1 economics tutoring sessions!
Terry and Rowan lead our HSC Economics classes at our campus in Hornsby and we’ve got an incredible team of 1 on 1 tutors who can also support you!
To find out more and get started with our HSC Economics classes or one of our inspirational tutors and mentors get in touch today!