Nathan McClelland - Economics Students Society of Australia

Nathan McClelland

Cash or card...or Afterpay?

Cash or card...or Afterpay?

It’s approaching the time of year where your bank balance normally takes a hit. Subsequently, more and more Australians are turning to non-traditional payment methods such as Afterpay, Zippay, Openpay and Oxipay to name a few. It’s impractical to talk about the intricacies of all these services, so

Does the collapse of the Turkish lira pose more than just a local threat?

Does the collapse of the Turkish lira pose more than just a local threat?

In the off chance you had better things to do than track the performance of the Turkish lira, I shall provide you a quick update. Over the last few weeks, Turkey’s currency has collapsed more than 20% against the US dollar. Foreign investors have been pulling money out of

Explaining the recent tumble in US stocks

Explaining the recent tumble in US stocks

America’s economic outlook has strengthened in recent months. Unemployment has stayed low, wages have increased, and economic activity has surged.[1] However, the recent movement in the Dow Jones Industrial Average tells a different story. The current market volatility can be explored by using the Dow, an index which