Travis Huynh - Economics Students Society of Australia

Travis Huynh

Credit Ratings Agencies: The Backbone of The Financial Sector

Import 2022-12-14 05:06

Credit Ratings Agencies: The Backbone of The Financial Sector

What do ratings agencies do? Credit rating agencies are agencies that provide informed opinions on how likely a business is to honour all its debt obligations to investors[i]. Ratings agencies first analyse a business’s cash flow drivers and circumstances. A letter grade is then assigned, (typically ranging from

Does Australia’s Retirement Income System Provide Adequate Retirement Outcomes?

Does Australia’s Retirement Income System Provide Adequate Retirement Outcomes?

Will I have enough money to retire? It’s not a question that many people think about until they near the end of their working lives. The question of how much to retire with is an important one. After all, everyone only has one chance to get it right. Most

Should the Superannuation Guarantee increase to 12%?

Should the Superannuation Guarantee increase to 12%?

Amidst the economic recovery currently underway in Australia, the federal government has an important decision that will decide the retirement outcomes for all Australians. This decision is whether or not to stop the planned increases in the Superannuation Guarantee (SG) rate. The rate currently stands at 9.5% (of earnings)

Not so super: How the Superannuation Early Release Scheme affects all Australians

Import 2022-12-14 05:06

Not so super: How the Superannuation Early Release Scheme affects all Australians

The COVID-19 crisis has caused many Australians to fall into financial distress. To help those doing it tough, the Australian Government announced the COVID-19 Superannuation Early Release Scheme along with their $66b stimulus package on March 21st.[1] The scheme granted Australians access to up to $20 000 of their

What goes up, must come down: An analysis of market bubbles

What goes up, must come down: An analysis of market bubbles

What are they? Market bubbles (or asset bubbles) are a type of economic cycle in which the market value of an asset rises significantly above their fundamental value due to high levels of speculative trading. This inflated value of the asset is short-lived, and the value of the asset will

What can developing nations learn from developed nations?

What can developing nations learn from developed nations?

What is economic growth? Economic growth is the sustained increase in a country’s ability to create more goods and services over time. It is commonly measured using gross domestic product (GDP)—the value of all finished goods and services produced in an economy over a given period.[1] For