Rachel Wastell

Finance Open Education

What is the RBA cash rate?

February 9, 2021
by Rachel Wastell
Originally published on RateCity on 24th July 2019 What is the RBA cash rate and how does it affect your borrowing power? It’s probably best to start this from the...
Psychology Science

What is the Dunning Kruger Effect?

July 28, 2020
by Rachel Wastell
The more you know, the more you realise you don’t know Aristotle Wondering what the Dunning Kruger effect is? Well, first you need to consider the following question. Have you...
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Psychology Science

What are cognitive biases?

July 21, 2020
by Rachel Wastell
As it turns out, humans are inherently biased. Psychological studies have shown that our minds are easily susceptible to favouring information that suits our own agenda. Scientists call these biases of the...
Business Politics

What is AusTender, and why is it problematic?

June 5, 2020
by Rachel Wastell
Yesterday, the Australian Financial Review reported that according to AusTender watchdog’s content-tracking system, the overwhelming majority of contract work – $900 million of $1.1 billion spent between 2013 and 2018 –...