by Karl Fitzgerald | Jan 23, 2007 | Letters to the Editor
The Mercury House prices have pushed us into the top 20 of unaffordable cities in the world. After seven years of boom, the legacy of this government, elected by ordinary working people, will be a city owned by the elites. It need not be so. House building is a...
by Karl Fitzgerald | Jan 22, 2007 | Press Releases
Higher interest rates are the surface issue “The Great Australian Dream is being threatened by speculative forces rather than interest rates” said Prosper Australia spokesman Karl Fitzgerald today. The Howard Government’s expansion of negative gearing in 1996 put the...
by Karl Fitzgerald | Jan 20, 2007 | Letters to the Editor
The Australian Mr Michael Janda’s advocacy of land value taxation as a means of lowering the tax burden on both workers and entrepreneurs is well advised. As Adam Smith recognized, there are only three factors of production – land, labour and capital – and...