Prosper Australia

By Karl Fitzgerald Crikey If we are all borne onto this planet as equals, why are some subsidised to own the planet at the expense of others? Don’t we all deserve a roof over our heads? The right to participate in the Great Australian Dream? This is what Gen X, Y (& soon Z) are [...]

$4billion Rail Tunnel back on target (17/03/06). Premier Bracks is looking to spend billions to make the wealthy suburbs more attractive (delivering millions in land value increases to neighbouring wealthy political benefactors no doubt – we wonder which donor will receive the contracts?). Why not use the Japanese model where the developer is also the [...]

Sharon council mulls land value tax after presentation by economics official (15/03/07). Joshua Vincent from the Center for Economic Studies, Philadelphia, provides the data on why switching away from Capital Improved Valuation to Site Valuation is of economic benefit to your community.

Price of housing outstrips rent (12/03/07). Remember that whilst rents haven’t kept pace with house prices , neither have wages. Landlords have many other advantages such as negative gearing (at around $2.4billion dollars p.a in subsidy to the property lobby, mainly coming from lower & middle class citizens who could never dream to afford a [...]