Another Day Another Affordability scare

by | Feb 29, 2008 | Commentary

The bluntness of Interest Rates is again in the news: Average Pay Wont Buy a Home. Whilst we hear again that mortgage payments are taking an increasing share of our pre-tax income (now 37.4% to service a median home), the Opposition Treasurer Malcolm Turnbull proposed...

Fred Harrison’s YouTube premier

by | Feb 26, 2008 | Commentary, Multimedia

Make sure you watch this 7 minute expose on the Tax Clawback scam. Some of you may recognise Ross Ashcroft from our Comics of Economics night earlier in the year. Check Earthsharing’s YouTube channel to keep in touch with Australia’s latest. We have a few...

Deeper in Debt

by | Feb 22, 2008 | Past Events

Thursday March 13th, 7.00pm, Frank Halkyard Library, Prosper Australia rooms in conversation with Bryan Kavanagh Join leading economics commentator Steve Keen as he discusses his new report Deeper in Debt. (PDF, 1.5MB) Assoc Professor Keen, author of Debunking...

Meals skipped to pay rent

by | Feb 22, 2008 | Commentary

An article summarising the National Housing Conference in Sydney yesterday called for all the usual policy reforms: cull negative gearing & First Home Owners Grants, reform capital gains tax and rent assistance. ‘These are measures that add to demand for...

Investors’ Housing Splurge

by | Feb 18, 2008 | Commentary

Tim Colebatch’s interesting article today on Investors’ Housing Splurge shows how dominant the speculative dollar is over the genuine developer’s dollar. Colebatch says “Only one in every 12 dollars lent to investors was used to build...