by Karl Fitzgerald | Mar 31, 2010 | Commentary
The system gives the thumbs up to such activity, but we must alert you to the latest ‘capital gains’ success story trumpeted in today’s Business Age (check p10*). Solomon Lew bought 151- 165 Franklin St (CBD) in 1982 for $810,000. He sold it recently...
by David Collyer | Mar 30, 2010 | Articles, Talking Points
photo credit: UGArdener This morning, Reserve Bank of Australia Governor Glen Stevens appeared on Seven Network’s Sunrise program to talk up interest rates and talk down the property market. Using tabloid television to broadcast RBA views is unprecedented. It...
by Karl Fitzgerald | Mar 29, 2010 | Commentary
photo credit: chrisjohnbeckett With the housing bubble accelerating each day, sometimes you wonder if it is ever going to pop. Tim Colebatch has written a number of key articles of recent, including this one on negative gearing pointing out that investors now account...
by Karl Fitzgerald | Mar 29, 2010 | Letters to the Editor
photo credit: aphasiafilms Letter to the Editor David Collyer Balwyn THANK YOU, Tim Colebatch, for your clear-eyed review of our hopelessly distorted housing market (”Housing at these prices will leave us all a heavy debt to bear”, Comment, 23/3). Your...
by Karl Fitzgerald | Mar 26, 2010 | Press Releases
photo credit: CarbonNYC Media Release “We have the means at hand to liberate the citizens of our great country from their current financial difficulties,” Prosper Australia’s Karl Fitzgerald said today. “The answer lies in reforming our tax system. A major petition to...