Prosper Australia

The Home Buyers Strike was launched to warn prospective home owners that now is not the time to enter the market. Sign our Total Abstainers Pledge so we can demonstrate that this is a genuine movement for people who expect that housing is a human right, not a speculative priority. As of this noon today, [...]

“I warn FHB’s, the agenda of the trolls is to blow one more puff into The Great Australian Land Bubble so they can sell out before the inevitable crash.”

photo credit: patries71 Our campaign made ABC prime time radio at 7.22am this morning. In good humour Red Symons begins the interview with “I’m completely and utterly against whatever you are standing for!”. Listen to our campaigner David Collyer explain why now is not the time to be buying property. (running time 5.53). In case [...]

The first home Buyers Strike announced by tax reform group Prosper Australia last week is being supported by debt-skeptic Steve Keen. “This is an excellent idea which I endorse,” Keen said on his website (1) yesterday. “It would be a foolish personal decision to take out the size of loan now required to enter the [...]

“Two secure jobs and a good deposit are no longer enough to buy a home. First home buyers must make a life-long vow of poverty as well. It is irresponsible to expect such a sacrifice,” Collyer said. “Do not underestimate their anger and frustration at being denied land ownership and its civic benefits.”

Since 1996, residential land prices have raced from 110 per cent of GDP to nearly 220 per cent of GDP. Meanwhile, wages have declined modestly against GDP. “First Home Buyers’ incomes have simply not kept up with the strong rise in land prices. Here is the proof,” Prosper Australia Buyers Strike campaigner David Collyer said [...]

“Thousands of would-be homebuyers have committed themselves to Prosper’s Buyers Strike and are now standing out of the market,” Prosper Australia campaigner David Collyer said today. “Our call for a buyers strike has gone viral over the internet – spread far and wide by young disaffected adults locked out of home ownership. “Do not underestimate [...]

Sign the GetUp petition Join the Facebook group Tax reform group Prosper Australia today called on first home buyers to delay buying real estate ahead of the flip into a falling market, which it described as ‘imminent’. RP Data reports there are over 900 Melbourne auctions scheduled for the weekend and 2700 over the next [...]

Arab cities lack even the basic facilities we take for granted in the West. The royals live alongside. Their giant palaces nestle in irrigated manicured gardens surrounded by high walls and efficient security.

Last Thursday, the Australian Financial Review leaked Treasury forecasts that the revenues lost in the Gillard Government’s back down on the mining tax will exceed $100 billion over the next ten years