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Does your SMSF have a goat?

Those with a Self Managed Superannuation Fund who hold englobo land in Victoria will need a fresh accessory after the state budget: a goat to eat weeds. Treasurer Tim Pallas has kindly extended the englobo wheeze that deems unimproved land within urban growth...

Monopoly rents on notice

The last few weeks have seen more good news in support of our objectives for economic justice. Monopoly rents have been called into question in a variety of different guises. Yesterday Peter Orszag (Obama’s budget czar) was in Australia for a conference and was...

Swing that Cat!

New Sydney flats will have to be bigger, the NSW Land and Environment Court ruled last week, overturning long accepted common practice allowing minimum one-bedroom unit sizes at 50m2. Dual-aspect flats must be a minimum 58m2 and more common single-aspect flats 73.4m2....

Value Capture trumps Tolls

Yesterday’s press release was quoted in The Age article Pay Up: Grand Plan to get big projects built. After quoting the soft option of tolling drivers, which has failed spectacularly as a financing mechanism in NSW and QLD, the article moves on to quote the...

Sydney Swans and Melbourne Demons

What passes for analysis or commentary on property matters in Australia’s media is bloody woeful. Robert Gottliebsen is out this morning on Business Spectator Why Sydney won’t mirror Melbourne’s apartment glut supposedly comparing Sydney and...

Vic Govt need for policy integrity

The new Andrews Government provides a fresh opportunity for reviewing the role of state revenues. The current property bubble has provided a windfall in Stamp Duty revenues allowing for considered reform. The hot topics the State government must address to enhance its...