Prosper Australia

photo credit: Hexadecimal Time Letter to the Editor – Aust Financial Review Dr Terry Dwyer (Read Dr Dwyer’s Henry Review Submission) The Henry Tax Review has rightly acknowledged the fundamental economic principle that a tax on land (including resource) rents is the ultimate non-distorting tax. Whether a resource rent tax is the best way to [...]

photo credit: pfala Letter to the Editor THE AGE, MAY 4: Bryan Kavanagh, Glen Waverley WHEN an owner leases out his or her former business as a going concern, i.e. the freehold and the business, it is not uncommon for the net profit before income tax and depreciation to be split equally between the landlord [...]

I had a letter published in The Sunday Age on the 25th of May. Real estate agents and their constant spruiking of the “boom” had finally gotten up my nose. They go around crowing about the rising prices while ordinary Australians get priced out of the market. When you really think about it who benefits [...]

photo credit: Darco TT Letter to the Editor Crikey E-Newsletter Dr. Gavin R. Putland, Director, Land Values Research Group, Prosper Australia, writes: Re. “Kevin, will that be two terms, or four?” (yesterday, item 16). No, Nicholas Gruen, don’t cap negative gearing, because no matter how generous the cap is, the speculators will still scream about [...]

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 solution – to quarantine negative gearing – invites the property spivs to (again) deafen us [...]

photo credit: mugley Letter to the Editor David Barkly Nunawading Speculators have excelled themselves with their land banking. A realistic flat-rate land tax would discourage speculation. It would be equitable because land values rise due to community action, including the provision of infrastructure such as railways, roads, public buildings and other facilities, not through the [...]

You’ve got to love real estate spruikers. They are so consistent and always so wrong. David Morrell purports to be a buyers’ advocate. On 5th March in The Age he was saying how you can’t go wrong with “land banking” in Toorak. Well maybe. Land banking is the quite revolting activity of buying up desirable [...]

photo credit: eqqman Letter to the Editor Andrew Gunter Hawthorn East THE Housing Industry Association’s Gil King says that “any policies that aim to speed up development applications and increase Victoria’s housing stock are welcomed” (The Age, 10/9). So does the HIA support the replacement of stamp duty and payroll tax with land tax collecting [...]

photo credit: tholmb Letter to the Editor – The Post (W.A) Niels Charlier Jolimont Dear Editor, Re your report, ” ‘Wrong’ rates ping home builder” (POST 15/8). Gill Vivian is absolutely right when she says she is being penalised for helping to improve her suburb, and that the system is wrong. The alternative is however [...]

photo credit: Dean Terry Letter to the Age DAVID BARKLEY 19 July, 2009 Dear Editor, Graham Wines (Letters, 18/7) refers to the cost of urban sprawl. Some people hold land unused and grow rich while they sleep, as the land value increases. The best way to curb the resulting outer metropolitan sprawl would be to [...]