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	<title>Prosper Australia</title>
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	<link>http://www.prosper.org.au</link>
	<description>Access → Opportunity → Prosperity</description>
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		<title>Tax reform and climate change</title>
		<link>http://www.prosper.org.au/2012/05/17/tax-reform-and-climate-change/</link>
		<comments>http://www.prosper.org.au/2012/05/17/tax-reform-and-climate-change/#comments</comments>
		<pubDate>Thu, 17 May 2012 03:07:53 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[David Collyer]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4329</guid>
		<description><![CDATA[The Productivity Commission has just released a draft report on climate change adaptation for public comment. The report examines economic reform options in two broad categories: adaptations to uncertain future climate trends with benefits only under certain climate change scenarios &#8211; to which it gives low priority; and, low-cost, reversible actions that can be taken [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Muck in Marrickville</title>
		<link>http://www.prosper.org.au/2012/05/08/muck-in-marrickville/</link>
		<comments>http://www.prosper.org.au/2012/05/08/muck-in-marrickville/#comments</comments>
		<pubDate>Tue, 08 May 2012 04:39:12 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[boom-bust]]></category>
		<category><![CDATA[David Collyer]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[speculation]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4295</guid>
		<description><![CDATA[Today&#8217;s Sydney Morning Herald has a breathless article about a flipper couple who bought, renovated and have for sale a Marrickville terrace. The underlying message: there’s profit in the renovation game. My back-of-envelope calculations based on the article’s figures show they will lose around $43,000 on the transaction if they sell for the $680,000 mentioned [...]]]></description>
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		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Ride for free or pay the fine</title>
		<link>http://www.prosper.org.au/2012/05/02/ride-for-free-or-pay-the-fine/</link>
		<comments>http://www.prosper.org.au/2012/05/02/ride-for-free-or-pay-the-fine/#comments</comments>
		<pubDate>Tue, 01 May 2012 20:50:16 +0000</pubDate>
		<dc:creator>Gavin R. Putland</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Dr Gavin Putland]]></category>
		<category><![CDATA[economic rent]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4275</guid>
		<description><![CDATA[In his second budget, Victorian Treasurer Kim Wells is aiming for a surplus of $155 million, of which $109 million is due to increased fines. The Government has budgeted for $662.5 million in total fines, including $306 million from road-safety cameras, in 2012-13. Exceeding the speed limit by less than 10km/h will now cost you [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2012/05/02/ride-for-free-or-pay-the-fine/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Seller Strike, Buyer Strike</title>
		<link>http://www.prosper.org.au/2012/05/01/seller-strike-buyer-strike/</link>
		<comments>http://www.prosper.org.au/2012/05/01/seller-strike-buyer-strike/#comments</comments>
		<pubDate>Tue, 01 May 2012 06:33:09 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[boom-bust]]></category>
		<category><![CDATA[David Collyer]]></category>
		<category><![CDATA[Home Buyer's Strike]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[rates]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4267</guid>
		<description><![CDATA[The solid new trend of falling house prices is confirmed by the ABS today with real prices now in retreat for seven quarters and the downward path accelerating. ]]></description>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Repeal Stamp Duty!</title>
		<link>http://www.prosper.org.au/2012/04/26/campaign-to-repeal-stamp-duty-launched-in-melbourne/</link>
		<comments>http://www.prosper.org.au/2012/04/26/campaign-to-repeal-stamp-duty-launched-in-melbourne/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 03:47:46 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Campaigns]]></category>
		<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[David Collyer]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4259</guid>
		<description><![CDATA[Buying a home is a major life-event.  Most people need a mortgage to bridge the gap between their savings and house prices.  But the Victorian government imposes Stamp Duty at this critical point, increasing the capital needed and lengthening mortgage repayments by an average seven years. Many citizens are either excluded or deterred from home ownership by this extra cost, which traps them in the rental market. We are all diminished.

There is a better way.  Remove this burden and fund the change by ending the principal residence exemption from State Land Tax an efficient and just way to fund government.
]]></description>
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		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Global financial collapse – what’s happening to us?</title>
		<link>http://www.prosper.org.au/2012/04/24/global-financial-collapse-whats-happening-to-us/</link>
		<comments>http://www.prosper.org.au/2012/04/24/global-financial-collapse-whats-happening-to-us/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 05:16:23 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Bryan Kavanagh]]></category>
		<category><![CDATA[economic rent]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[site rental]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4239</guid>
		<description><![CDATA[]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Psst! Stamp duty can be avoided</title>
		<link>http://www.prosper.org.au/2012/04/23/psst-stamp-duty-can-be-avoided/</link>
		<comments>http://www.prosper.org.au/2012/04/23/psst-stamp-duty-can-be-avoided/#comments</comments>
		<pubDate>Mon, 23 Apr 2012 06:40:19 +0000</pubDate>
		<dc:creator>Gavin R. Putland</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[land tax]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4219</guid>
		<description><![CDATA[As the Fairfax papers reported on April&#160;14, the NSW government has rejected yet another recommendation to replace conveyancing stamp duty by a broad-based land tax. That is the effect of the &#8220;stamp duty replacement tax&#8221; recommended on page 13-4 of the Lambert Report, delivered in September and quietly released in February. It is often said [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2012/04/23/psst-stamp-duty-can-be-avoided/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Nine Quarters of Weak Land Sales</title>
		<link>http://www.prosper.org.au/2012/04/19/nine-quarters-of-weak-land-sales/</link>
		<comments>http://www.prosper.org.au/2012/04/19/nine-quarters-of-weak-land-sales/#comments</comments>
		<pubDate>Thu, 19 Apr 2012 06:12:35 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[boom-bust]]></category>
		<category><![CDATA[David Collyer]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[land supply]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4203</guid>
		<description><![CDATA[Australia has experienced nine quarters of falling land sales volumes with the last five quarters flatlining forty per cent below long term averages. The big falls in prices we have been predicting are now a certainty.]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2012/04/19/nine-quarters-of-weak-land-sales/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The Sunshine State at Sunset</title>
		<link>http://www.prosper.org.au/2012/04/18/the-sunshine-state-at-sunset/</link>
		<comments>http://www.prosper.org.au/2012/04/18/the-sunshine-state-at-sunset/#comments</comments>
		<pubDate>Wed, 18 Apr 2012 06:50:30 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[boom-bust]]></category>
		<category><![CDATA[David Collyer]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4195</guid>
		<description><![CDATA[ If BoQ writes big losses and needs capital due to land price falls so far, what shape will the bank be in when the big corrections start?]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2012/04/18/the-sunshine-state-at-sunset/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>House Price Bust: Why Talk of a Bubble Won&#8217;t Wash</title>
		<link>http://www.prosper.org.au/2012/04/18/house-price-bust-why-talk-of-a-bubble-wont-wash/</link>
		<comments>http://www.prosper.org.au/2012/04/18/house-price-bust-why-talk-of-a-bubble-wont-wash/#comments</comments>
		<pubDate>Wed, 18 Apr 2012 00:53:53 +0000</pubDate>
		<dc:creator>Philip Soos</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[Philip Soos]]></category>
		<category><![CDATA[speculation]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=4188</guid>
		<description><![CDATA[Philip Soos notes eight of the nine substantial property price increases over the last 131 years have resulted in a decline. He can't see why the largest increase on record would not precede another drop now. Soos does not buy the argument that Australia is suffering from a "chronic housing shortage", saying property prices have continually experienced boom-bust cycles regardless of population growth.]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2012/04/18/house-price-bust-why-talk-of-a-bubble-wont-wash/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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