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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>Land banking</title>
		<link>http://www.prosper.org.au/2010/03/12/land-banking/</link>
		<comments>http://www.prosper.org.au/2010/03/12/land-banking/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 04:14:46 +0000</pubDate>
		<dc:creator>Mark Hassed</dc:creator>
				<category><![CDATA[Letters to Editorials]]></category>
		<category><![CDATA[Talking Points]]></category>
		<category><![CDATA[land banking]]></category>
		<category><![CDATA[letter]]></category>
		<category><![CDATA[the age]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1815</guid>
		<description><![CDATA[You&#8217;ve got to love real estate spruikers. They are so consistent and always so wrong.
David Morrell purports to be a buyers&#8217; advocate. On 5th March in The Age he was saying how you can&#8217;t go wrong with &#8220;land banking&#8221; in Toorak. Well maybe.
Land banking is the quite revolting activity of buying up desirable land (often [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Hudson: Wall St Moves in for the Kill</title>
		<link>http://www.prosper.org.au/2010/03/02/hudson-wall-st-moves-in-for-the-kill/</link>
		<comments>http://www.prosper.org.au/2010/03/02/hudson-wall-st-moves-in-for-the-kill/#comments</comments>
		<pubDate>Mon, 01 Mar 2010 23:52:32 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Michael Hudson]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1797</guid>
		<description><![CDATA[ photo credit: elodole

MICHAEL HUDSON
Former Treasury Secretary Hank Paulson wrote an op-ed in The New York Times yesterday, February 16  outlining how to put the U.S. economy on rations. Not in those words, of course. Just the opposite: If the government hadn’t bailed out Wall Street’s bad loans, he claims, “unemployment could have exceeded [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>GAIC fails to sprawl</title>
		<link>http://www.prosper.org.au/2010/02/24/gaic-fails-to-sprawl/</link>
		<comments>http://www.prosper.org.au/2010/02/24/gaic-fails-to-sprawl/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 02:25:41 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[land supply]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1785</guid>
		<description><![CDATA[
The Brumby government&#8217;s ill-fated Growth Areas Infrastructure Tax was defeated in the Victorian Senate last evening. 
This spells the danger of poor land policy. Why did they attempt to charge $95,000 per hectare as a flat fee? Why wasn&#8217;t this infrastructure cost spread over a 20 year period as per traditional council bond funded infrastructure [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/02/24/gaic-fails-to-sprawl/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investors understand economics re Resource Rents</title>
		<link>http://www.prosper.org.au/2010/02/18/investors-understand-economics-re-resource-rents/</link>
		<comments>http://www.prosper.org.au/2010/02/18/investors-understand-economics-re-resource-rents/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 00:34:12 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[resource rentals]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1771</guid>
		<description><![CDATA[ photo credit: Robbert van der Steeg

Surprise! A new Age survey found that investors were concerned about the Henry Review&#8217;s proposed Resource Rent Tax:
&#8230; a staggering 92 per cent believed that the higher taxes would hurt the share prices of resource stocks. Long-term effects were also considered, with 25 per cent believing that a resource [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Raising Revenue from Mineral Deposits</title>
		<link>http://www.prosper.org.au/2010/02/17/raising-revenue-from-mineral-deposits/</link>
		<comments>http://www.prosper.org.au/2010/02/17/raising-revenue-from-mineral-deposits/#comments</comments>
		<pubDate>Wed, 17 Feb 2010 00:47:36 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Progress Magazine]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[Progress]]></category>
		<category><![CDATA[resource rentals]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1776</guid>
		<description><![CDATA[ photo credit: ToOliver2

Dr Gavin Putland
Taken from the Dec &#8211; Jan edition of Progress.
Download Progress &#8211; Dec Jan 2009 edition
]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/02/17/raising-revenue-from-mineral-deposits/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mental Health and Property Bubbles</title>
		<link>http://www.prosper.org.au/2010/02/16/mental-health-and-property-bubbles/</link>
		<comments>http://www.prosper.org.au/2010/02/16/mental-health-and-property-bubbles/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 01:19:08 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1768</guid>
		<description><![CDATA[ photo credit: xeeliz

Our colleague Gavin Putland is quoted in this article by Leon Gettler:
Predicting when the property bubble will pop is bad for your mental health
PROPERTY bubbles suspend laws of supply and demand. In markets for widgets, demand goes down when the price goes up. With real estate, it&#8217;s the other way around. Higher [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The New Junk Economics: Hudson</title>
		<link>http://www.prosper.org.au/2010/02/11/the-new-junk-economics-hudson/</link>
		<comments>http://www.prosper.org.au/2010/02/11/the-new-junk-economics-hudson/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 02:20:15 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Multimedia]]></category>
		<category><![CDATA[Michael Hudson]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1759</guid>
		<description><![CDATA[
It&#8217;s hard to keep up with Professor Hudson&#8217;s rapid fire work rate. Wash the dishes to these 2 key interviews.

Guns and Butter &#8211; Obama&#8217;s Republican Class War Presidency &#8211; February 3, 2010 at 1:00pmClick to listen (or download)



Guns and Butter &#8211; The New Junk Economics:  From Democracy to Neoliberal Oligarchy &#8211; February 10, 2010 [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/02/11/the-new-junk-economics-hudson/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
<enclosure url="http://aud1.kpfa.org/data/20100203-Wed1300.mp3" length="10768384" type="audio/mpeg" />
<enclosure url="http://aud1.kpfa.org/data/20100210-Wed1300.mp3" length="10768384" type="audio/mpeg" />
		</item>
		<item>
		<title>Asset Bubbles Forever</title>
		<link>http://www.prosper.org.au/2010/02/10/asset-bubbles-forever/</link>
		<comments>http://www.prosper.org.au/2010/02/10/asset-bubbles-forever/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 02:59:10 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Past Events]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1749</guid>
		<description><![CDATA[ photo credit: moominsean

Tuesday 2nd March
Phillip J Anderson
Phil Anderson, (Economic Indicator Services) author of The Secret life of Real Estate, will discuss the economic policies of the day in light of his arresting array of charts. 
Will the commodities boom push us upwards and onwards or are other issues likely to influence 2010? 
Phillip has [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/02/10/asset-bubbles-forever/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Liberal Party&#8217;s report favours guess what?</title>
		<link>http://www.prosper.org.au/2010/02/09/liberal-partys-report-favours-guess-what/</link>
		<comments>http://www.prosper.org.au/2010/02/09/liberal-partys-report-favours-guess-what/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 02:15:57 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[land tax]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1744</guid>
		<description><![CDATA[ photo credit: Hyaground

Peter Martin, the journalist with the biggest sieve (catching all those Henry Tax report leaks), wrote recently on the LP&#8217;s highly secretive Ergas report:


The report proposes an annual land tax that would extend to the family home and would be used to fund the abolition of real estate stamp duty. &#8221;It would [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/02/09/liberal-partys-report-favours-guess-what/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hudson &#8211; The Bernanke Reappointment: Be Afraid; Be Very Afraid</title>
		<link>http://www.prosper.org.au/2010/02/02/hudson-the-bernanke-reappointment-be-afraid-be-very-afraid/</link>
		<comments>http://www.prosper.org.au/2010/02/02/hudson-the-bernanke-reappointment-be-afraid-be-very-afraid/#comments</comments>
		<pubDate>Tue, 02 Feb 2010 04:51:42 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Michael Hudson]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1735</guid>
		<description><![CDATA[
Michael Hudson
	If the economy deteriorates in the L-shaped “hockey-stick” rut that many economists forecast, what political price will President Obama and the Democrats pay for having returned the financial keys to the Bush Republican appointees who gave away the store in the first place? Reappointing Federal Reserve Chairman Ben Bernanke may end up injuring not [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/02/02/hudson-the-bernanke-reappointment-be-afraid-be-very-afraid/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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