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	<title>Prosper Australia</title>
	<link>http://www.prosper.org.au</link>
	<description>Access → Opportunity → Prosperity</description>
	<lastBuildDate>Wed, 01 Feb 2012 21:41:17 +0000</lastBuildDate>
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		<title>Empty homes, empty claims</title>
		<description><![CDATA[27/01/2012 Letter to the editor The Age How are the real estate spruikers going to explain away Melbourne’s reported rental vacancy rate of 4.4% (“Melbourne Full of Empty Homes&#8221; Age 26/1/12)? Developer lobbyists were crying for new land releases when vacancy rates were low to provide affordable (read “isolated and without infrastructure&#8221;) housing, so what’s [...]]]></description>
		<link>http://www.prosper.org.au/2012/02/02/empty-homes-empty-claims/</link>
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	<item>
		<title>Taxi!  Tax Me!</title>
		<description><![CDATA[Citizens retreat confused when talk turns to Economic Rents. The taxi industry is an excellent example of how assets granted by government create economic rents – at the expense of the wider community. There are 5181 taxi licences in Victoria, of which the Department of Transport&#8217;s Victorian Taxi Directorate leases about 1100 licences to operators [...]]]></description>
		<link>http://www.prosper.org.au/2012/02/01/taxi-tax-me/</link>
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		<title>Economics Demystified Seminar</title>
		<description><![CDATA[photo credit: Ferdinand Reus Saturday 11th February 10.15 for a 10.30 start. Conclude by 4pm Prosper Rooms, Lvl 1/ 27 Hardware Lane, Melb Facilitator: Raymond Makewell A Georgist seminar on the principles of economics as if society mattered. How is wealth produced? Is economics to ensure growth or to balance our rights on planet earth [...]]]></description>
		<link>http://www.prosper.org.au/2012/02/01/economics-demystified-seminar/</link>
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		<title>Housing bubble trouble: separating facts from fiction</title>
		<description><![CDATA[Reprinted from academic e-zine The Conversation In a previous article, I analysed four of the common arguments used by those who deny there is a bubble in Australia’s residential property market. The bubble deniers have employed other explanations for the largest run-up in prices in Australia’s 131 years of land sales records. Restrictive government regulations [...]]]></description>
		<link>http://www.prosper.org.au/2012/01/27/housing-bubble-trouble-separating-facts-from-fiction/</link>
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		<title>Not So Fast!</title>
		<description><![CDATA[ABS Inflation data out today shows a big fat zero: we have nil inflation, at least for this quarter. The consequences for interest rates are profound. Mortgage rates may seem reasonable at 6 to 7 per cent.  In practice they are agony. A real interest rate of 6 per cent is a significant transfer of [...]]]></description>
		<link>http://www.prosper.org.au/2012/01/25/no-so-fast/</link>
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		<title>Australia deserves better property sales data</title>
		<description><![CDATA[12 January 2012 Prosper calls for timely, rigorous and transparent statistics on property sales to be collected by the ABS. “Property is the single largest asset market in Australia – worth around $5 Trillion,” Prosper Australia Campaign Manager David Collyer said today. “It is of profound importance to individual and national prosperity. The lack of [...]]]></description>
		<link>http://www.prosper.org.au/2012/01/12/australia-deserves-better-property-sales-data/</link>
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		<title>A New Year’s Resolution &#8211; Don’t Buy Now!</title>
		<description><![CDATA[The Australian property market ended 2011 on the ground in a foetal position after a serious assault by Harsh Reality. Symptoms include: • A year’s supply of unsold houses on the market • Low and falling building applications • Low and falling finance approvals • Failing auctions nationwide • First home buyer indifference • Universal [...]]]></description>
		<link>http://www.prosper.org.au/2012/01/10/a-new-year%e2%80%99s-resolution-don%e2%80%99t-buy-now/</link>
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		<title>Melbourne property ‘Stale Stock’ huge</title>
		<description><![CDATA[16 December 2011 MELBOURNE:- The number of properties offered for sale and unsold in Melbourne continues to grow. In the last 30 days ‘Stale Stock’ has risen 4.2 % to 94,467, after 6.2% growth last month. This follows a 20.4 per cent rise in September and an 18 per cent rise in August. “Supply and [...]]]></description>
		<link>http://www.prosper.org.au/2011/12/16/melbourne-property-%e2%80%98stale-stock%e2%80%99-huge/</link>
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		<title>Change or suffer</title>
		<description><![CDATA[Australian land prices are falling. They will continue to fall until their fundamental economic link to incomes and rents are fully restored. Many with large mortgages will be crushed by these towering liabilities when their equity is erased. This claim is bitterly resisted by the politico-housing complex and most homeowners, who see the exponential land [...]]]></description>
		<link>http://www.prosper.org.au/2011/12/13/change-or-suffer/</link>
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		<title>A Walk in the Park</title>
		<description><![CDATA[&#160; &#160; The City of Boroondara craves more parkland. Council wants open space within 500 metres of all residents without crossing a major road. This is a worthy objective that will improve the health and wellbeing of all, and every local government should embrace the idea. There are a few problems. Boroondara will have to [...]]]></description>
		<link>http://www.prosper.org.au/2011/12/07/a-walk-in-the-park/</link>
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