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	<title>Prosper Australia</title>
	<link>http://www.prosper.org.au</link>
	<description>Access → Opportunity → Prosperity</description>
	<lastBuildDate>Thu, 24 Jul 2008 01:37:36 +0000</lastBuildDate>
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	<language>en</language>
	
	<item>
		<title>Insights on Canberra&#8217;s Land Rent Bill</title>
		<description><![CDATA[
Gavin Putland
The ACT&#8217;s Land Rent Act, with promised savings of 79% compared to the standard mortgage-based system of home ownership, took effect on July 1. This is an innovative housing affordability policy. Here&#8217;s what I wrote about it a week before it became law.
I make the following assumptions (which do not seem to be spelt [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Insights on Canberra&#8217;s Land Rent Bill", url: "http://www.prosper.org.au/2008/07/23/insights-on-canberras-land-rent-bill/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/23/insights-on-canberras-land-rent-bill/</link>
			</item>
	<item>
		<title>Devouring the Planet - True Cost of Food</title>
		<description><![CDATA[
Time: 7pm, Friday August 1
A kilogram of beef contains between 15,000 and 100,000 litres of embodied water. For every kilogram of wheat grown in Australia, seven kilograms of topsoil are lost. We give lip service to concerns about peak oil and greenhouse gases, yet our agricultural industry is utterly dependent on unsustainable quantities of polluting [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Devouring the Planet - True Cost of Food", url: "http://www.prosper.org.au/2008/07/22/devouring-the-planet-true-cost-of-food/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/22/devouring-the-planet-true-cost-of-food/</link>
			</item>
	<item>
		<title>Interview with Fred Harrison - Silver Bullet</title>
		<description><![CDATA[Leading Georgist author Fred Harrison was interviewed on the Renegade Economists last week regarding his new book The Silver Bullet.
Download his 16 minute interview covering issues such as Botswana&#8217;s success, a critique of Jeffery Sach&#8217;s Resource Curse theory and an overview of colonial motivations. Essential listening/ reading for those genuine in addressing the Millennium Development [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Interview with Fred Harrison - Silver Bullet", url: "http://www.prosper.org.au/2008/07/21/interview-with-fred-harrison/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/21/interview-with-fred-harrison/</link>
			</item>
	<item>
		<title>The Silver Bullet</title>
		<description><![CDATA[
Hear the author Fred Harrison interviewed on the Renegade Economists tomorrow. Make sure you are podcasting us so you never miss the show.
Fred Harrison&#8217;s new book levels some very serious charges at the current leaders of the poverty industry.

The good intentions, the money, the rhetoric, the pity and the media histrionics are but a pinpricks [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "The Silver Bullet", url: "http://www.prosper.org.au/2008/07/15/the-silver-bullet/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/15/the-silver-bullet/</link>
			</item>
	<item>
		<title>Film Night - Global Haywire</title>
		<description><![CDATA[Tuesday July 22nd at 6.45pm for 7pm, Level 1/ 27 Hardware Lane, Melb

Join us for a warm night of films! See the Earthsharing Challenge film Who Owns Anglesea? This 10 minute short film shines a spotlight on housing affordability and how this effects the seaside town of Anglesea. 
Following this will be legendary Australian cartoonist [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Film Night - Global Haywire", url: "http://www.prosper.org.au/2008/07/11/film-night-global-haywire/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/11/film-night-global-haywire/</link>
			</item>
	<item>
		<title>Submission to the Review of State Taxation (NSW)</title>
		<description><![CDATA[The tax unit for an asset-holding tax should be the asset!
Gavin Putland
Recommendation 10 of the Draft Report of the IPART Review of State Taxation suggests &#8220;changing the tax unit for land tax from joint ownership to the individual&#8221; as a means of reducing complexity caused by aggregation of site values.
That raises the question: As land [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Submission to the Review of State Taxation (NSW)", url: "http://www.prosper.org.au/2008/07/10/submission-to-the-review-of-state-taxation-nsw/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/10/submission-to-the-review-of-state-taxation-nsw/</link>
			</item>
	<item>
		<title>Container Homes to the Rescue?</title>
		<description><![CDATA[
Desperation in the housing market is leading to varied responses. The latest the Age has promoted is the Container Home phenomenon. Miners earning $100,000 have been forced into them in Port Headland and other fast growing mining communities. Now a company is promoting shipping containers on the eastern seaboard as a means to solving the [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Container Homes to the Rescue?", url: "http://www.prosper.org.au/2008/07/07/container-homes-to-the-rescue/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/07/container-homes-to-the-rescue/</link>
			</item>
	<item>
		<title>The Gaffney Quantum Leap Effect</title>
		<description><![CDATA[
Fred E. Foldvary
In economics, the waste of resources caused by a tax has two names. One is the &#8220;deadweight loss,&#8221; a loss to the economy with no offsetting gain. The other name is the &#8220;excess burden,&#8221; since the burden on the economy is in addition to or in excess of the tax payment.
For example, suppose [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "The Gaffney Quantum Leap Effect", url: "http://www.prosper.org.au/2008/07/02/the-gaffney-quantum-leap-effect/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/07/02/the-gaffney-quantum-leap-effect/</link>
			</item>
	<item>
		<title>Rental Yield and Returns for All</title>
		<description><![CDATA[
Today&#8217;s Age Artice Higher Rentals Seen as Spur for Investment by Chris Vedelago is a good prompter to peer behind the curtains of rental yield.
Despite the headline quoting a new report saying that gross rental yields are at an attractive 5.5% for investors, CommSec&#8217;s Craig James sums it up nicely:
&#8220;Investors are concerned just as much [...]<script type="text/javascript">SHARETHIS.addEntry({ title: "Rental Yield and Returns for All", url: "http://www.prosper.org.au/2008/06/30/rental-yield-and-returns-for-all/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/06/30/rental-yield-and-returns-for-all/</link>
			</item>
	<item>
		<title>ABC TV on Canberra Land Rent proposal</title>
		<description><![CDATA[
Interesting developments in Canberra can be tracked via this ABC report:
Buy the house, rent the land: ACT&#8217;s new housing plan.
As many will know, it&#8217;s not the first time this has occurred. Read one of our most popular web pages: Canberra&#8217;s Land Leasehold system (1910 - 1971).
<script type="text/javascript">SHARETHIS.addEntry({ title: "ABC TV on Canberra Land Rent proposal", url: "http://www.prosper.org.au/2008/06/27/abc-tv-on-canberra-land-rent-proposal/" });</script>]]></description>
		<link>http://www.prosper.org.au/2008/06/27/abc-tv-on-canberra-land-rent-proposal/</link>
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