Prosper Australia

photo credit: 10b travelling   Clear-eyed media commentary in the national interest is rare and sweet. Alan Mitchell’s analysis of the Henry Tax Review in the Australian Financial Review -  A tax on all your economic rents  – is such a creature. He opens with a broadside at entrenched interests pretending the changes will affect the economy: [...]

  photo credit: raminders We follow the glitter of celebrities and our football teams and let others do the dull work of government. Our dreams are about homes, cars and holidays. But sometimes an issue is so important it deserves our undivided attention, if only for a short while. The big issue is tax – [...]

photo credit: anarchosyn The Henry Tax Review’s highlighting of Land Tax as a policy direction is a welcome and encouraging development, says Prosper Australia. “This is THE tool to liberate the people of Australia from their current financial difficulties,” Prosper Australia’s Karl Fitzgerald said today.  “Consider the enormous economic benefits this reform offers. “Taxing land [...]

photo credit: UGArdener   This morning, Reserve Bank of Australia Governor Glen Stevens appeared on Seven Network’s Sunrise program to talk up interest rates and talk down the property market. Using tabloid television to broadcast RBA views is unprecedented. It prefers to communicate via densely written statements, opaque economic speak and background briefings to senior [...]

Gavin Putland The ACT’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’s what I wrote about it a week before it became law. I make the following assumptions (which do not seem to [...]

This article was presented at a late 1980′s meeting prior to ACT self government and published in the Canberra Times. Terry Dwyer ACT finances will come from three sources – taxes, grants and borrowings. I do not propose to say much about borrowings because borrowings are not a source of current revenue. Australian Governments are [...]

by Leo Foley The primary source for this paper is “Canberra in Crisis” by Frank Brennan, 1971 The Road to Leasehold – the origins of the Canberra leasehold system.. Canberra is the offspring of politics and a social ideal. The politics were those of Federation and nation making. The ideal was one of social and [...]