Posts Tagged ‘economic rent’
Thursday, January 24th, 2013
Linc Energy today announced a major shale oil and gas discovery around Coober Pedy in South Australia. Unrisked prospective reserves have been separately estimated by two independent consultancies at 103 and 233 billion barrels of oil equivalent. That is an extraordinary find. The low estimate is equivalent to Kuwait’s proven reserves and the high [...]
Tags: David Collyer, economic rent, resource rentals, tax reform
Posted in Articles | No Comments »
Tuesday, January 15th, 2013
15 January 2013 MELBOURNE – The REIV yesterday forecast stable or declining nominal rents if current trends continue. This means rents are falling in real (after inflation) terms. “Shrinking residential rents are a profound set-back for negatively geared property investors,” Prosper Australia Campaign Manager David Collyer said today. “Their strategy is to sacrifice current income [...]
Tags: boom-bust, David Collyer, economic rent, housing affordability, tax reform
Posted in Commentary, Press Releases | 2 Comments »
Tuesday, December 11th, 2012
11 December 2012 Charging Victorian taxi license holders a stiff annual fee as Prof Allan Fels proposes should be welcomed by every citizen and immediately enacted by government, says Prosper Australia. “TaxiLink director Harry Katsianabis manages 160 taxi licenses worth around $80 million. He could spend $79,999,999 on lobbyists and public relations defending his businesses’ [...]
Tags: David Collyer, economic rent, tax reform
Posted in Commentary, Press Releases | 14 Comments »
Thursday, November 15th, 2012
15 November 2012 The mining investment boom that carried Australia though the Global Financial Crisis is declining rapidly and new engines of growth are urgently needed to steer around the ‘Controlled Depression’ that is driving the world into a spiral of misery – country by country. “Tax reform is something we can do by ourselves, [...]
Tags: canberra, David Collyer, economic rent, Henry review, Karl Fitzgerald, land tax, tax reform
Posted in Commentary, Press Releases | 1 Comment »
Wednesday, October 17th, 2012
17 October 2012 The survey of Victorian local government candidates conducted by Prosper Australia ahead of the 26 October election reveals few candidates understand where and how councils are funded. “We learned only a handful appreciate Site Value Rating is a superior rate base to Capital Improved Value,” Prosper Australia Campaign Manager David Collyer said [...]
Tags: David Collyer, economic rent, housing affordability, rates, site rental, speculation, tax reform
Posted in Press Releases | 1 Comment »
Monday, September 17th, 2012
by Dirk Bezemer and Michael Hudson As published in the World Economic Association’s World Economic Review Vol #1. Borrowed from Michael Hudson’s website, where you can find details of his new book The Bubble and Beyond. ABSTRACT Current macroeconomics ignores the roles that rent, debt and the financial sector play in shaping our economy. We [...]
Tags: economic rent, housing affordability, Michael Hudson, rentier
Posted in Articles | No Comments »
Friday, September 7th, 2012
Reprinted from On Line Opinion 6 Sept 2012 The apathy of economists about the costs and burdens imposed upon modest citizens is staggering, as though this is their natural lot and there is nothing to be done. Housing is a perfect example. We see young adults rejecting home-ownership because without future price appreciation, taking on [...]
Tags: a running list of warnings, boom-bust, David Collyer, economic rent, housing, tax reform
Posted in Articles | 1 Comment »
Tuesday, August 21st, 2012
Hobsons Bay Council is considering charging residents by the kilogram for garbage removal. While markets have their place, putting a price on rubbish will have many unintended consequences, few of them pleasant. The anti-social will cost-shift, stuffing their garbage into neighbors’ bins in the middle of the night. Locked bins? What about pedestrians who drop [...]
Tags: affordability, David Collyer, economic rent, infrastructure, rates, tax reform
Posted in Articles | 2 Comments »
Friday, July 13th, 2012
by Michael Hudson Europe’s three needs: a debt write-down, a real central bank, and a more efficient tax system Brussels Talk, Madariaga College, Governing Globalisation in a World Economy in Transition, June 27, 2012 Courtesy of michael-hudson.com What can Europe learn from the United States? First, the United States – like Canada, England and China [...]
Tags: economic rent, Michael Hudson, speculation, US
Posted in Articles | No Comments »
Friday, June 8th, 2012
This post was adapted from our e-news service. Sign up on the right hand side of the home page for a bi-monthly email. These certainly are exciting times to be advocating an alternative economic framework. We see thoughout the EU failing economies where tax systems allow the wealthy to siphon money out of the economy, [...]
Tags: economic rent, GST, housing affordability, Karl Fitzgerald
Posted in Articles, Commentary | No Comments »