Karl Fitzgerald

Funding Melbourne’s new underground rail link

by on December 10, 2014

Media Release “The Andrews government has lost no time putting its stamp on the future shape of Melbourne, funding the planning stage of the Melbourne Metro Rail tunnel – while fretting about the $9 billion cost. “Victoria can fund this vital connection, lifting train speeds and frequency throughout the network,” Karl Fitzgerald Project Director, Prosper […]

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Senator Day calls out land bankers

by on August 1, 2014

Finally a Senator has said it, on the front page of the Australian Financial Review: Senator Day described sections of the property industry as “carpet-bagging, rent-seeking bootleggers” who used political donations to wield ­influence to restrict land supply and drive up prices of high- and medium-density apartments. He likened the relationship between the property industry […]

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ABC Radio, Apartment Gluts and Competitive Forces

by on February 25, 2014

This morning I was interviewed by ABC (radio) news regarding Planning Minister Matthew Guy’s ‘Super Tuesday’. The questions focused on “the largest number of private residential permits made on one day by the state government”. Will they make a difference? I pointed to the mass of apartments built in Melbourne over the last five years. […]

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Property Drip Feeding Slips Under the ACCC’s Radar

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“We support ACCC’s drive to contest price gouging but express concern the ACCC focus on online sales is a mere detail compared to what is happening under our feet in the land game.” Prosper Australia Project Director Karl Fitzgerald said today “The global property bubble is accelerating in dozens of countries. The few agencies monitoring […]

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Perma-Nomics @ the SLF

by on February 5, 2014

As we build up for another year of inspiring conversation at the Earthsharing stall at the Sustainable Living Festival (Feb 14 – 16), put this presentation in your calender: PERMA-NOMICS CAN THE 12 PRINCIPLES OF PERMACULTURE BE PARAPHRASED INTO A NEW ECONOMICS? Friday Feb 14th, 5 – 6pm Birrung Mar Event map Today’s ‘divide and […]

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20 Investor Advantages

by on August 27, 2013

Investors now constitute 36+% of all housing loans, up from 12% in the 80’s, 19% in 1993. Some now say this investment is now at 50% of all loans. This reflects the crowding out of First Home Owners. With investors feeding on each other, it pushes prices higher, faster, delivering more profits. First Home owners […]

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Steer Around the GFC

by on November 15, 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, […]

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Don’t Buy Now! Public Forum

by on June 13, 2012

HOW THE GREAT AUSTRALIAN DREAM BECAME A NIGHTMARE Thursday July 19th, 7pm Northcote Town Hall Presenters: David Collyer, Karl Fitzgerald 189 High Street Northcote Young adults have ugly housing choices: pay rent to a tinpot landlord or spend their working life repaying debt on a house not worth having. We suffered alone, convinced we are […]

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Alternative Outlook on Austerity, Sales Tax

by on June 8, 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, […]

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Why Does Land Cost the Earth?

by on March 15, 2012

Our film Real Estate 4 Ransom is now available online Real Estate 4 Ransom from Real Estate 4 Ransom on Vimeo. More details.

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