Prosper Australia

10 November 2011 MELBOURNE:- The Growth Corridor Plan announced by the Baillieu Government presents Melbourne with big challenges. How to pay for the massive infrastructure needed is front and centre – and unmentioned in the Plan. “Demand for new and better transport links around developments and the extra traffic burden they bring onto the existing [...]

The currently deflating land bubble will erase wealth with dazzling speed. Sadly, striking falls in land values will have a greater impact on Australian wealth than any other advanced country.

photo credit: Steve – wants a job at Chester Zoo MELBOURNE and CANBERRA:- Australians had high hopes the Tax Forum would herald the end of taxes that distort and diminish economic activity as Ken Henry recommended. Sadly, these hopes have been dashed, says Prosper Australia. “Citizens are taxed too much – especially the income tax [...]

photo credit: Domiriel Influential SMH Journalist Jessica Irvine today writes about the urgent need for Land Tax to be prioritised in Land is the Best Hope for Fixing the Tax System. The endorsement is requires a complete transcription. Make sure you see the film Real Estate 4 Ransom to investigate these issues further. Land is [...]

photo credit: rubenerd 29 September 2011 MELBOURNE:- Vested interests are determined to stifle reform of the government revenue base at the Tax Forum next week, says Prosper Australia. “The government has lined up industry representatives and lobby peaks – all to plead the special needs of those who pay their salaries. This blatant pandering to [...]

photo credit: sky_mitch State Treasury’s brief to the incoming Baillieu Government, the Blue Book, urges tax reform to drive Victoria’s competitiveness. The Blue Book has apparently been leaked to The Age. It strongly recommends lowering the burden of state taxes, particularly business charges and Stamp Duty. “The Liberal-National Coalition should seize this opportunity for reform [...]

photo credit: dcmaster Barry O’Farrell was elected Premier of NSW in March this year. His first budget announced Tuesday raised a storm of protest – not over a realignment of government priorities to his conservative Coalition’s agenda, but on Stamp Duty. The previous Keneally ALP government had exempted first home buyers (on houses up to [...]

Our documentary was reviewed on Friday in Real Estate 4 Ransom by Age property journalist Chris Vedelago. It was the most read Domain article nationally over the weekend. We have received hundreds of emails from people eager to see the film. We are doing our best to get it out there. In a generally positive [...]

30 August 2011 MELBOURNE:- Massive hikes to the Fire Services Levy are a very poor way to fund bushfire preparations, says Prosper Australia. “While this move may appear sensible, if insurance premiums in fire-prone areas rise to the $1,000 mentioned in the Herald Sun, many homeowners will see it as too expensive and skip it,” [...]