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	<title>Prosper Australia &#187; rates</title>
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	<link>http://www.prosper.org.au</link>
	<description>Access → Opportunity → Prosperity</description>
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		<title>Not So Fast!</title>
		<link>http://www.prosper.org.au/2012/01/25/no-so-fast/</link>
		<comments>http://www.prosper.org.au/2012/01/25/no-so-fast/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 03:37:59 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[David Collyer]]></category>
		<category><![CDATA[Home Buyer's Strike]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[rates]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=3954</guid>
		<description><![CDATA[ABS Inflation data out today shows a big fat zero: we have nil inflation, at least for this quarter. The consequences for interest rates are profound. Mortgage rates may seem reasonable at 6 to 7 per cent.  In practice they are agony. A real interest rate of 6 per cent is a significant transfer of [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Moonee Valley Council’s three strikes</title>
		<link>http://www.prosper.org.au/2011/12/01/moonee-valley-council%e2%80%99s-three-strikes/</link>
		<comments>http://www.prosper.org.au/2011/12/01/moonee-valley-council%e2%80%99s-three-strikes/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 01:37:07 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Letters to the Editor]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[site rental]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=3757</guid>
		<description><![CDATA[21 Nov 2011 Moonee Valley Leader Council’s three strikes HINDSIGHT (‘‘Cinema plan stalled’’, Leader, November 14) has confirmed what we suspected at the time: the first mistake by the former Moonee Valley Council commissioners was to close the Moonee Ponds Market. We lost fresh food retail variety. Their second mistake was to sell the market [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Eurozone: ignore land prices at your own peril!</title>
		<link>http://www.prosper.org.au/2010/12/20/eurozone-ignore-land-prices-at-your-own-peril/</link>
		<comments>http://www.prosper.org.au/2010/12/20/eurozone-ignore-land-prices-at-your-own-peril/#comments</comments>
		<pubDate>Mon, 20 Dec 2010 00:33:12 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[Speculative vacancies]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=2630</guid>
		<description><![CDATA[With the sounds of despair rioting through the streets of Greece, Spain, Ireland and others who no longer have the ability to fund themselves, it is a sign of the times that even the IMF is pushing for improved tax systems relating to land values. The IMF&#8217;s &#8220;What Drives House Prices in Australia?&#8221; states: As [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/12/20/eurozone-ignore-land-prices-at-your-own-peril/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
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		<title>Dr Henry wants you to read his Tax Review. Really, Really.</title>
		<link>http://www.prosper.org.au/2010/05/04/dr-henry-wants-you-to-read-his-tax-review-really-really/</link>
		<comments>http://www.prosper.org.au/2010/05/04/dr-henry-wants-you-to-read-his-tax-review-really-really/#comments</comments>
		<pubDate>Tue, 04 May 2010 05:22:39 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[canberra]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[history]]></category>
		<category><![CDATA[land supply]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=2097</guid>
		<description><![CDATA[  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 – [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Henry Review puts Land Tax on the Agenda</title>
		<link>http://www.prosper.org.au/2010/05/02/henry-review-puts-land-tax-on-the-agenda/</link>
		<comments>http://www.prosper.org.au/2010/05/02/henry-review-puts-land-tax-on-the-agenda/#comments</comments>
		<pubDate>Sun, 02 May 2010 06:14:21 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[canberra]]></category>
		<category><![CDATA[Henry review]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[Karl Fitzgerald]]></category>
		<category><![CDATA[land rent]]></category>
		<category><![CDATA[land supply]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=2074</guid>
		<description><![CDATA[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 [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Dear Australia, the world is watching, waiting for our bubble to burst</title>
		<link>http://www.prosper.org.au/2010/04/29/dear-australia-the-world-is-watching-waiting-for-our-bubble-to-burst/</link>
		<comments>http://www.prosper.org.au/2010/04/29/dear-australia-the-world-is-watching-waiting-for-our-bubble-to-burst/#comments</comments>
		<pubDate>Thu, 29 Apr 2010 05:00:35 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[automatic stabilizer]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[behavior distorting taxes]]></category>
		<category><![CDATA[boom-bust]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[greater fool]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[tax reform]]></category>
		<category><![CDATA[wealth gap]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=2067</guid>
		<description><![CDATA[  photo credit: robertivanc The great property speculation game is over in America and Europe.  The music has stopped. Forty years of steadily increasing pressure has been released.  Houses are worth a fraction of what people paid in better times, while the giant mortgages they took on remain. Meanwhile, Australia parties on.  We play the [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The Tide Turns. The Media Awakes.</title>
		<link>http://www.prosper.org.au/2010/04/22/the-tide-turns-the-media-awakes/</link>
		<comments>http://www.prosper.org.au/2010/04/22/the-tide-turns-the-media-awakes/#comments</comments>
		<pubDate>Thu, 22 Apr 2010 05:11:59 +0000</pubDate>
		<dc:creator>David Collyer</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[boom-bust]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[housing affordability]]></category>
		<category><![CDATA[land tax]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[tax reform]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=2040</guid>
		<description><![CDATA[photo credit: midlander1231   For too long, the media eagerly reported the property spruikers’ claim ‘prices only go higher’. This ‘truth’ turned homeowners into speculators and led a whole generation of first home buyers to commit to enormous mortgages they will only pay off after thirty years of unrelenting sacrifice. This week the public story [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2010/04/22/the-tide-turns-the-media-awakes/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Rising Interest Rates in Whose Interest?</title>
		<link>http://www.prosper.org.au/2009/11/05/rising-interest-rates-in-whose-interest/</link>
		<comments>http://www.prosper.org.au/2009/11/05/rising-interest-rates-in-whose-interest/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 19:44:53 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[Michael Hudson]]></category>
		<category><![CDATA[rates]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1568</guid>
		<description><![CDATA[photo credit: the&#124;G&#124;™ Written Oct 16th Raising interest rates will do little to address underlying economic issues, says visiting US economist Professor Michael Hudson. &#8220;The market factoring in 7 interest rates rises spells danger for the Australian economic miracle&#8221; warns Professor Hudson. &#8220;Governments must use tax policy rather than monetary policy to address asset bubbles. [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2009/11/05/rising-interest-rates-in-whose-interest/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Land Tax to Affordability</title>
		<link>http://www.prosper.org.au/2009/05/27/land-tax-to-affordability/</link>
		<comments>http://www.prosper.org.au/2009/05/27/land-tax-to-affordability/#comments</comments>
		<pubDate>Wed, 27 May 2009 00:28:53 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[affordability]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[rates]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=1160</guid>
		<description><![CDATA[photo credit: kodama (home) Suburbs hit with land tax increase TAXPAYERS owed more than $227 million in land tax by the end of February &#8211; a 20 per cent increase since last year, Office of State Revenue figures reveal &#8211; with a Herald investigation finding that much of the pain is being felt in the [...]]]></description>
		<wfw:commentRss>http://www.prosper.org.au/2009/05/27/land-tax-to-affordability/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ineffective Demand</title>
		<link>http://www.prosper.org.au/2009/01/28/ineffective-demand/</link>
		<comments>http://www.prosper.org.au/2009/01/28/ineffective-demand/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 23:38:56 +0000</pubDate>
		<dc:creator>Karl Fitzgerald</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[a running list of warnings]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[taxation]]></category>

		<guid isPermaLink="false">http://www.prosper.org.au/?p=702</guid>
		<description><![CDATA[# 2 12 December 2008 Ineffective demand: a picture of a tax-induced economic depression In the 2nd of this most important series of commentaries warning of the looming depression, Bryan Kavanagh interprets one of his most important graphs. Mr Kavanagh lists the reasons why the GFC has occurred via an overview of recent tax trends. Essential [...]]]></description>
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		<slash:comments>2</slash:comments>
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