More property lobby propaganda – Take Action!

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ACIL Allen Consulting released a misleading report commissioned by the Property Council of Australia and the Real Estate Institute of Australia about negative gearing. Among its claims are that middle income earners are the primary beneficiaries of negative gearing (debunked here) and capitals gains tax (CGT) concessions, that removing negative gearing would reduce the supply […]

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Kohler: Tax Our Bubble Trouble

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Australia’s most high profile business reporter, Alan Kohler, turned up unannounced this week to find out about the group behind the rising interest in Henry George and Land Value Tax. Cross-posted from Business Spectator ($):   Almost 120 years after his death, Henry George may finally be coming into his own. In the 19th century he was […]

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Land rezoning open to routine corruption

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As published in The Age and online, highlighting today’s seminar.  by Clay Lucas The rezoning of land by state governments across Australia is so open to routine corruption and manipulation by a “mates network” among both major political parties that a cooling off period is needed before former MPs or their bureaucrats work in the property […]

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The freeway to full employment

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LC_24 via Compfight Letter to the Editor Australian Financial Review June 18, 2015 ACCESS TO LAND FOR EVERYONE The member for Eden-Monaro, Dr Hendy, suggests it is “crazy” to change negative gearing or capital gains tax arrangements and  instead we should accept as a “fact of life” that more Australians will become renters, not homeowners (“Renting will […]

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The housing crash we had to have: A Gen Y perspective on the bubble

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by Matt Ellis So bubble mania has finally hit the mainstream. The housing bubble question has landed squarely at the feet of the Prime Minister and his treasurer, and only 10 to 15 years late… What a relief it is then to hear our fearless leaders assure us that there is no bubble, endless house […]

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Hudson: Geopolitical-Financialisation in 2015

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Cross-posted from The Saker The Saker: We hear that the Ukraine will have to declare a default, but that it will probably be a “technical” default as opposed to an official one. Some say that the decision of the Rada to allow Iatseniuk to chose whom to pay is already such a “technical default”. Is […]

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ACT tax reforms sound, but feds can help

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Prosper member Ron Johnson featured in today’s Australian Financial Review: Phillip Coorey (“ACT land tax may please wonks but that’s about all“, AFR, June 6-7) claims that the ACT government commenced its tax reforms with “no mandate, no public discussion, just an impost”. Yet for two years prior to the 2012 ACT election, the government […]

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Speculative Demand from Real Estate family

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The Treasurer who told us to simply change jobs to afford skyrocketing Sydney has revealed his real motivations for ignoring the land bubble. He dropped the bombshell on 3AW with Neil Mitchell: “Yeah, well I come from a family of real estate agents…”  The locked out generations can now understand why Hockey has fallen so easily into line […]

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Clean Money in a Dirty System

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Clean Money in A Dirty System – a seminar with Cameron Murray Wednesday, 24 June, 12.30 – 1.30pm RMIT City Campus, Swanston Street Building 80, Level 05, Room 012 Presenter: Cameron Murray RSVP (attendance is free) Prosper has teamed up with RMIT University’s Centre for Urban Research to present a not to be missed seminar with Cameron Murray […]

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Re-zoning insider windfalls

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Read about this landmark methodology by Cameron Murray and Paul Fritjers, modelling game theory from thousands of cosy relationships to determine the likelihood of beneficial re-zoning outcomes. Cameron was interviewed on the Renegade Economists last week. Stay tuned for more on this report soon.  Cross-posted from The Conversation. Four ways we can clean up corruption […]

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