The Verve of Vested Interests

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The Property Council of Australia’s shameless threat to both sides of politics to look the other way on negative gearing reform is a slap in the face to the democratic process. Is this the stick accompanying the $2.4m in carrots donated to both sides of politics? For the PCA to issue this threat in the […]

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Rentiers and the Evolving Online Commons

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The Renegade Economists radio show airs 5.30pm Wednesdays on 3CR and is podcast so that you can listen at your convenience. Plug in your mp3 player and listen as you commute. For those that like an email reminder, sign up to the Mixcloud page to have the show emailed weekly. Recent shows include a Rentiers […]

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Tax Inquiries or Comedians?

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Subscribe to our fortnightly Evolving Economics Enews. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia January  2016 NSW Privatisation of Land & Property Information Concern is mounting over New South Wales Premier Mike Baird’s desire to privatise the New South Wales Land and Property Information services. He is […]

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Oz takes Gold! Go you Good Thing!

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Last week, Philip Soos announced Australia had achieved global leadership in an exciting new arena: “Australian households have more debt compared to the size of the country’s economy than any other in the world.” According to LF Economics, we seized this dubious crown from the Danes in the last quarter. Denmark has been grinding away, […]

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Environment minister Greg Hunt’s new ‘value capture’ language

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Environment minister Greg Hunt, on behalf of the Turnbull government, is offering new language about ‘value capture’ – a fresh way to fund infrastructure using the uplift in land values from civic investment. From a speech to be delivered to the Sydney Business Chamber today, The Age says: “Mr Hunt will warn that the public […]

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Rezoning in Queensland rife for further investigation

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If only 4 Corners was edgy enough to cover this important work, because as Fairfax’s Michael Pascoe said, this research should be triggering a royal commission. Cross-posted from Cameron Murray’s Fresh Economic Thinking blog How to get your land rezoned: A QLD story My previous research looked at favouritism in land rezoning via the Urban Land Development […]

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The road to neo-serfdom

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Late last year, the NSW Liberal/National government revealed plans to sell off the NSW Lands Office and retained JPMorgan to produce a scoping study. The Victorian Liberals tried this on before the last state election, and lost. Many will simply see this as part of the neo-conservative ‘sell everything that moves’ philosophy. Cynics will point […]

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Support a GST increase? Think about the children first

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By Michael Janda Online business reporter with the ABC. Reposted from The Drum Increasing the GST is widely presented as the logical, perhaps the only, solution to Australia’s revenue shortfall, but it is a deeply flawed tax and there are better alternatives, writes Michael Janda. It is presented as a fait accompli that a GST […]

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Friendly Jordies versus Property Speculators

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Referencing our eighth Speculative Vacancies Report, Friendly Jordies breaks it down for the everyday person. When are politicians going to get more proactive on the incredible advantages property speculators enjoy? Resources: Zine – Shareholders of Planet Earth Roots Revolution (1985) Watch one of the top 100 films to change the world, Real Estate 4 Ransom […]

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Humans vs Houses: Australia’s perverse tax system

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by Cameron Murray Reposted from macrobusiness I often joke that my investment property earns more than I do. Thinking more about this lead me to the realisation that my investment property has a privileged position in the tax system when compared to a measly old human being. Below I summarise some of the main tax […]

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