12km of cost-shifting – onto working stiffs like you

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The Property Council of Australia was out again yesterday, sternly defending the land from pesky taxes and ‘value capture’. Well, their land. The ACT branch said its members “applaud the ACT government’s vision” for the 12-kilometre tram linking the city and Gungahlin, according to the Canberra Times. They want the new tramline, which will shrink […]

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Take action against the GST increase – now!

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Having trouble reading this newsletter? View it online.   The enews of Prosper & Earthsharing Australia JULY 2015   Arthur John Picton   Change is Coming Are the winds of change finally blowing our way? Alan Kohler dropped by for a visit, we've had two more top level government meetings, tax reform is part of the nation's […]

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Free the people – use good taxes

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The Housing Industry Association’s Harley Dale and the Urban Development Institute’s Michael Corcoran have called for the repeal of Stamp Duty in favor of a broad-based land tax, News Corp reports today. Both lobby groups fear an extension of the GST to building products, which would be passed on in higher new house prices and […]

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The valuation conundrum – not.

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By Bryan Kavanagh and David Collyer   This week’s game-changer, the Property Taxes paper by Grattan Institute has a minor error on land valuation that needs correcting before it becomes a gift to the opponents of reform.   Grattan is acutely aware that on this topic they are treading ground with an illustrious history. They […]

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Grattan proposes land tax – oops, property levy.

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The Grattan Institute has just released a working paper Property Taxes to lift our thinking about which are the best taxes to reform onto. Grattan CEO John Daley and Senior Associate Brendan Coates say: “…states and territories have a looming funding gap, and have provided little insight into how they are going to fill it. […]

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A Real-Assets Model of Economic Crises

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Will China Crash in 2015? by Mason Gaffney As published in the American Journal for Economics and Sociology Abstract. Loosely derived from Henry Georgeís theory that land speculation creates boom-bust cycles, a real-assets model of economic crises is developed. In this model, land prices play a central role, and three hypothesized mechanisms are proposed by […]

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Find me a true prophet!

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The Barnett government in WA is advertising for someone to forecast what its tax and royalty revenues will be. Earlier official predictions, notably on iron ore royalty revenue, have proven wildly inaccurate. The advertisement specifically calls for macro-economic and econometric skills and the ability to, ahem, “develop the econometric skills within the division”. This appointment […]

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Economic rents are massive – but not for the people.

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By Phillip Anderson Cycles, Trends and Forecasts Wednesday, July 8, 2015 London, England Each year the accountancy firm Ernst & Young (E&Y) produces a report that warns of the ten most severe risks that face the mining and metals sector. Of late, resource nationalism has ranked right at the top of the list. In other […]

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Squaring the circle: The contradictory arguments against limiting negative gearing to new homes

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By Gavin Putland. Cross-posted from Land Value Research Group. Of all the proposed reforms to negative gearing, the one with the best chance of being supported by a major political party — hence the best chance of getting through Parliament — is to disallow or quarantine negative gearing on future purchases of established homes, while […]

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The Land Situation In Mexico

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This article was originally published in Progress Magazine in July 1977. By David Simmons, Director, Instituto de Estudios Ibero Americanos, Saltillo, Coahuila, Mexico. One of the reasons for the comparative stability of Mexico during the past 50 years has been the fact that almost all of the large estates and haciendas have been broken up and […]

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