Whether limiting negative gearing to new homes would raise rents

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by Dr Gavin Putland Land Values Research Group For the first time that this writer can remember, a major political party is going into a federal election with a policy which, on its face, is designed to reduce the rate of increase of residential rents, allowing tenants’ incomes to catch up with rents. The Australian […]

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Foreign investor tax slug spreads

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Catherine Cashmore appeared on Channel 9 news last night to discuss the fact we are building the wrong type of stock to meet our growing community. The report compared the 80,000 apartments due to come onto the market over the next few years with the 80,000 vacant properties we identified in the Speculative Vacancies report. […]

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Perth rents free-fall liberates the tenantry

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Perth house rents have fallen 8.4 per cent in the last year and units by 9.3 per cent, according to SQM Research. High pay in the mining investment boom drew many skilled engineering professionals and trades to Perth. They are now going home, seen in the steep decrease in the rate of increase of population. […]

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Property Lobby’s million dollar no-show

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On Friday May the 13th the entire real estate industry launched into full attack-mode against those willing to reform negative gearing and the capital gains tax discount. The ALP and the Greens have both announced reforms targeting the subsidy to landed interests. That night Channel 10’s The Project sought to find a representative to discuss […]

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“Land is the key to ending bad taxes” with Dr. Terry Dwyer

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When: Thursday 26 May at 6:30pm Where: Level 1, 64 Harcourt St North Melbourne Presenter: Dr. Terry Dwyer Tax reform is hard yet the benefits are great. Australia can no longer afford to delay structural reforms. The Panama papers controversy highlights the need for an immobile tax base and one that does not rely upon […]

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Bad taxes are destroying our jobs and enterprises – here’s proof

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World-class fertiliser producer Incitec Pivot Ltd has painfully written $105m off its Gibson Island plant in Brisbane – squeezed by high gas costs, low Urea prices and bad taxes – just as it enters a major ‘shut’ to refurbish this key national industrial asset. Turning gas into nitrogen fertiliser is genuine value-adding, unlike the three […]

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The Easy Economics of High Speed Rail

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Last week I was invited to give a presentation at Melbourne University to the Beyond Zero Emissions discussion group on the ability of Land Value Capture to finance infrastructure. They also asked for an Econ 101 type introduction. In 2014, BZE released a report Zero Carbon Australia High Speed Rail. It is within this context […]

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4 Corners hard-boils ‘Home Truths’ from our land bubble

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Australia’s premier TV current affairs program 4 Corners has a reputation for game-changing. Thoughtful analysis and a giant audience will do that. When it thunders, the time has arrived for a full reset. Last night’s episode ‘Home Truths’ lanced The Great Australian Land Bubble, assisted by some of our favorite people. Prof Steve Keen, from […]

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4 Corners: Home Truths

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President Catherine Cashmore has been busy with the 4 Corners team filming a number of scenes around Melbourne. Tonight we find out which scenes make national TV in a much overdue investigation into the pressure housing affordability places on society. Thanks to all those supporters who have written into the show over the years requesting […]

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Who Owns the Earth?

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As published on Aeon, this gives a solid grounding in the overall philosophy of our equal right to the value of the earth. The best article I have read this year. by Antonia Malchik My mother likes to say she was born out of the back of a ’39 Ford. She wasn’t, actually. She was […]

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