Henry Review Exclusions

by | Jun 17, 2009 | Commentary

The Business Council of Australia wants to raise GST in return for a halving of corporate tax rates in its latest Henry Review submission. This will increase the regressive rate of taxation upon the less privileged. With effective corporate tax rates at barely 5% due...

The Forgotten Factor: Land Prices

by | Jun 11, 2009 | Articles

photo credit: //endless∞ John Young In all the discussion about the economic crisis and its causes, the part played by land prices is nearly always underrated. The unique character of these prices is usually not even recognised. I am not speaking of the price of the...

Brown’s IMF Play Expose

by | Jun 10, 2009 | Articles

photo credit: id-iom Dr Michael Hudson Breaking News: Dr Hudson will tour Australia in October 09 Last month the G-20 authorized the International Monetary Fund to increase its loan resources to $1 trillion. It’s not hard to see why. Weakening currencies in the...

Mr Shiller: Land Price v Value

by | Jun 9, 2009 | Commentary

photo credit: SnaPsi xyzzy The highly regarded Robert Shiller writes: HOUSE prices in the US have been falling for nearly three years, and the decline could continue for some time. Even the US Government has projected price decreases next year. As a baseline, the...