Ending the Fire Services Levy – almost excellent

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At the moment, Victoria’s Metropolitan Fire Brigade and Country Fire Authority are funded by the Fire Services Levy, a charge added to fire insurance. But the FSL gives a free ride to uninsured property owners – they don’t pay for the level of fire cover provided. Free riders increase the cost on other property owners.  […]

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Cut Concessions

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photo credit: Sushanta Meh Letter to the Editor – AFR 31/08/2010 Gavin R. Putland, Melbourne Instead of prosecuting small businesses for making mistakes with capital gains tax concessions (“Tax Office hits small business”, AFR, August 30), why not abolish the concessions and use the extra revenue to lighten the compliance burdens concerning personal income tax […]

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High Court Clears Henry Rent Tax

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photo credit: Catherinette Rings Steampunk Letter to the Editor – AFR 26/08/2010 Gavin R. Putland, Melbourne The High Court of Australia’s decision to strike down the Cadia copper royalties — on the ground that the NSW Government didn’t own the copper — is a vindication of Treasury secretary Ken Henry’s proposal for a federal resource […]

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Rents after the bubble burst

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photo credit: malweth We all need somewhere to live, a place of privacy and rest. For the last sixty years, it made economic sense to buy and own a home – generally, prices went only one way, UP! Australia now has a fully inflated housing bubble awaiting a pinprick. When it happens (soon, soon), the […]

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The Old, the New and the Ugly

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Causes Behind the Global Financial Crisis and 70’s Stagflation Presenter: Steven Spadijer (ANU) 119th Annual Henry George Commemorative Dinner Thursday Sept 2nd, 6pm onwards RSVP by Friday 27th August. Steven Spadijer is an honours student in Arts/Law at the Australian National University, where he is currently completing a series of papers on business cycles the […]

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Did you remember to sell the house today?

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Prof. Ross Garnaut gave the Hamer Oration at Melbourne University on Thursday. He pointed out that Australia has not experienced a recession for 17 years, a record for The Lucky Country. Such a period of unbroken growth is not just an Australian record, it is a world record. But one-way tickets have built-in risks for […]

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Making the Commonwealth a Bankers Bank

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photo credit: Powerhouse Museum Collection Hon. Clyde R. Cameron A.O. Australian Minister for Labour (1972 – 1975) H/T – Liberty Australia Keynote address by Clyde Cameron to the Victorian Country Conference of the recently amalgamated Association made up of the former Australian Telecom Employees’ Association and Australian Telephone & Phonogram Officers’ Association held at the […]

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https://prosper.org.au/2010/08/