Baillieu’s new Building Tax and Land Subsidy

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“This reform means Victorians have a new building tax while the value of our fire service boosts the price of land.”

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A recipe for stability – introspective, moribund stability

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Dr Ellis is no help for the vast majority of Australians who simply want a home to call their own and not be some cats-paw in financier rent-seeking.

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What a load of garbage!

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Hobsons Bay Council is considering charging residents by the kilogram for garbage removal. While markets have their place, putting a price on rubbish will have many unintended consequences, few of them pleasant. The anti-social will cost-shift, stuffing their garbage into neighbors’ bins in the middle of the night. Locked bins? What about pedestrians who drop […]

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There are predators in our own backyard, but where are our financial watchdogs?

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A former mortgage broker – who is now facing fraud charges – has blown the whistle on predatory lending practices in Australia’s financial services industry.

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Making a Fortune Without Lifting a Finger

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Our colleagues in the UK are making good headway into the political process. Here in Australia, despite leading research on the topic, politicians shake in their boots when they consider the property lobby.

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121st Annual Henry George Commemorative Dinner

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Join us for a night celebrating the work of Henry George, one of the world’s truly visionary communicators. His timeless message: “The equal right of all men to the use of land is as clear as their equal right to breathe the air – it is a right proclaimed by the fact of their existence.” […]

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Big Holes or Money Pits?

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Major transport projects costing billions are being proposed for Sydney and Melbourne to shrink these sprawling cities. NSW Premier Barry O’Farrell’s plans to ‘fix’ Parramatta Road by ripping it up and installing the M3 in a cut-and-cover tunnel. The poor state of Parramatta Road has ruined the sleep of every NSW Premier since Charles Cowper […]

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House prices stagnate

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The ABS Eight Capital Cities House Price Indexes 6416.0 released today shows the property market is totally stagnant with prices unmoved, says Prosper Australia. “Property spruikers calling ‘Bottom!’ based on this data – and they will be – are misleading homebuyers. Sadly, they have come to believe their own one-sided narrative,” David Collyer Campaign Manager […]

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Don’t blame foreign investment for rising house prices

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Republished with thanks from The Conversation One question that arises on the topic of real estate is the scale of foreign investment and ownership in Australia. It is understandable that the public has concerns about such investment, especially as precious little information is available. An interesting case arose late last year as Chris Vedelago, The […]

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https://prosper.org.au/2012/08/