The Boom Bust in Land Cycles

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Boom Bust on Prezi Jacob Shwartz-Lucas from Work and Wealth, Chicago, designed this.

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Melbourne needs Choo Choos!

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The Victorian Government wants to, needs to, spend billions on Melbourne transport to catch up with the city’s explosive growth. As John Legge kindly points out in a must-read at The Age: “The affluent have crossed the Yarra and now colonise almost all of the zone-one public transport area, delighting in the benefits of the […]

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Higher GST a low wattage idea

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Independent MP Rob Oakshott stepped into the media spotlight yesterday saying both the Coalition and Labor want to raise the GST rate – after the election. Sadly, he is correct. ”It shouldn’t just be about the GST. This is about why on earth in Australia we have insurance taxes at all. Why do we still […]

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Steer Around the GFC

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15 November 2012 The mining investment boom that carried Australia though the Global Financial Crisis is declining rapidly and new engines of growth are urgently needed to steer around the ‘Controlled Depression’ that is driving the world into a spiral of misery – country by country. “Tax reform is something we can do by ourselves, […]

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Total Resource Rents of Australia

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Report Release Tuesday November 20th, 6:30pm Presenter: Karl Fitzgerald Venue: 1/27 Hardware Lane, Melbourne This report will demonstrate the economic power of monopoly is capable of financing all tiers of government. Economics once recognised that those who owned natural resources (or licensed monopolies) have a natural advantage over those running a business or earning a […]

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No, House Prices are not ‘Recovering’

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A storm of triumphant prose rolled out to greet yesterday’s release of the authoritative ABS Eight Capital Cities House Price Indexes. Normally-sober Bloomberg told its global audience: “Prices climbed 0.3 per cent in the September quarter from a year ago.” They did – in nominal terms. Sadly this was a fraction of Australia’s inflation experience […]

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Using Georgist Insights to Make Sense of the World

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During a recent e-news I pointed out how Georgist understandings help make sense of the world. I asked e-news readers (sign up in the right hand navigation bar, home page) to describe how they use knowledge of economic rents to decipher their world. The winner received a book – The Stewardship Economy. Paul Meleng was […]

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Institutionalised exploitation – class warfare – infuriates me

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‘We help property sellers sell’ is realestate.com.au’s proud claim. It is shocking to discover how far this News Corporation subsidiary is prepared to go to fullfil this promise. An un-named writer penned a delightful upbeat article on their website based on research called the Housing Affordability Sentiment Index that realestate.com.au commissioned from mccrindle research. QUOTE […]

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Goodbye to high land prices

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  Next week, a disappointed man and his family are flying out to a new life in Seattle, Washington. They came to Australia seeking new opportunities in a high growth economy. They love Australia, love Melbourne, but have been driven away by land prices that would consume their lifetime earnings. This couple are rational adults. […]

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https://prosper.org.au/2012/11/