Victorian First Home Grants ‘A Cruel Hoax’

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28 April 2013 MELBOURNE: – Victoria’s new Treasurer Michael O’Brien taunts first home buyers with a cruel hoax today, announcing grants for new build and targeted stamp duty concessions. He confirmed their role as a patsy for every property-based parasite in Australia. “First home buyers are being bribed with their own money,” David Collyer Campaign […]

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Bad taxes blight our land

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  Last week I offered a solution to the blight caused by vacant or disused sites in central Melbourne. Everyone is diminished by landowners leaving valuable land unused while they agitate for rezoning profits. The Age’s Bruce Guthrie hopped into the discussion for a hand-wringing but offered no solution.  The problem would be reduced by […]

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Political Economy Discounted by Constituent Interests

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As published in the Economic Society of Victoria’s Ceteris Paribus. “You have to ask, if those being duped are too naive to complain, and those profiteering are too valuable to upset, is housing affordability a problem for our politicians, or a gift?” asks Tohm Whitty (Fairfax). First home owners are currently expected to borrow $226,000 […]

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On Solid Ground

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On Solid Ground from Robert Schalkenbach Foundation on Vimeo. Our US colleagues at Work and Wealth boldly state: We propose to abolish all taxes save those on the value of land, irrespective of the value of the improvements, and the economic rent of other natural resources. What we propose is not a tax on real […]

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Doctoring the supply – the housing fix we are forced to ignore

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As published in Online Opinion 18/04/2013 Owning a home is a fantasy without $70,000 in savings. This is simply not possible on an average wage. The debate heated up with Tom Whitty’s statement ”You have to ask, if those being duped are too naive to complain, and those profiteering are too valuable to upset, is […]

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Should we charge Land for vagrancy?

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  The Melbourne City Council has been urged to apply differential rates “to sites defined as vacant or derelict” by its Future of Melbourne committee. They name to shame the Savoy Tavern on Spencer Street, the Argus building on Latrobe Street and bare land at 567 Collins Street as examples of developer-owned blight. Councillors loathe […]

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Prosper’s New Office

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We are proud to announce our new office is up and running. We have moved to 2/22 Punch Lane, Melbourne, located at the Spring St end of Little Bourke St. The Shark Fin Inn is on the corner of Punch Lane and Little Bourke St. Parliament Station is nearest for train. Our new phone number […]

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https://prosper.org.au/2013/04/