How land-value windfalls could pay for the Doncaster railway

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The Herald Sun reports research by PRD Nationwide showing that on average, across all Melbourne suburbs, the presence of a railway station in a suburb adds about $48,000 to the value of the median “house” in the suburb. This average rises to $59,500 for the northern suburbs or $105,000 for the eastern suburbs. Of course the […]

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H’infrastructure

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The call for infrastructure spending to lift Australia’s productivity and efficiency widens and deepens every day. Around us, economic activity continues to weaken, particularly in construction. The call to spend big will soon be irresistible. The needs list is very long. Better transport links to shrink distance – anywhere and everywhere. Schools to serve eager […]

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A sore lesson from housing history

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It is often said those who fail to understand the mistakes of the past are bound to repeat it. In one area, this holds spectacularly true: the residential real estate market. History has shown time and again the fortunes of Australians are closely linked to the housing sector, with bricks and mortar generating a great […]

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Incoming! Everyone Duck! Incoming!

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Everybody duck! A property spruiker has taken exception to Philip Soos’ panoramic chart pack of Australian property values. Cripes! Pete Wargent is an investment advisor and auto-publicist who operates toward the breathless end of the investment spectrum. His new book Get a Financial Grip – a simple plan for financial freedom is just out. I […]

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PCA wants to cost shift – onto you

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Glen Byrnes, NSW Executive Director of the Property Council of Australia has a Fairfax op-ed out on the Fire Services Levy that has me seething. You will be too when you understand the filthy game he is playing. Victoria’s Fire Services Levy was a charge added to fire insurance, which meant uninsured property owners got […]

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Privatisation = Disguised Corporate Taxation

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Renegade Economists podcast 292 As broadcast on 3CR, Wed June 5th, 2013 Listen to the show Subscribe to the weekly podcast Dr Terry Dwyer (former Treasury economist) continues the investigation into monopoly theory, discussing wasteful competition in what were once natural monopolies. Dwyer hammers home the need for economics to be remembered not as a […]

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Hello & Welcome Speech: Punch Lane Launch

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Andy Moore, President of Prosper Australia. May 31st, 2013 We are here tonight for the launch of a new look and invigorated think tank – Prosper Australia’s new Punch Lane address – as we migrate closer to the corridors of power at the state legislature. Tonight we unveil a new logo – a new website […]

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https://prosper.org.au/2013/06/