Undertows drown strong swimmers metres from the beach

on

The ANZ property economics team is out in the AFR today with a bold prediction of a rise in house prices. ANZ’s David Cannington is one of the most clear-eyed economists in Australian property and this forecast must be taken seriously. As usual, the devil is in the detail. He sees no pick up in […]

Read more

The Age of Vacant Homes

on

Jason Dowling, City Editor at The Age wrote up our report in Southbank properties left high and dry, to be launched tonight: The Speculative Vacancies in Melbourne report, now in its sixth year, looked at water use data from Melbourne’s big water retailers. It found “64,465 properties were potentially unused over the study period, having […]

Read more

Melbourne is planning to fail

on

The Victorian government today released its metropolitan planning strategy Plan Melbourne at an industry seminar in the Melbourne convention centre. It puts in place the preconditions for a city that is: • Economically divided • Highly livable for those with the price of entry to quality suburbs • Home for the rest in apartments or […]

Read more

Property industry supports land tax

on

22 October 2013 MELBOURNE:- Overnight, Australia’s property industry has endorsed removing Stamp Duty on property transactions, the AFR reports – a major tax policy shift welcomed by Prosper Australia. “Scrap Stamp Duty and fund this by also removing the principal place of residence exemption from State Land Tax,” Prosper Australia Policy Director David Collyer said […]

Read more

Speculative Vacancies report – Empty Homes Help Whom?

on

Thurs Oct 31st, 6.30pm Presenter: Philip Soos 2/22 Punch Lane, CBD RSVP What could thousands of empty homes do for affordable housing? Philip Soos is set to release our most comprehensive report, with over 94% of Melbourne’s residential property surveyed for a full 12 months. The findings are of immense interest to anyone concerned about […]

Read more

‘Infrastructure Government’ needs new funding model

on

The new Liberal Federal government has boldly declared themselves the ‘infrastructure government’. This infers they have a method to finance the backlog of infrastructure demanded. Tapping superannuation as the source of cheap finance has been the proposed path forward. We doubt superannuation managers be willing to take over from the badly burnt investors in unsuccessful […]

Read more

https://prosper.org.au/2013/10/