Canberra’s Centenary and the Perennial Land Question

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2013 Clyde Cameron Memorial Lecture Saturday 14th December 2pm-5pm Keynote Speaker: Mr. Jack Waterford A.M. University House Hall, 1 Balmain Crescent, ANU J.E. (Jack) Waterford is an Australian journalist and commentator who is now Editor-at-Large of The Canberra Times. Jack Waterford graduated in law from the Australian National University. He began his journalism career as […]

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Listed Developer Englobo Holdings

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Sharemarket-listed property developers hold 264,000 residential lots in their development pipeline – 19.3 years supply with a disclosed end value of $80 billion – in a year when they sold only 13,000 lots, according to analysis by Prosper Australia. The largest holder is Stockland, followed by Lend Lease, with a giant 28.2 years supply of […]

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Australia’s FIRE Sector Propaganda Matrix

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by Paul Egan In the cult science fiction Matrix movies, people live within a simulated reality created by artificially intelligent machines who feed from their life energy; a dream world that has enslaved humanity due to a blissful lack of awareness of the invisible controls. The story is an apt metaphor for the FIRE (Finance, […]

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Land tax must kill negative gearing, Stamp Duty

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There’s been a lot of debate around property taxation in Australia – significantly negative gearing, which allows an investor to use the short fall between interest repayments and other relevant expenditure, to lower their income tax.

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LVT must replace NG, Stamp Duty

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By Catherine Cashmore Follow Catherine on Twitter Cross-posted from Macrobusiness There’s been a lot of debate around property taxation in Australia; significantly negative gearing, which allows an investor to use the short fall between interest repayments and other relevant expenditure, to lower their income tax. The policy promotes speculative gain meaning the strategy is only […]

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The Housing Bubble and Lazy Land Use

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As published in today’s Online Opinion The beauty of the disinformation is staggering. As house prices accelerate 7.6% nationally, poor housing supply continues to be blamed for the housing crisis. Meanwhile, the sixth Speculative Vacancies report found over 64,000 empty homes in Melbourne. Consider for a second the national headlines if we had an 8% […]

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On the edge of realty (sic)

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AHURI published Friday an important new research paper ‘The edges of home ownership’ about churn in the property market that deserves our close scrutiny and debate. Wood, Ong et al compare the UK and Australian experience of those leaving and reentering home ownership using HILDA and two consecutive UK longitudinal studies. “…across the first decade […]

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Global devaluation really protectionism for property speculators

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Renegade Economists podcast 314 Recorded at 3CR November 13th, 2013 Subscribe to the podcast on itunes. Listen to this show David Collyer joins host Karl Fitzgerald to discuss the state of Australian housing market. In the process we consider global policy settings re the attempted protectionism inherent in devaluing national currencies ‘to create jobs’. Pushing […]

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Time for Change

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The Letters Editor Progress Leader (Boroondara) 5 November 2013 Time for Change Your feature on property (29/10) brings out the contrast between overseas investments in Balwyn and how increasing “house prices” are deterring first home buyers. One real estate spokesperson you quote mentions “the elephant in the room”, i.e. high land prices. Land values are […]

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ABC on Speculative Vacancies

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Journalist Michael Janda conducted this interview with Philip Soos yesterday. The audio can be heard here. ELEANOR HALL: A report by property think tank Prosper Australia has found that tens of thousands of homes in Melbourne appear to be unoccupied. The group says its findings challenge the common belief that a shortage of homes is […]

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https://prosper.org.au/2013/11/