Tuesday, May 27, 6.30 – 8pm – new members and those interested in new economics night – an informal gathering at our Punch Lane offices to discuss any economic issues, concepts or politics of the day.
David Collyer will host the evening for a roundtable discussion. Perhaps you require further detail on economic rent – why is it so important? Or what can we do about the influence of donations on the political process? Come and relax amongst like minded people trying to make sense of this world.
RSVP to assist our planning.
Tues June 24, 6.30 – 8pm – Bob Keall from Resource Rentals Association of New Zealand will be in town presenting his latest on global economic trends in The Way Forward Under Rentier Rule. As a genuine storyteller, Bob will be an absolute pleasure to see in action. Lock in that date, more details soon.
RSVP – donation to cover refreshments.
As we engage in the state and federal budget media cycle, we’re concerned at the brazen rent seeking agenda.
The Commission of Audits was purely a positioning paper for further privatisations – handouts to the privileged as outlined in Commission of Auditing Rent Seekers.
If the Abbott government was serious about budget deficits, they would address tax expenditures. The IMF placed Australia as the worst in the OECD. The income washing by those in their pension phase (over 55) through their super account one day and out the next to achieve a 30% income tax discount is a rort that must end. There’s $30bn alone there. Trust funds are another untouchable by our Treasurer, Mr Entitlements, Joe Hockey.
The Victorian State Government must reform housing related policy urgently. The state budget announcement saw an $11million infrastructure spend reliant on further privatisations in Rural Finance and the Port of Melbourne. We need to change the narrative so that privatisation is understood as ‘code for failed public revenue raising, requiring short term electioneering slush fund’. The $27bn building blitz could barely make it any more obvious its an election year. And to see the Melbourne Rail tunnel will swing by Fishermen’s Bend, where a number of major Liberal Party donor developers are rumoured to own large land holdings, makes ones head spin.
Infrastructure spending seems to be a common theme but without an effective financing mechanism, this just locks us into more expensive financing for increasingly irrelevant public interest projects.
Senate Housing Affordability Inquiry
Since we last communicated, the Senate Affordable Housing Inquiry has published all submissions.
The website reveals at least seven submissions from Prosper members and related supporters. Download the various policy reform approaches:
Prof Frank Stillwell – (PDF 162 KB)
Ashley Holmes – (PDF 192 KB)
Phillip Soos, Paul Egan for Prosper (PDF 578 KB)
Saul Eslake (largely based on his Henry George dinner presentation – (PDF 227 KB)
Catherine Cashmore – (PDF 137 KB)
Cameron Murray – (PDF 925 KB)
Karl Fitzgerald for Eartsharing (PDF 210 KB)
A random selection of the 211 submissions sees a number with similar reform agendas. Michael Basso, who we have no connection with, delivered this excellent submission.