This speech is taken from Progress Magazine Issue No. 936, February 1988. It’s by Morris Williams, member for Doncaster and a past president of Prosper Australia (then known as Tax Reform Australia). SPEECH FOR LAND TAX IN THE VICTORIAN PARLIAMENT Mr. WILLIAMS (Doncaster)—The Bill distresses me. It could have roared like a lion, but it […]
The Napthine government is determined to limit land supply and thereby further increase the cost of land for all in Melbourne.
The price of freshly subdivided land on the outskirts of cities reverberates and amplifies all the way to their centre. Constricting supply has profound implications.
Concerns continue to grow in China where the value of land sales are down 38% y.o.y and VOLUME down 45% according to Market Watch: Total land sales fell to 1,767 transactions in May in 300 Chinese cities, down 45% from a year ago and 19% lower than in the previous month, according to a survey published […]
Our third Evolving Economics Enews. Share it with your friends, join the enews list, sent bi-weekly. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia June 11, 2014 Photo – Kicki Holmen Three, no make that four conversation starters Sometimes you get waves of key data worth storing for your […]
The good data provided by the ABS boosts buyer confidence and actually lifts land prices. Their absence after the Abbott Government’s cost-cutting can only reduce them. This may even be the pin that pops the land bubble.
Midnight Wednesday, the Queensland Parliament amended the Local Government Act and the City of Brisbane Act to legalise the theft of around $2.3 billion in differential rates charged by 20 councils on non-resident owners over the last twenty years. The Queensland government’s instinctive response puts protecting the revenues ahead of the law and the […]
The latest edition of Progress – our 1111th – is now available on-line (PDF) * Prosper’s submission to the Senate inquiry into Affordable Housing * Financial Rules for Constructing a Strong State by Fred Harrison * It’s Time to Shift States to Land Tax by Leith van Onselen * Trade Advantage replaced by Rent Extraction – […]
Monbiot chronicles the shrieking retorts to reforms challenging their unearned incomes. Tax reform can no longer be dismissed as a dirty word left to the well connected. Here in Australia such shrieking to the mining tax, pokie or taxi license reforms was closely followed by the threat of a marginal seats campaign. More and more voters are seeing through […]
Renegade Economists podcast 341 As broadcast on 3CR, Wednesday May 28. Subscribe to the weekly podcast (via Itunes). This our 1st translation via Dragon Dictation. Edits for readability. Welcome to the show with your host Karl Fitzgerald. This week we are starting with an overview on some of the economic theory underpinning the show, focusing […]