The Abbott government’s lurch at a foreign investment fee to fund the Foreign Investment Review Board will be a minor inconvenience. The AFR: Mr Abbott said the fee structure was comparable with a system in New Zealand but less punitive than regimes in Singapore and Hong Kong. “We are open to foreign investment but its […]
Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2014 Hernan Pinera The Climate Fund Under Our Feet – this Thursday! Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter: Karl Fitzgerald RSVP As resource scarcity is compounded by rising housing debts and a democratic system […]
With Sydney’s clearance rate hitting 87% on the weekend and a modest 3 BRM weatherboard homes selling for $1.36m, (some 40 minutes commute from the CBD), concerns over the role of speculative investment continue. The ‘golden ticket’ to fast track residential status, the Significant Investment Visa, has seen a five-fold increase in applications over the last […]
Part of the Geoists in History series, a biographical take on influential economic thinkers, taken from our 112 year old Progress Magazine. “I propose to introduce the reform gradually and with the greatest care. A tax particularly burdensome should be first taken off, its net amount accurately calculated, and an equivalent laid upon the land. […]
The federal Social Securities Minister Scott Morrison has again this week revealed just how reluctant politicians are to discussing the sacred cow – the family home. With the Federal Government struggling to build a narrative for budgetary integrity, discussion has focused on the extensive superannuation concessions provided to retirees. Fairfax’s Peter Martin has warned these tax […]
We’ve all become slaves to the banks. The ruling elite don’t want you to know this of course. It should actually be the other way around. Banks should work for society. But where’s the free ride in that?
Part of the Geoists in History series, taken from our 112 year old Progress Magazine. Andrew Carnegie (1835 – 1919) “The most comfortable, but also the most unproductive way for a capitalist to increase his fortune, is to put all monies in sites and await that point in time when a society, hungering for […]
Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2014 Nicolas Mirguit The Climate Fund Under Our Feet Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter: Karl Fitzgerald RSVP Last year was Australia’s 3rd hottest on record. The likelihood of a radical future grows with each […]
Prosper has serious concerns about the equity and economic efficiency of the reform proposals reported in the media as coming from cabinet ministers – notably broadening the GST , which is a regressive tax. Our submission spells out why.
Last night I attended the Melbourne City Council’s Future Melbourne Meeting to speak on the dangers the Andrews Government rating cap has placed on council revenue raising. Cr Stephen Mayne had an interesting motion that caught my eye via twitter: Future Melbourne Committee Agenda item 7.6 10 February 2015 Notice of Motion, Cr Mayne: Land […]