National land prices up $594 billion

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MEDIA RELEASE Wage growth suffers from record increase in Australian land prices. “The $593.7 billion uplift in land prices announced today is thirty times larger than total banking profits. The average annual gain has been around $180 billion, so to have an increase some $400 billion higher than normal shows just how much money has […]

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Banking on Profits

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Letter to The Age October 10th, 2017 How ironic that boss Ian Narev is concerned that global wage growth has been “relatively weak” (‘CBA boss says sorry over ATM scandal’, The Age, 7/10). Adam Smith noted in Wealth of Nations that privatised land rent adds one-third to costs. (“This portion, or, what comes to the […]

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The Queen’s Land Rent

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Phillip Anderson’s recent speech to Prosper’s 126th dinner provided this enticing talking point. Read more on the ramifications of such leadership.

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https://prosper.org.au/2017/10/