If land prices escalate, wages must suffer

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In an interesting article in the Fairfax media today, purporting to provide the truth about declining wages in Australia, Jessica Irvine and Adam Gartrell fail to mention that David Ricardo, Adam Smith, JS Mill and Henry George had all said that land rent needs to be taxed away if wages and profits are to receive their […]

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Prosper’s Northern Territory Revenue Submission

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The Northern Territory Government’s Revenue Discussion paper submissions have come to a close. Prosper’s Submission focuses on supporting the NT Government in shifting towards a broad based Land Value Tax and further improving existing Royalty arrangements. The submission is briefly summarised below. Facilitate the shift from Stamp Duty to Land Tax Stamp duties The NT […]

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To a Fair Share of Nature’s Rent

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An excellent new video commissioned by Bryan Kavanagh, explaining how a fairer economy must include sharing the naturally rising value of natural resources.

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Proposed removal of Site Value rating option

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James Webster Parkdale, VIC 3195 March 7th 2018,   Dear DELWP, I object to key changes in the Local Government Act Review that undermine the revenue sovereignty of local Councils. I consider revenue sovereignty crucial to council’s political sovereignty. I strongly oppose the removal of Site Value Rating from the legislative framework on the grounds […]

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Victorian local government to ban site value rating?

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Local Government Rating Review submission  The two most thoroughgoing inquiries into Australian municipal rating have proven to be:- 1)     the 1965-1967 NSW Royal Commission on Local Government Finance and Land Valuation, under Justice Rae Else-Mitchell, and 2)     the 1989 Brisbane Committee of Inquiry into Valuation and Rating, under Sir Gordon Chalk. Both inquiries came out […]

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https://prosper.org.au/2018/03/