Bryan Kavanagh

What can’t be said

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Having recently read biographies of Paul Keating, Wayne Swan, and Craig Emerson, I’m astounded at their incredible levels of political commitment and investment in the Labor Party, and to Australia, during the Hawke-Keating period of government from 11 March 1983 to 11 March 1996. However, their economics was fatally flawed. Emerson’s account expands into the […]

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A farmer’s plea

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  The Need for Economic Democracy by Mark Haywood   “Our planet is small at last, and we will not forever be able to seek prosperity in the impoverishment of others and the destruction of nature. Ecology compels us, finally, to ask if there is a decent future for any if there is not a […]

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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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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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OECD tries to do the impossible

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  3 January 2018 International Co-operation and Tax Administration Division OECD/CTPA Dear Ladies and Gentlemen,           Circumvention of Common Reporting Standards (CRS)   May I respectfully suggest that the OECD has set itself an impossible task in endeavouring to curtail circumvention of common international reporting standards. Just as national accounting and legal professions have […]

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From capitalism to rentierism?

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Taxes on wages in Australia were fairly minimal until WWII, since which time they’ve been ratcheted up significantly. Federal taxes before the war consisted mainly of customs and excise charges and the federal land tax, introduced in 1910. The States and municipalities also levied land-based taxes. These played an important part in the development of […]

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Where we failed: a telling chart

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  In his paper American Government Finance in the Long Run: 1790 to 1990 (Journal of Economic Perspectives, Vol 14, Number 1) John Joseph Wallis demonstrates that US government finance experienced three separate phases:- Asset Finance Phase 1790 to 1842, where state-driven infrastructure and legal support for banks and companies were a priority. Development was financed from land sales, […]

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Regulatory bodies paid to look like idiots?

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  All the great social philosophers have held that land must be rented, not sold, if communities aren’t to implode. One of them put it into a formula, saying that if we were to capture the social surplus, then labour and profits will receive their full and rightful income—their ‘private property’?—undiminished by arbitrary taxation:- i.e. Production […]

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“Is the Queen a Georgist?”

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  Turns out she is! She pays the rent …. In 2015 the Crown Estate delivered a record £328.8 million to the Exchequer from its thirty wind farms and central London assets. This was up 8.1% on the previous year, taking the total the Estate has returned to the Treasury over the last decade to […]

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