The Rotting Fruits of a 100 Year Old Trend
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?
David Collyer
Tax reform derailed
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.
The property holdings of members of the Queensland Parliament
The Queensland election this Saturday has the nation holding its breath. Will the Liberal/National Party government of Campbell Newman with 78 of the 89 seats in the parliament be displaced by a very angry electorate, or merely have their…
Ditch the saddlebags of deadweight losses – for the win
Yesterday, Cameron Kusher of CoreLogic RP Data called for the removal of conveyancing Stamp Duty and its replacement with a universal land tax. His comments come just ahead of the release of the federal government tax reform white paper. He…
Victoria considers ‘Value Capture’
Victorian Labor in its November 2014 election transport manifesto Project 10,000 boldly announced it would “Remove our 50 worst level crossings” at a cost of $5-6 billion. They are now the government. Grade separation of rail – elevating the track…
Soos and Egan – Australian Property Chart Pack
By Philip Soos and Paul D. Egan This chart pack presents the latest statistics for 2014, updating the dataset provided earlier last year. When adjusted for inflation and quality, housing prices have boomed nationwide since 1996, hitting a peak…
Funding Melbourne’s new underground rail link
Media Release “The Andrews government has lost no time putting its stamp on the future shape of Melbourne, funding the planning stage of the Melbourne Metro Rail tunnel – while fretting about the $9 billion cost. “Victoria can fund this…
Schroders: A-REITs will cost you
Schroders has a paper out on Australian real estate investment trusts (REITs) A wolf in REIT’s clothing that should have every RE executive checking the polish on their shoes. David Wanis is as dour as a parson, predicting a ~1.6%…
Sydney Swans and Melbourne Demons
What passes for analysis or commentary on property matters in Australia’s media is bloody woeful. Robert Gottliebsen is out this morning on Business Spectator Why Sydney won’t mirror Melbourne’s apartment glut supposedly comparing Sydney and Melbourne apartment markets. The piece…
The FIRB’s new milk teeth
The report of the parliamentary committee inquiry into the Foreign Investment Review Board is out. The inquiry has been conducted with great fanfare to edify the Liberals’ rising star and MHR for Higgins Kelly O’Dwyer. And what are its findings,…