Political cowardice, bad taxes and the FIRB furball
The Australian people are being distracted from the main game by a mad side-show over foreign nationals buying our land. The sheer scale of this buying is further inflating our sorely overheated property market, imposing great costs on first-time buyers, giving a free...12km of cost-shifting – onto working stiffs like you
The Property Council of Australia was out again yesterday, sternly defending the land from pesky taxes and ‘value capture’. Well, their land. The ACT branch said its members “applaud the ACT government’s vision” for the 12-kilometre tram linking the...Free the people – use good taxes
The Housing Industry Association’s Harley Dale and the Urban Development Institute’s Michael Corcoran have called for the repeal of Stamp Duty in favor of a broad-based land tax, News Corp reports today. Both lobby groups fear an extension of the GST to...
The valuation conundrum – not.
By Bryan Kavanagh and David Collyer This week’s game-changer, the Property Taxes paper by Grattan Institute has a minor error on land valuation that needs correcting before it becomes a gift to the opponents of reform. Grattan is acutely aware that on this topic they...Republish this article
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