The rent ratchet mumble of the BBQ landlords

by | Apr 7, 2015 | Commentary

Rents always go up – don’t they? The 1.2 million negatively geared Australian tax payers whose property expenses exceed their rental income think so. Their cunning plan is to patiently wait while the rent ratchet turns their negative cash flows positive and net income...

A misguided attack on Land Value Taxes

by | Mar 31, 2015 | Commentary

by Noah Smith The idea of a Land Value Tax (LVT) is to tax the value of land independently of the value of improvements on that land (e.g. buildings, farms, or mines). Separating the value of a plot of land from the value of the structure built on top of it is a very...

Treasury unearths a beautiful tax

by | Mar 30, 2015 | Commentary

Treasury today released its submission to the federal Tax White Paper. It has found a tax that actually confers a benefit on Australian citizens. That is, using it actually leaves us better off. It isn’t a new tax. It is land tax. Unbiased economists have always...

Carnegie’s endowment

by | Mar 25, 2015 | Commentary

Prominent Australian investor Mark Carnegie has called for tax reform to end the policy and financial straight jacket we find ourselves in – pointing to land tax, a resources tax and a lift in the GST to 15 per cent. He labelled the Abbott Government’s upcoming White...

Land tax is simple and equitable

by | Mar 18, 2015 | Articles

by Alex Sachez Australians love their property. Whether it be their own place of residence or whether it be their nest egg investment place, Australians love to buy and accumulate property. You don’t have to look too far to see how the property obsession leaches...