David Collyer
Developer Levies drive up land prices
10 November 2011 MELBOURNE:- The Growth Corridor Plan announced by the Baillieu Government presents Melbourne with big challenges. How to pay for the massive infrastructure needed is front and centre – and unmentioned in the Plan. “Demand for new and…
“No Visible Means of Support”
photo credit: DrWurm A term employed in Vagrancy statutes to test whether an individual has any apparent ability to provide for himself or herself financially. The Law frowns upon people who make their living outside formal employment. Yet it bows…
Property’s “Signs of Stabilising”
photo credit: lynac The bullhawks are out in force, talking up last quarter’s smaller than expected price falls. Somehow here is evidence of the end of the downturn. Risk on! Throw caution to the winds! Really? It is easy to…
Imminent recession forecast by Kavanagh-Putland Index
photo credit: ausemade 26 October 2011 Melbourne:- The Kavanagh-Putland Index, which examines the ratio of property sales to GDP, has fallen to a 12-year low. A fall in market turnover precedes a fall in land values by one to two…
Time to buy an Italian sports car – not
The currently deflating land bubble will erase wealth with dazzling speed. Sadly, striking falls in land values will have a greater impact on Australian wealth than any other advanced country.
House price falls steeper that the US
18 October 2011 MELBOURNE:- “House prices are falling in Melbourne faster than US prices did when that property bubble burst,” Prosper Australia Campaign Manager David Collyer said today. “The enormous housing oversupply and sudden buyer caution have dramatically switched the…
The warnings come thick and loud
photo credit: tm-tm On Sunday 9 October, The Sunday Age published an article by Chris Vedelago Buyers Nibble but No Big Bite. I would link, but can’t see it in The Age online. Here are the money quotes: “But a…
No Reform – Paradise Postponed
photo credit: Steve – wants a job at Chester Zoo MELBOURNE and CANBERRA:- Australians had high hopes the Tax Forum would herald the end of taxes that distort and diminish economic activity as Ken Henry recommended. Sadly, these hopes have…
Un-Taxed Privilege
photo credit: rubenerd 29 September 2011 MELBOURNE:- Vested interests are determined to stifle reform of the government revenue base at the Tax Forum next week, says Prosper Australia. “The government has lined up industry representatives and lobby peaks – all…