Stamp Duty: Inefficient, Unreliable, Inequitable

by | Mar 20, 2013 | Commentary

  Victoria’s new Treasurer Michael O’Brien has called for a discussion on ending Stamp Duty on property conveyances.  Prosper welcomes this opportunity to consider the quality of Victoria’s tax bases and the costs they impose on citizens. Stamp Duty is a very bad...

Englobo II: The Money Sleeps

by | Mar 13, 2013 | Articles

  A fact-free defence of urban planners in The Conversation yesterday has left me fuming about how this group is immersed in process and blind to The Game being played around them. The Game boosts land prices, creates serviced land shortages and impoverishes all...

Listed Developer Englobo Holdings

by | Mar 12, 2013 | Press Releases

  7 March 2013 Prosper Australia today issues its update of ‘Englobo’ holdings of listed property developers (attached), as revealed in their audited half year accounts recently released to the Australian Stock Exchange. Based on last year’s sales – the...

A long, ugly list of house price precedents

by | Feb 22, 2013 | Commentary

by Philip Soos For those interested in the Australian residential property market, below are a collection of figures illustrating long-term trends. Housing prices and land values are compared to a basket of fundamental metrics. Australians are fortunate because much...

The Land market’s big sigh

by | Feb 5, 2013 | Commentary

  The ABS House Price Indexes 8 Capital Cities Dec 2012 6416.0 was released this morning and shows prices rising 2.1 per cent for the year and 1.6 per cent for the quarter. This result will encourage those who see expensive land as a badge of honor. It provides...