Melbourne Rents Falling

by | Jan 15, 2013 | Commentary, Press Releases

15 January 2013 MELBOURNE – The REIV yesterday forecast stable or declining nominal rents if current trends continue. This means rents are falling in real (after inflation) terms. “Shrinking residential rents are a profound set-back for negatively geared property...

Time To Get Real

by | Dec 13, 2012 | Commentary, Press Releases

13 December 2012 Citizens deserve the truth: property prices are down -8.6 per cent nationally in real terms. Removing inflation from real estate prices reveals falls from peak of -11.2 per cent in Melbourne and -11.6 per cent in Brisbane in real terms, according to...

Taxi Licenses are Economic Rent

by | Dec 11, 2012 | Commentary, Press Releases

11 December 2012 Charging Victorian taxi license holders a stiff annual fee as Prof Allan Fels proposes should be welcomed by every citizen and immediately enacted by government, says Prosper Australia. “TaxiLink director Harry Katsianabis manages 160 taxi licenses...

Englobo

by | Dec 6, 2012 | Articles

Let me introduce you to a beautiful word that loops off the tongue, sweet soft and round. Englobo. It is “an undeveloped lot, group of lots or parcel of land that is zoned to allow for, and capable of significant subdivision into smaller parcels under existing land...

Melbourne needs Choo Choos!

by | Nov 22, 2012 | Articles

The Victorian Government wants to, needs to, spend billions on Melbourne transport to catch up with the city’s explosive growth. As John Legge kindly points out in a must-read at The Age: “The affluent have crossed the Yarra and now colonise almost all of the zone-one...