by David Collyer | Jul 8, 2010 | Commentary
This week’s backdown by the federal labor government on the Mineral Resource Rent Tax will cost Australian taxpayers $35 billion over the next ten years. The shortfall in government revenues will be made up from taxes on work and taxes on business. That means it is...
by David Collyer | Jul 1, 2010 | Commentary
photo credit: TerenceKearns.com Residential planning approvals fell another 6.6 per cent in May. No, this isn’t proof the housing bubble is over, but it hints broadly at that conclusion. I try to warn friends of the impending crash. They dismiss me as a Cassandra, or...
by David Collyer | Jun 24, 2010 | Press Releases
The appointment of Australia’s first female Prime Minister is very welcome, the circumstances of her elevation are not, says Prosper Australia. “Dumping Kevin Rudd is obviously linked to the Resource Super Profits Tax,” Prosper spokesman Karl Fitzgerald said today....
by David Collyer | Jun 16, 2010 | Commentary
photo credit: looseends Saturday mornings at the Richmond market. I hear a fruit stall worker calling his wares: “Last of the carrots! A dollar a bunch! AND THERE’S NO MORE!” Of course, he has carrots by the boxful under the table, but his solemn warning means he...
by David Collyer | Jun 10, 2010 | Commentary
photo credit: Schaffner Sometimes the ignorance of experts makes my blood boil. Why can’t they do the arithmetic, the sums plainly before them? The Victorian Transport Plan will cost $38 billion and produce benefits of $180 billion, according to a state-commissioned...