Karl Fitzgerald

Renegade Economists Investigate

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Our weekly radio show on 3CR, 5.30-6pm is now repeated Mondays 8am. The show has some big names lined up over the next few weeks – can you guess who by the flavour of recent episodes? Remember you can listen five ways: Sign up to mixcloud to have the show delivered to your inbox Automatically […]

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Prosper SBS News

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Prosper Australia President Catherine Cashmore had a busy week. First, Catherine was interviewed by Raph Epstein for ABC FM Drivetime. Then Catherine was asked to appear on SBS News Saturday night in Vacant Homes in Sydney draws Attention of UN. Channel 9 news also referenced this report. Earlier in the week, our Speculative Vacancies Report […]

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Report Insights on the UN’s Financialisation of Housing

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The UN Special Rapporteur’s Report into the financialisation of housing delivers a damning indictment on the worldwide commodification of housing. The report investigates the state of housing globally, the current economic policy trends to control and shape investment, and the efficacy of those policy measures. Finally the report makes a series of key recommendations for […]

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Value Capture Verve

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Prosper’s recent value capture submission answered pressing questions, an indication of how deeply the Department of Infrastructure is considering this vital funding mechanism. Read the department’s Value Capture discussion paper for an insight into their understanding. Value Capture submission Infrastructure Investment Division Department of Infrastructure and Regional Development February 2017 About Prosper Prosper Australia is […]

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The Hidden Role of Rent

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Fred Harrison summarises the various studies analysing the role of economic rents and why it is hidden from economic analysis. The interview is conducted by Andy Mazzone (Henry George School of Social Studies) as part of the Smart Talk series.

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Modelling housing failure

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Cameron Murray from Fresh Economic Thinking provides insight on why today’s housing modeling is not up to the task of providing accurate insights into urban development. The workhorse model of urban economics is the Alonso-Muth-Mills (AMM) model of the mono-centric city (the modern treatment is attributable to Jan Brueckner). Essentially this is the representative agent […]

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Foreign investor tax slug spreads

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Catherine Cashmore appeared on Channel 9 news last night to discuss the fact we are building the wrong type of stock to meet our growing community. The report compared the 80,000 apartments due to come onto the market over the next few years with the 80,000 vacant properties we identified in the Speculative Vacancies report. […]

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Property Lobby’s million dollar no-show

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On Friday May the 13th the entire real estate industry launched into full attack-mode against those willing to reform negative gearing and the capital gains tax discount. The ALP and the Greens have both announced reforms targeting the subsidy to landed interests. That night Channel 10’s The Project sought to find a representative to discuss […]

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The Easy Economics of High Speed Rail

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Last week I was invited to give a presentation at Melbourne University to the Beyond Zero Emissions discussion group on the ability of Land Value Capture to finance infrastructure. They also asked for an Econ 101 type introduction. In 2014, BZE released a report Zero Carbon Australia High Speed Rail. It is within this context […]

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4 Corners: Home Truths

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President Catherine Cashmore has been busy with the 4 Corners team filming a number of scenes around Melbourne. Tonight we find out which scenes make national TV in a much overdue investigation into the pressure housing affordability places on society. Thanks to all those supporters who have written into the show over the years requesting […]

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https://prosper.org.au/author/karl-fitzgerald/