Karl Fitzgerald

A Radar for Common Sense

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Our Renegade Economists radio show is celebrating its 500th show next week. Here are some recent highlights: The International Union for Land Value Taxation’s Alanna Hartzok discusses the political implications of a world unable to comprehend the onslaught of record land prices, immigration and inequality. UN developments alongside water rights are also analysed. Check the […]

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Game of Mates – Melbourne Book Launch

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In 2015 Dr. Cameron Murray released an influential paper investigating the nexus between relationship networks and land rezonings in Queensland. Fairfax journalist Michael Pascoe stated the paper ‘should have brought down state and local governments, sparked a royal commission and radically changed the Australian housing industry’. Murray has built on this game theory approach in […]

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Prosper’s Evolution

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Dear supporters, The work of Prosper Australia is being discussed more often by government and independent economists. More economic journalists are now referring to the good sense of introducing a range of better land taxation measures. Meetings with the Victorian Treasury and the State Revenue Office are becoming commonplace. Our work has been referenced by […]

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Vacancy a Sign of Systemic Failure

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Prosper President Catherine Cashmore is quoted in The Age with Land Bankers raise ire of the well-heeled. “Morally it’s not a good thing to do,” she said. “But let’s not blame the investors.” She pointed the finger at government policy: “The nation has been breastfed on the notion that the way to fund their retirement […]

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Aim for Prosperity

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President Catherine Cashmore on The Shtick, explaining Prosper’s tax reform agenda.

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Pitfalls loom for vacancy taxes

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Governments make token moves in the right direction The Federal government announcement of a vacancy tax on foreign investors could be construed as pure populism. Foreign investors constitute some 11% of all residential property purchases. Barely 3% of those purchasers are the much vaunted Chinese investor. Domestic investors are up to four times more significant. […]

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Corruption and Property Laundering

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Nelson Yap at the Australian Property Journal writes: SECRET companies are allowing illicit and corrupt money to flood into Sydney and Australia’s real estate market. Transparency International’s new report Doors Wide Open: Corruption and Real Estate in Key Markets has identified Australia, Canada, the United Kingdom and United States as the top four hot spots […]

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Victorian Budget Submission

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Preamble Prosper Australia welcomes the opportunity to contribute to the 2017- 2018 Victorian budget as a leading non-government economic research organisation highlighting the political-economy of land, natural resource and monopoly rents. This submission focusses on the role of State Land Tax (SLT), which is the fairest and most efficient tax, at a time when the […]

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Renegade Economists Investigate

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Our weekly radio show on 3CR, Wednesdays 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 […]

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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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