Interest Rates Shoot the Messenger

March 08 figures reveal that loans for first home owners dropped to just 16.4% of owner-occupied approvals. Yes 16.4%! The Great Australian Dream is being dominated by baby boomers and/ or speculators. Those that most need a roof over their heads are the last in the...

Canberra’s policy vision

Finally a breath of fresh air has been blown upon the housing affordability issue. The ACT government has acted upon its long history of innovative financing by proposing a system of leasing land. Income earners below $75,000 will be able to lease the land at 2% p.a...

2030, Affordability and Understanding

Today’s report on the Melbourne 2030 urban growth boundary cries out for a comment from Prosper Australia members. Melbourne University academic Rob Moodie rolled out the usual suspects in recommending that dwellings per hectare improve on the urban fringe, that...

Airport parking mafia

The power of monopoly rights was recently exposed with the growth in parking revenue at Melbourne Airport. Australian Pacific Airports Corporation is the owner of Melbourne Airport, a group controlled by a number of Australian infrastructure funds. It was reported in...