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…
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…
Our now monthly radio show on 3CR, on the fourth Wednesday @ 6pm. 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…
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.…
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…
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…
Prosper Australia created the following Review of the Petroleum Resource Rent Tax (PRRT)
Written by Dr Cameron Murray.
by Dr Cameron Murray Summary 1. Successful reforms of oil and gas resource taxation that reclaim the public’s rightful share of resource rents will be vigorously contested with extensive lobbying and campaigning. The oil and gas industry is also likely…
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.
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…