Land banking
You’ve got to love real estate spruikers. They are so consistent and always so wrong. David Morrell purports to be a buyers’ advocate. On 5th March in The Age he was saying how you can’t go wrong with “land banking”…
Karl Fitzgerald
I am the webmaster. I work full time promoting the urgent need for the public to gain a share of the earth's worth. Our projects help to raise awareness of this crucial issue.
Opportunity has a name: it’s called land
photo credit: Ravages by Gavin R. Putland If the Australian economy has come through the Global Financial Crisis in such fine shape, why do we have an official unemployment rate over 5%, and a real unemployment rate two or three…
Vote now for a fairer tax system!
The Rudd Government has reviewed the tax system. The Henry Review came out strongly in favour of capturing economic rents for the common good. Read our analysis of the report here and here. The Rudd Government has written off any…
Hudson: Wall St Moves in for the Kill
photo credit: elodole MICHAEL HUDSON Former Treasury Secretary Hank Paulson wrote an op-ed in The New York Times yesterday, February 16 outlining how to put the U.S. economy on rations. Not in those words, of course. Just the opposite: If…
GAIC fails to sprawl
The Brumby government’s ill-fated Growth Areas Infrastructure Tax was defeated in the Victorian Senate last evening. This spells the danger of poor land policy. Why did they attempt to charge $95,000 per hectare as a flat fee? Why wasn’t this…
Investors understand economics re Resource Rents
Surprise! A new Age survey found that investors were concerned about the Henry Review’s proposed Resource Rent Tax: … a staggering 92 per cent believed that the higher taxes would hurt the share prices of resource stocks. Long-term effects were…
Raising Revenue from Mineral Deposits
photo credit: ToOliver2 Dr Gavin Putland Taken from the Dec – Jan edition of Progress. Download Progress (8MB) If a “site” is a piece of ground or airspace, then the “rent” of the site is simple enough: it is…
Mental Health and Property Bubbles
photo credit: xeeliz Our colleague Gavin Putland is quoted in this article by Leon Gettler: Predicting when the property bubble will pop is bad for your mental health PROPERTY bubbles suspend laws of supply and demand. In markets for widgets,…
The New Junk Economics: Hudson
It’s hard to keep up with Professor Hudson’s rapid fire work rate. Wash the dishes to these 2 key interviews. Guns and Butter – Obama’s Republican Class War Presidency – February 3, 2010 at 1:00pmClick to listen (or download) Guns…
Asset Bubbles Forever
photo credit: moominsean Tuesday 2nd March Phillip J Anderson Phil Anderson, (Economic Indicator Services) author of The Secret life of Real Estate, will discuss the economic policies of the day in light of his arresting array of charts. Will the…