Fred Foldvary’s rapid fire insights on the GFC are summarised in this excellent speech “Why the Predictable Crash of 2008 was not a Market Failure”. From money supply manipulations to bailouts to the needed remedy, Foldvary flies through the stages…
Land speculators with portfolios in Coolaroo, Cranbourne East, Caroline Springs, Nunawading, and Parkville will be celebrating with their second free lunch in as many weeks. Brumby’s announcement of new train stations in these suburbs has delivered windfall gains to those…
photo credit: Poppyseed Bandits When: 7pm, Thursday Dec 11th Where: Prosper Australia, Frank Halkyard Library, Level 1/ 27 Hardware Lane, Melbourne Why: Because the US style bailout is heading our way Who: Fred Foldvary is the Senior Editor of the…
photo credit: Dean Terry If ever we needed any more motivation to burn the midnight oil, the Brumby government’s latest handout to the property lobby is just this. Just nine months since he handed out free lunch with the 90,000…
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The I Want to Live Here film comp is on next Wed Dec 3rd at The Order of Melbourne, Level 2, 401 Swanston St (opp RMIT) Comedian Rod Quantock will help get us in the mood as we settle in…
photo credit: Cosmic Kitty With auction clearance rates plateauing at 54% for the 3rd consecutive weekend, property pundits are doing all they can to avoid doom and gloom perceptions. The market has ‘found a new level’ is the positive spin.…
photo credit: GFX69 Prosper Australia’s long time Executive member Bryan Kavanagh had this excellent article published yesterday in The Age NOTHING changes. In the 1970s, the collapse of Mainline Corporation and Cambridge Credit heralded a recession after the 1973 real…
Karl Williams July 2008 It’s one thing to calmly read statistics about climate chaos but a completely different experience to hear the frightening stories from the disaffected. In the remote north-eastern Thai province of Nan, listening to a 60-year-old café…