Monday April 21st, 7pm, Prosper Australia rooms, free Inspired by the gammut of short sighted housing policies dominating the press, Prosper Australia has invited our resident expert Leo Foley to discuss the role of Community Land Trusts in assisting housing…
Tune into www.3cr.org.au from 5- 6pm today or listen via good ole AM radio – 855 AM on the dial as hosts Karl & Rayna interview Steve Keen about his upcoming presentation, “Deeper in Debt” (tomorrow night in the Prosper…
The front cover of today’s Herald Sun has a huge photo of Horse Stud owner Steve Spiteri (looking hard done by!) with a caption: ‘Thanks Premier: Steve Hits Paydirt’. Yesterday’s announcement to rezone all land residential within Melbourne’s 2030 boundary…
Prosper Australia today applauded the State Government’s announcement for taking housing affordability more seriously. However, questions must be asked about who benefits most from this announcement. “Today’s declaration of residential zoning has made Victoria’s land bankers more money in a…
Below we can see 2 examples of former Commonwealth land being released ‘to the market’. Snapped up by a developer in Melbourne’s most impoverished neighbourhood (Braybrook), such large ‘land banks’ are manipulated to drip feed houses to the markets so…
The bluntness of Interest Rates is again in the news: Average Pay Wont Buy a Home. Whilst we hear again that mortgage payments are taking an increasing share of our pre-tax income (now 37.4% to service a median home), the…
Make sure you watch this 7 minute expose on the Tax Clawback scam. Some of you may recognise Ross Ashcroft from our Comics of Economics night earlier in the year. Check Earthsharing’s YouTube channel to keep in touch with Australia’s…
Thursday March 13th, 7.00pm, Frank Halkyard Library, Prosper Australia rooms in conversation with Bryan Kavanagh Join leading economics commentator Steve Keen as he discusses his new report Deeper in Debt. (PDF, 1.5MB) Assoc Professor Keen, author of Debunking Economics, will…
An article summarising the National Housing Conference in Sydney yesterday called for all the usual policy reforms: cull negative gearing & First Home Owners Grants, reform capital gains tax and rent assistance. ‘These are measures that add to demand for…
Tim Colebatch’s interesting article today on Investors’ Housing Splurge shows how dominant the speculative dollar is over the genuine developer’s dollar. Colebatch says “Only one in every 12 dollars lent to investors was used to build something.” This must arouse…