The Mercury House prices have pushed us into the top 20 of unaffordable cities in the world. After seven years of boom, the legacy of this government, elected by ordinary working people, will be a city owned by the elites.…
Higher interest rates are the surface issue “The Great Australian Dream is being threatened by speculative forces rather than interest rates” said Prosper Australia spokesman Karl Fitzgerald today. The Howard Government’s expansion of negative gearing in 1996 put the blow-torch…
The Australian Mr Michael Janda’s advocacy of land value taxation as a means of lowering the tax burden on both workers and entrepreneurs is well advised. As Adam Smith recognized, there are only three factors of production – land, labour…
A Submission to the Review of Electricity Distribution and Service Delivery for the 21st Century estd. by the Queensland Government, March 1, 2004 Summary The benefits of sinking power lines underground — including fewer power outages, higher power quality,…
The real issue forcing land prices up are the huge economic rents available to land speculators. With Jeff Kennett’s move away from Site Value rating to Capital Improved Value (CIV) rating, land speculators can purchase land, sit on it and…
Yesterdays’ IR rally saw a call to action for workers to maintain the rage. However many AWA’s Beazley threatens to tear up, fundamental economic laws still need to be addressed. Prosper Australia today called on Government to curb land speculation…
The Age Dear editor, Alan Moran (The Age, August 3, “Land-based wealth an illusion”) has it partially right. He correctly claims that inflationary pressures provide the impetus for interest rate pressures. He also correctly claims that there is a disparity…
International Union of LVT Conference – London July 2006 The theme of the International Union Conference was The Economics of Abundance – the point being critical that the wealth is there in economies, it’s just that it is terribly distributed…
Dear Editor, So now we discover the effects of reducing state land tax and councils moving away from site rental value for rates to capital improved value (“Victorians Risk Losing Homes”, Herald Sun, July 17). Deriving public finances from the…
Land Hoarding the Real Threat to Housing Affordability It is govt fiscal policy at all levels rather than land supply issues that are leading to the housing crisis. “The reductions in Land Tax at a State level and moves away…