by Karl Fitzgerald | Mar 29, 2010 | Letters to the Editor
photo credit: aphasiafilms Letter to the Editor David Collyer Balwyn THANK YOU, Tim Colebatch, for your clear-eyed review of our hopelessly distorted housing market (”Housing at these prices will leave us all a heavy debt to bear”, Comment, 23/3). Your...
by Karl Fitzgerald | Mar 26, 2010 | Press Releases
photo credit: CarbonNYC Media Release “We have the means at hand to liberate the citizens of our great country from their current financial difficulties,” Prosper Australia’s Karl Fitzgerald said today. “The answer lies in reforming our tax system. A major petition to...
by Karl Fitzgerald | Mar 19, 2010 | Letters to the Editor
photo credit: mugley Letter to the Editor David Barkly Nunawading Speculators have excelled themselves with their land banking. A realistic flat-rate land tax would discourage speculation. It would be equitable because land values rise due to community action,...
by Karl Fitzgerald | Mar 18, 2010 | Commentary
Huge land bank puts squeeze on buyers ‘We release land in a staged manner to meet demand because it would not benefit anybody to flood the market” said Stockland’s General Manager Andrew Whitson. Wouldn’t benefit anybody Andrew? Well perhaps it...
by Karl Fitzgerald | Mar 15, 2010 | Commentary
Consider these three points: Property developers have openly stated they are reducing the supply of property to the market in order to massage land banking profits: While some already owe more than their home is worth, the result of prices initially boosted by first...