Blog
Added and “unadded” value in the Australian economy
Australia’s economy is dominated by sectors which derive significant revenue from “economic rents” – or unearned income.
National Prosperity A ‘Fairy-Floss’ Economy?
National prosperity is an economic mirage (As published in the AFR, 25 January 2022) Exorbitant land prices act like termites upon an economy, bringing social and economic division, decline, and eventually, collapse. Any perception the Morrison government has boosted...
Rent is Like an Entry Price to Life on Earth
What a saying! Like an entry price to life on earth. I picked that up from a Scottish 80's zine by Steve Wall. I hope it resonates with you. Here is the editorial to Progress Magazine #1131, featuring key articles from leading thinkers such as Fred Harrison, Emily...
On a Win
Renegade Economists Show 601 As broadcast on the 3CR airwaves. Subscribe to the monthly podcast. Show Notes Our final radio show on 3CR sees Karl going out on a win, discussing the Windfall Gains Tax legislation that passed last week. Along the way you'll hear...
Statement to the Commonwealth Inquiry into Housing affordability and supply
Prosper prepared the following opening statement to the Commonwealth Tax and Revenue Committee's inquiry into housing supply and affordability: Prosper Australia welcomes the focus of this enquiry into the role of taxation and supply on housing affordability. We are a...
Windfall Gains Tax Good for Regional Communities
Media release: Windfall Gains Tax Good for Regional Communities. Tomorrow (16 November) the Victorian Parliament will vote on legislation to introduce a Windfall Gains Tax.
Is there really a housing supply crisis?
Housing supply is often touted as the one and only solution to unaffordable housing. It is a favourite topic of both the development industry and many government inquiries (including the current Inquiry Into Housing Affordability and Supply).
Land Price Increase = 86 Years’ Banking Profits
Cross Posted from John Menadue's Pearls & Irritations As our federal politicians look the other way whilst housing prices continue to escalate, a national record reminds why this issue won’t go away. Friday’s national accounts revealed a record land price increase of...
Australia’s land prices are out of control
Media Release A Housing Affordability nightmare - Australia’s land prices are out of control Today’s national accounts revealed record land price inflation - triple the highest ever previously recorded. The cost of land in Australia has gone up by $1.72 trillion,...
600 Ways to Tell a Story
Renegade Economists Show 600 As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Karl celebrates 600 episodes with a walk through economic history over the last 14 years of the show,...
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