Blog
Letter: ALP policy reversal hurts first home buyers
Letters to the Editor The Age Labor's decision to drop its policies on negative gearing and capital gains tax reform must be profoundly dispiriting for prospective first home buyers. How can they compete with the heartless and misleading (yet very effective)...
The Potential of a Rezoning Windfall Gains Tax
Media Release REZONING WINDFALLS COULD FUND RECORD PUBLIC HOUSING SPEND EACH YEAR A new report on landholder profits following the rezoning of the Fisherman’s Bend precinct showed an average 368% windfall gain per square metre, or $4.43bn. Prosper Australia research...
Society’s Survival Skills
Renegade Economists Show 596 As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Select highlights from the last year focusing on society's basic survival mechanisms. A good home, an effective...
Report Launch – The rezoning ‘honeypot’
Prosper’s latest report scrutinises the rezoning windfalls at Fishermans Bend. Tuesday, 29 June 12:30pm Online event. Register for zoom link Join report authors Emily Sims and Jesse Hermans, with special guest Cameron Murray. Most of us feel that it is intuitively...
Rezoning Windfall Gains Tax – FAQs
Homebuyers might be wary of taxing rezoning windfalls, because they worry it will increase the sticker price of housing. The property industry says that taxing rezoning windfalls will increase the cost of housing because the tax will be passed on. They also say that...
Banging Down the Doors of Parliament: Why it should be housing advocates rather than the property lobby
The Victorian Treasurer’s recent housing policy announcements delivered an odd sense of hope for affordability wonks. The state finally saw fit to place extra tax burdens on the property sector with an increase in land taxes, stamp duties and importantly, on rezoning...
Rights to Rezoning
Renegade Economists Show 595 As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Karl is joined by his colleagues Emily Sims & Jesse Hogan to pull apart property lobby spin in light of the...
With Great Reward, Comes Great Responsibility
LAND TAX DRIVES STABILITY Changes to land tax and the introduction of a windfall gains tax will drive stability in the Victorian housing market, according to Victorian economics research group Prosper Australia. Prosper advocacy director Karl Fitzgerald says the...
Rezoning windfalls tax for Victoria!
I was once told by a senior industry practitioner in a post-graduate property lecture: "The best way to make money in this game is to buy a piece of farm land on the urban fringe and lobby to have it rezoned." Totally rational approach given the pot of honey in the...
States drive sustainable tax reform
Until recently, no government had a “cogent plan” to deal with impending combustion of Commonwealth fuel excise revenue. But now Victorian Treasurer Tim Pallas has risen to the challenge both to future proof Victoria’s road charging regime, and make Zero and Low...
Subscribe to our newsletter
Support our work to shift tax away from the productive parts of our economy and towards unearned streams of income.
The power of revenue policy to create a fairer and more sustainable economy is significantly underestimated, and this is what we seek to change.