Latest News & Commentary
How much is a politician’s skin worth?
The IMF has added its voice to the calls for Australia to reform how we tax ourselves to be more productive, fairer and better placed to manage the headwinds ahead. Its annual consultation report with the Australian government says: “Stamp duties should be...
Will Rents rise under Labor?
The proper function of the property industry is to keep the productive economy housed as cheaply as possible, so that investment in future production is not crowded out by the cost of occupying space — that is, by the cost of mere existence. To serve this purpose, the...
Media Release: The Economy Made Easy
Real estate cycle expert Bryan Kavanagh says turnover and price declines in Sydney and Melbourne during 2018 indicate an economic recession in the 2019-20 financial year. The 2018 "Kavanagh-Putland Index", released today, shows the total value of Australian real...
The Economy Made Easy
Bryan Kavanagh's new report on the state of the real estate cycle, in light of the latest Kavanagh-Putland Index. The Economy Made Easy from Prosper Australia Background - See the latest edition of Progress where Bryan includes his findings in 'The Truth About High...
LVT Animated
Dominic Frisby teams up with animator Leon for one of the best animations yet on the need for a more effective tax system. Share this one!
Individualism and collectivism reconciled
Letter to the Editor AFR, 21/11 Aaron Patrick appears to rue the fact that Professor Joseph Stiglitz has moved beyond standard neo-classical economic theory in pointing out the flaws of monopoly-capitalism, and especially the now entrenched failure of this system to...
Is there anything to fear in Dan Andrews tax plans?
Victoria is two weeks out from an election and finally somebody is talking revenue policy. The Liberals have launched a new website, in ominous shades of red and black, detailing the government’s taxation agenda. The website reveals Labors' shocking new taxes (9) and...
The other vacancy report. New rental streams from excess car parking?
According to the lovely Dr. Elizabeth Taylor over at RMIT, parking in Melbourne's city centre now occupies the equivalent of 225 MCGs. The main reason for this bounty: minimum car parking requirements in the planning scheme. These requirements compel developers to...
Affordability runs on the board
Dr Cameron Murray on actual housing affordability policy that works. A short video on two policies at least FOUR times more effective than the dominant paradigm of ‘build more houses’. These are excerpts from the 127th Annual Henry George Commemorative Dinner, where...
Post GFC: The Quest to Own the Future
Christopher Burns First published in Progress Magazine #1124, this article is timely upon the ten year anniversary of the Global Financial Crisis. Please note the first graph when reading the many GFC related articles this week. Not content with blowing up the global...
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