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Prosper Australia is currently looking for a Marketing Communications expert. Full details can be found here. Prosper Australia is an independent, not-for-prot organisation campaigning for economic justice. Our agenda includes research and advocacy for reforms such as...
Impeding the Market
Here is the livestream of the report launch for Speculative Vacancies 9 - Impeding the Market: https://www.youtube.com/watch?v=H1oXXaObPOI The accompanying powerpoint: Speculative Vacancies 9 - Impeding the Market from Prosper Australia Just how much market power...
Vacancies to rise in a falling market
Cross-posted from the AFR's Michael Bleby. The number of vacant investor-owned properties in Melbourne remains high, with as many as 16.2 per cent homes sitting empty, according to the latest Speculative Vacancies report based on 2017 water usage data. The proportion...
Speculative Vacancies 9 – Impeding the market
Read the full report Key recommendations Water data indicates 60,901 residential properties were vacant in 2017 at a rate of 3.9%. Absolute vacancies using zero litres of water revealed 21,326 residential properties at 4.6% of the rental market. Up to 16.2% of...
Property Rights tilt the playing field for generations
Renegade Economists Show 574 As broadcast on the 3CR airwaves 5.30 - 6pm Wednesdays. Subscribe to the monthly podcast. Show Notes Karl returns for the 1st monthly show, with a focus on Property Rights. Just how much of an advantage are they and how can we re-balance...
Finally, Negative Gearing oversight
Have you ever wondered what oversight is provided to ensure investors place their properties on the market at market rents? Or do some push rents higher so they fail to rent and NG writeoffs are accentuated? Recently the Greens senator Peter Whish-Wilson had the...
I need a pay rise. Something deep and structural…
For our collective angst over Australia's economic decline, wage growth is an indicator most dreadful. Look into the eyes of stagnating wages growth and see property markets crash, governments crumble, and hi-viz-vested citizens burning bankers in the streets. What...
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...
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