Latest News & Commentary
Renegade Economists Investigate
Our now monthly radio show on 3CR, on the fourth Wednesday @ 6pm. The show has some big names lined up over the next few weeks - can you guess who by the flavour of recent episodes? Remember you can listen five ways: Sign up to mixcloud to have the show delivered to...
“Poverty is the mother of crime”
What did Marcus Aurelius mean when he said “Poverty is the mother of crime”? Surely he wasn’t trying to justify crime? The vast majority of poor people keep on ‘the straight and narrow’ without turning to crime? No, he wasn’t justifying crime; he was simply being...
Australia’s democracy destroyed – for thirty pieces of silver
Matthew Stevens, the AFR’s kindly mouthpiece for big miners, is today promoting a range of very bad ideas that suit his, ahem, audience. The article is paywalled from sheer embarrassment. He lauds the political destruction of WA Nationals’ leader Bernard Grylls for...
Who will fight Oil & Gas in Australia’s national interest? The boxing ring is right here…
Craig Emerson, principal architect of Australia's Petroleum Resource Rent Tax, is out in the AFR today fighting for good taxes and sound economics. For thirty years, the PRRT had been a successful revenue-sharing device, delivering well over $33 billion to...
Prosper SBS News
Prosper Australia President Catherine Cashmore had a busy week. First, Catherine was interviewed by Raph Epstein for ABC FM Drivetime. Then Catherine was asked to appear on SBS News Saturday night in Vacant Homes in Sydney draws Attention of UN. Channel 9 news also...
Real estate is no market
Well, it certainly looked like a market today: all those people assembled at the auction, wanting to see what that four bedroom, two bathroom brick veneer house with a double garage was worth. Near new; attractive and efficient layout; sitting nicely on a well...
NSW fire services to be funded by the land
The NSW government is reforming how it funds fire services, removing the charge on fire insurances and introducing a land-based levy. NSW Treasurer Dominic Perrottet says: “Eliminating the old (Emergency Services Levy) is expected to reduce insurance costs on...
Eureka! The Black Dragon has an epiphany
Louis Christopher of SQM Research – aka Black Dragon - has seen through the maze of deceit to properly identify the national interest and yesterday published Five Solutions to Housing Unaffordability Crisis. His prescription is simple: cut immigration, grow in the...
Victoria to tax vacant properties into use
Premier Daniel Andrews announced a range of housing affordability measures Sunday, some of which will help. The eye-opener is the introduction of a Vacant Residential Property Tax at one per cent of the capital improved value on properties held vacant for six months...
Report Insights on the UN’s Financialisation of Housing
The UN Special Rapporteur’s Report into the financialisation of housing delivers a damning indictment on the worldwide commodification of housing. The report investigates the state of housing globally, the current economic policy trends to control and shape...
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