Latest News & Commentary
Why economies are failing
The Real Excess Burden: an overarching approach By Bryan Kavanagh Disclosures I'm not a fan of economists who are able to equate the rent flowing from land with the returns to manufactured capital without experiencing a frisson of self-reproach. That income from land...
This government wouldn’t fight for a trillion dollars
Treasury is asking why the Petroleum Resource Rents Tax collects only a fraction of the revenues it could. Actually, they know exactly what is wrong, but need public consultation in case someone has a bright idea to fix this broken tax without conflict. There are...
Value Capture & Its Beneficiaries
Prosper's recent value capture submission answered pressing questions, an indication of how deeply the Department of Infrastructure is considering this vital funding mechanism. Read the department's Value Capture discussion paper for an insight into their...
Prosper’s PRRT submission
by Dr Cameron Murray Summary 1. Successful reforms of oil and gas resource taxation that reclaim the public’s rightful share of resource rents will be vigorously contested with extensive lobbying and campaigning. The oil and gas industry is also likely to challenge...
The Hidden Role of Rent
Fred Harrison summarises the various studies analysing the role of economic rents and why it is hidden from economic analysis. The interview is conducted by Andy Mazzone (Henry George School of Social Studies) as part of the Smart Talk series....
The WA Barnett government will be destroyed – who benefits?
The West Australian state election March 11 will be quite a fight. The few opinion polls suggest a handsome victory to the McGowan ALP opposition. ReachTEL has 55-45 two party preferred and Newspoll 52-48 in favour of Labor. Minor parties campaigning in the ashes of...
Does Berejiklian want to play Monopoly? Does Perrottet?
Damien Perrottet, deputy to the new NSW Premier Gladys Berejiklian, is retreating from the former Baird government’s plan to sell a 35 year lease of the NSW land titles register. NSW’s conservative government is ahead in the polls – and Berejiklian appears determined...
Proust wants a 15% GST hike = Eat the Poor.
The calls for tax reform come thick and fast – like hammer blows upon the Turnbull government, on its knees praying for a recovery in public opinion. The AFR today gave Australian Institute of Company Directors CEO Elizabeth Proust the pulpit to call for an increase...
Housing affordability and the changing debt burden of a typical mortgage
by Philip Soos reposted from The Guardian Australia’s historically high and rising housing prices are widely debated and have prompted a number of government inquiries into housing affordability. The question stands open: is housing affordable in Australia?...
Redirecting Royalties to the Rural Rump – The Nationals go vote-harvesting
The Western Australian election 11 March will be a furious battle, but don’t bother with the popcorn – the ALP led by Mark McGowan is set to win easily and the fireworks of One Nation will prove a damp squib. Facing certain defeat, the Liberal–National Coalition are...
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