Latest News & Commentary
Australia’s big tax project
The relationship between older, younger, and future Australians and our tax and spending priorities is based on an implicit generational bargain. Working age taxpayers support older and younger Australians and can expect the next generation to support them in the same way, and economic and social development will enable each successive generation to enjoy rising living standards. At the very least, we should not leave the next generation worse off.
Simple tweak to resource royalties could raise almost $15B a year
Prosper Australia today released new research examining Australia’s resource royalties. Australian states could capture an additional $14.5 billion in revenue each year by moving to a more flexible royalty model with variable rates that adjust to market conditions.
Prosper Slams Allan Labor Government’s Land Value Giveaway
Prosper Australia has expressed strong concerns over the Allan Labor Government’s recent announcement of 50 new activity centres across Victoria, citing the absence of any form of Land Value Capture (LVC) mechanism as a missed opportunity to ensure fairness and economic sustainability.
Transcript: Value Capture and Affordable Housing: Insights from Singapore
133rd Henry George Commemorative Dinner Address by Professor Sock-Yong Phang, Singapore Management University, Kelvin Club, Melbourne, 15 August 2024 Value capture and affordable housing: insights from Singapore Good evening, everyone. Thank you, Dr Tim Helm...
What do land tax, Monopoly, and Australia have in common?
The following opinion piece was written by Gareth Hutchens and published in the ABC on Sunday 31st March, 2024. It is reproduced here with permission. This piece of writing was part of a 3-part series, awarded the 2024 E.J. Craigie Writing Award.
Report: 100,000 vacant homes in Melbourne
2024 Speculative Vacancies report release shows 5.2% of Melbourne’s homes lie vacant. Prosper Australia’s 11th Speculative Vacancy report, examining water meter data, today revealed startling statistics on the extent of unoccupied housing in Melbourne that illustrate...
Budget ’24: Australia Needs a Tax Shift
Prosper Australia condemns the latest Federal Budget as a missed opportunity for much-needed tax reform.
Helping families an empty promise for Victorians on public housing waiting lists – and Victorian businesses are paying the price.
Prosper Australia today declared its disappointment at the state budget inaction on housing and tax reform. “The Housing Statement declared a goal of 800,000 new homes over the next decade, yet this budget contains only minor announcements on an increased construction...
Supply targets alone won’t solve the problem
Supply targets alone won’t solve the problem - we need redistribution and tax reform Prosper Australia today condemned the punitive approach taken by the Allan government to address housing supply, calling the strategy a complete miss of the mark. “Our research shows...
Buying better income taxes with better land taxes
3 million workers could benefit from tax shift Prosper Australia today released new research highlighting the economic benefits of shifting taxes off income and onto land. Report highlights: Low and middle income earners face effective marginal tax rates (EMTRs) on...
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