Latest News & Commentary
Victoria thinks the unthinkable – land tax
The Andrews government is flying a kite today in The Age to gauge public opinion on removing conveyancing Stamp Duty and using State Land Tax instead. This initiative deserves thunderous applause. With many young Victorians now excluded from home ownership and renting...
Property big short is long on price
A letter in today's Australian Financial Review by Dr Philipp Hoflin, a member of Lazard Asset Management's equities team soberly expresses the discomfort among sharemarket investors about the Giant Australian Land Bubble. Property big short is long on price In...
If you’re not a property investor, your retirement plans don’t matter, says IPA
by Dr Gavin Putland Professor Sinclair Davidson for the Institute of Public Affairs has written an “occasional paper” under the title “What politicians need to know about negative gearing”, opposing the known Labor policy of allowing negative gearing only for new...
Reform Negative Gearing Now!
Are you locked out of the housing market? Do you want to see an end to market distorting subsidies to property investors? Sign the petition! This petition calls for the Federal Government to reform negative gearing NOW! Negative Gearing must be limited to new housing...
Perverse incentives from dud taxes dog public infrastructure investment
Melbourne Domain Sunday went into shock and horror over the impact a proposed elevated rail would have on the selling prices of adjoining Carnegie properties. Area agents say the value of houses backing onto the rail line from Carnegie to Hughesdale could be slashed...
Saul Eslake, Negative Gearing and Policy Promise
Renegade Economists radio show #430 Read the show notes. Subscribe to the leading Georgist weekly podcast. Karl Fitzgerald: And welcome the Renegade Economist with your host, Karl Fitzgerald. And, my, oh, my, hasn’t it been in the news, negative gearing, there’s been...
See The Big Short, talk about The Big Short
Based on Michael Lewis’s 2010 book, The Big Short is a critically acclaimed film about Wall Street in the lead-up to the 2008 Global Financial Crisis. “This business kills the part of life that is essential, the part that has nothing to do with business” - The Big...
Treasury Secretary falls for Gearing Myth
The Treasury Secretary John Fraser was recently found wanting in the Senate Economics committee on the most controversial tax in the country. When asked by Senator Peter Whish-Wilson what would happen to rents if Negative Gearing was removed, he provided the following...
Prosper’s President in the news
Prosper Australia President Catherine Cashmore was interviewed by Michael Bleby in the weekend Australian Financial Review. The interview stepped behind the intrigue of Henry George and Land Value Tax. Some selected highlights: Economic thinkers don't often draw large...
Abandon bad taxes
Flinty Deloittes economist Chris Richardson and all-heart ACOSS chief Cassandra Goldie are on the same page today in the Australian Financial Review. Literally – page 47. Their tax policy prescriptions, now Malcolm Turnbull has ruled out increasing the GST, are...
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