Latest News & Commentary
Almost 20pc of Melbourne’s investor-owned homes empty
Published by the Australian Financial Review by Michael Bleby The number of empty houses and apartments in Melbourne is much higher than traditional estimates, with as many as one-fifth of all investor-owned properties lying empty, according to a study of water usage...
Speculative Vacancies 8 Report
Executive Summary Prosper Australia’s Speculative Vacancies Report demonstrates how Government housing, tax and supply policies have allowed widespread residential and commercial vacancies in Melbourne. Melbourne’s three main metropolitan water retailers, City West...
Congratulate Your MP!
Join our Evolving Economics Enews list to keep in touch with the growing tax reform movement. Sign Up now. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia December 2015 Speculative Vacancies 8 - The Empty...
A GST hike will hurt everyone. Everyone.
The AFR’s economics editor Alan Mitchell has taken a Treasury briefing. He is out this morning offering all sorts of reasons why a broader, higher GST is a brilliant master-stroke that deserves universal applause. He knows, we all know, a Goods and Services Tax is...
Learning history’s failed economics?
“The relevance of Moses’ economics to our own tax-burdened days is startling” proclaimed The Viking Press’ blurb for Francis Neilson’s book “The Eleventh Commandment” on its release in 1933. However, during those early days of the Great Depression, policy makers made...
Judgement Day arrives for illegal foreign buyers
reposted from Macrobusiness by Leith van Onselen Today is 1 December, which means that the amnesty on illegal foreign buyers of Australian residential real estate is over and the Government’s new penalty regime comes into effect. From today, a foreign national that...
An obituary
RIP Australia Australia was not overrun and defeated. It became dead at heart, and the rot and canker spread to its extremities. Federally, proportional representation elected only the Senate, because rent-seekers who divided and ruled the nation charged that...
Love to hear Bob Dylan sing this
Blowin' in the wind Why must we be fined with tax, for workin’ for the nation? Yes, ‘n’ how much time will it take before … we’ll quit our occupation? Why won’t we turn where the tax breaks are, in real ’state speculation? The answer, my friend, is blowin’ in the...
We the Selectorati
Some advice Once you've understood that you’re only on this planet for a short period, certain things should become clear to you. Namely, there’s only a few people who are life's winners; the vast majority will die losers. Whilst workers and capitalists are both...
Select Committee on Value Capture: Public Education campaign vital
Following our Parliamentary submission, Prosper Australia was asked to appear at the Select Committee into the Scrutiny of Government Budget Measures - 05/11/2015. The transcript is now available. Transcript via Hansard CASHMORE, Miss Catherine, President, Prosper...
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