Latest News & Commentary
Privatise at your own peril Premier
Queensland's weekend election saw the largest turnaround in Australian political history. A landslide against the ALP at the last election, now one back their way this time spells an electorate concerned with the economic vision for their future. With much of the...
Rents not Wages hurting small business
Letter to the Editor Australian Financial Review 29/01/2015 Those urging cuts to penalty rates and minimum wages for working people remind me of the blind guides, in the biblical proverb, who strain at a gnat and yet would swallow a camel. Your story "Mates' rates...
The property holdings of members of the Queensland Parliament
The Queensland election this Saturday has the nation holding its breath. Will the Liberal/National Party government of Campbell Newman with 78 of the 89 seats in the parliament be displaced by a very angry electorate, or merely have their huge majority...
Rating System Undermined
Have u signed up to our Evolving Economics Enews yet? Subscribe here. If you are already a subscriber and noticed some of the links were missing in 'The Private Earth' section, they've been fixed below so you can connect to the interview with Michael Hudson. Having...
Ditch the saddlebags of deadweight losses – for the win
Yesterday, Cameron Kusher of CoreLogic RP Data called for the removal of conveyancing Stamp Duty and its replacement with a universal land tax. His comments come just ahead of the release of the federal government tax reform white paper. He echoes Australia’s Future...
Rates Cap to Continue Vicious Circle
“Victorian Labor’s capping of local council rates plays straight into the hands of Tony Abbott’s pro-GST revenue centralisation agenda” stated Prosper Australia Project Director Karl Fitzgerald. “The integrity of Victoria’s local council rating independence was dealt...
Land – A New Paradigm
Martin Adams debut book Land: A New Paradigm for a Thriving World is out today. The book asks what if we lived in a world where everyone had enough? A world where everyone mattered and where people lived in harmony with nature? What if the solution to our economic,...
Victoria considers ‘Value Capture’
Victorian Labor in its November 2014 election transport manifesto Project 10,000 boldly announced it would “Remove our 50 worst level crossings” at a cost of $5-6 billion. They are now the government. Grade separation of rail – elevating the track or, preferably,...
Stiglitz to Piketty: its the land!
Joseph Stiglitz's recent interview with Lynne Parrymore of the Institute for New Economics demonstrates the difference between land and capital: My paper begins with the observation that in fact, you cannot explain what has happened to the wealth/income ratio...
OECD’s Housing Concerns
Yesterday's OECD Economic Survey of Australia pinpointed key areas of risk. As Philip Soos and Paul Egan showed today in their 21 chart pack, Australia's land bubble and accommodating credit cycle opens the economy to incredible risk. But the Abbott government...
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