Latest News & Commentary
Sydney Swans and Melbourne Demons
What passes for analysis or commentary on property matters in Australia's media is bloody woeful. Robert Gottliebsen is out this morning on Business Spectator Why Sydney won't mirror Melbourne's apartment glut supposedly comparing Sydney and Melbourne apartment...
Vic Govt need for policy integrity
The new Andrews Government provides a fresh opportunity for reviewing the role of state revenues. The current property bubble has provided a windfall in Stamp Duty revenues allowing for considered reform. The hot topics the State government must address to enhance its...
The FIRB’s new milk teeth
The report of the parliamentary committee inquiry into the Foreign Investment Review Board is out. The inquiry has been conducted with great fanfare to edify the Liberals’ rising star and MHR for Higgins Kelly O’Dwyer. And what are its findings, once the...
Victoria Liberals set to privatise Land Titles Office – a core government function
Media Release 26 November 2014 “The Napthine government policy announcement it will sell Victoria’s Land Titles Office if re-elected is a grave error and to be condemned,” David Collyer Policy Director Prosper Australia said today. “The Land Titles Office is a core...
Sydney brick-maker says “It’s all in the land.”
The AFR today reports Brickworks Ltd calling for steep increases in Sydney land supply to assist affordability for homemakers. Developers on the outskirts of all the major Australian cities are dribbling out lots piecemeal - stifling supply, household formation and...
ASIC ignores reports of mortgage fraud by lenders
by Paul Egan & Philip Soos- Co-Author’s ‘Bubble Economics: Australian Land Speculation 1830 – 2013’ Exuberant household credit growth over the last twenty years has a sinister dimension: the likelihood of widespread predatory lending and bank fraud. Every...
Hoarding Without Consequence – transcription
A transcription of the Renegade Economists interview with Catherine Cashmore, regarding the 7th Speculative Vacancies report. Read the show notes here. Subscribe to the weekly the Renegade Economists radio show, featuring Georgist insights we wish were on the...
Negative Equity – Australia’s Wall of Pain
Recent stress-testing of Australian banks by the Australian Prudential Regulation Authority showed they would survive, though their capital would be sorely tested. This analysis did not take into account an important feedback loop: the erasure of the equity of heavily...
Nathan’s Story
My partner and I are 28. We went to an open for inspection of a house we liked and thought we could afford. We turned up just before he closed. There was an older couple there in their 50-60's. The price was 'from $600k+' on the sign in sheet we left with him. On it...
7/10 inner Melbourne Apartments owned by investors – ABC 24
https://www.youtube.com/watch?v=jiVxe1C9pKk&list=UUWZize2G7RUNuI56XmgwauQ Catherine Cashmore discusses the 7th Speculative Vacancies report on ABC TV.
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