Latest News & Commentary
Tax Evasion the budget cost
The opening line to the Tax Justice Network's new report "Who Pays for Our Commonwealth?" states: if.... the largest Australian listed companies paid taxes at the statutory corporate tax rate of 30%, it would produce an additional $8.4 billion in annual revenues They...
Mernda Infrastructure: The Public Right to a Return on Investment
With ALP leader Daniel Andrews' announcement today of plans to extend the rail line to Mernda, the question arises of how to finance it. “The $600m cost will probably be sourced from general revenue. But we ask, why don’t the public receive a better return on...
Gaffney on Piketty’s flaws
A frenchman with no commentary on the Physiocrats? Mason Gaffney, author of the groundbreaking The Corruption of Economics and the recent Gaffney Reader, analyses Tomas Piketty's bestseller 'Capital'. Capital in Any Century: A Response to Thomas Piketty by Mason...
The Housing Supply Chimera
Australia is a mirror of other countries where high housing prices were also blamed on a shortage, always revealed, in hindsight, to be a chimera.
Scottish referendum a chance for resource sovereignty?
This week's Scottish independence referendum is a challenge over the sovereign ownership of resources. Who should profit from nature's endowment? At present barely 500 privileged families own half of the nation. Is this why the powers that be do not want independence?...
Hallelujah! The tax reform pathway becomes clear
An Australian political party has boldly stepped forward with a proposal to reform taxes to make housing affordable and end the destruction of tens of billions of dollars of taxpayers money in deadweight losses each and every year: that party is the Australian Labor Party.
Shortage-sceptic Prosper Australia shocks Senate committee
Prosper Australia shocked the Senate Economics Committee inquiry into Housing affordability with the view we have no supply constraints - because rents haven't budged. They have been hearing from every vested interest that Supply! Supply!! Supply! is the key...
New Aussie Mortgage Debt record
New Aussie Mortgage Debt record - but why? Dont crowd out the investors!! by Renegadeeconomists on Mixcloud Philip Soos & David Collyer discuss their Senate Housing Affordability Inquiry presentation amidst the fast moving economic environment. Read their submission....
Georgism: addressing root causes
The hope behind band aids : a special on Henry George by Renegadeeconomists on Mixcloud The 7th birthday edition of the Renegade Economists paid tribute to the deep seated thinking behind Henry George's writings. We discuss some of the many highlights to Georgism with...
Prosper says easy credit, soft taxes fuel house bubble
Our Senate submission quoted extensively in the AFR today by NICK LENAGHAN Australia is facing a “land bubble” driven by cheap debt and a tax system that encourages property speculation, lobby group Prosper Australia has warned a Senate inquiry into housing...
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