Latest News & Commentary
The ‘not enough’ budget clears the way for a bigger tax conversation
Times are turbulent and changing: pandemics, wars, energy crises, climate disasters, inflation, a new government. In this very challenging context, the Albanese government has handed down its first budget. The budget is in many ways foundational. It covers what Labor...
The 2022 EJ Craigie Award Winner
Prosper’s outgoing Director of Advocacy, Karl Fitzgerald, picked up the EJ Craigie Award for best Georgist writing at the 2022 Henry George Dinner and Address. His opinion piece “Forget red or green tape, developers squeeze housing supply with gold tape” appeared in...
131st Annual Henry George Commemorative Dinner and Address
On September 14, 2022 we descended on the Kelvin Club (and online) to listen to Economist Brendan Coates delivering a sobering, hopeful evidenced based address. The 131st Henry George Commemorative Address Dinner and Address attracted a diverse crowd from across...
Queensland Land Tax reversal a win for property industry spin
Director of Research Danny Spring, Policy Coordinator Jesse Hermans The Queensland government has backed down on nation-leading land tax reform after backlash from other states and an opposing media campaign waged by big property. The tax reform was modest, impacting...
NSW and VIC value capture reforms: A comparison
By Li YiLin Value capture type reforms are underway in Victoria and New South Wales. Both governments aim to increase contributions from people who benefit from public decisions that increase land values, known as value capture,...
Workers and businesses need to get on the same page: it’s time to tax super-profits
The wage share of our collective income is at historical lows while the profits share is on the rise. Why is this? There has been some dispute over what impact wages have on inflation (practically none), and if profits have driven inflation. Yet the picture is clearly...
ACCC, Auditor Generals MIA re Land Banking
Cross-posted from The Age's Cara Waters. More regulation of property developers is needed to prevent them deliberately releasing land slowly to drive up prices for aspiring home owners and maximise their own profits, according to independent think tank Prosper...
Forget Red or Green Tape, Developers Squeeze Housing Supply with Gold Tape
Op-ed Cross-posted from The Age, Karl Fitzgerald The development industry has told us for many years that if the government would just pick up the pace of planning approvals, the supply they could bring to market would bring house prices down. In submissions to...
Presentation: What Happens Behind the Land Supply Curtain?
Our Staged Releases report release presentation. https://www.youtube.com/watch?v=6d6FUvMhtKw See the full slideshow in your own time:
Staged Releases in The Age
Cross-posted from The Age, by Cara Waters The state government’s push to reduce the cost of housing by releasing swaths of land on Melbourne’s fringe is being undermined by big developers, which new economic analysis suggests are banking the land then releasing it...
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