Latest News & Commentary
The Greens talk real tax reform
The Victorian State Council of The Greens updated their Finance and Taxation policies last weekend. Normally, I find their soft-left-populist stances mind boggling. Their tax polices, however, deserve attention – and applause. On gambling, The Greens...
Cuba for Sale?
The second in our new Evolving economics enews - sent bi-weekly. Sign up here. Read below for the surprising rationale justifying foreign investment in Cuba's newly privatised property free-for-all. Having trouble reading this newsletter? View it online. The enews of...
The eternal sunshine of the empty mind
The Queensland Supreme Court has struck out the differential rate some Queensland councils charge investors over and above residents on similar properties. Councils may be forced to pay it all back. $300 million a year is in doubt. This landmark decision exposes the...
ACT landowners are revolting
The Property Council of Australia is ‘vehemently opposed’ to Canberra’s special land levy to part-fund the $600 million light rail project from Gungahlin to the city, calling it “just another property tax in disguise”.
Goody Goody Goody!
Sometimes, through the smoke and fireworks of the national debate a political commentator sees the path forward and points the way. Today in the Australian Financial Review, Alan Mitchell takes a far-sighted approach to the crisis provoked by the Abbott government in...
Higher GST ignores housing, inequity
Press Release The Abbott government must rebuild State relationships by assisting in the educative process of tax reform. “The outsourcing of deficit pressures by Treasurer Joe Hockey has accelerated the need for state revenue reforms” stated Prosper Australia...
Budgeting for Capital Gains
Press Release “Treasurer Joe Hockey's budget is a boon for those in pursuit of capital gains" stated Prosper Australia spokesman, Karl Fitzgerald. "Whilst claiming we all must contribute to the heavy lifting, the budget ignores the easy unearned incomes in real estate...
Budget for Packer’s mugs
Sign up to our Evolving Economics enews. We sent this out this morn. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia may 2014 Welcome to our new look Welcome to the new Evolving Economics e-news, combining both...
Federal Budget: Tax Shift to avoid Blame Shift
With the Federal Budget to be handed down in a matter of hours, and with today's housing finance figures revealing more of the same: investors at 39.1% of all loans FHO's nationally plateauing at 12.6%, up 0.1% NSW FHO's at just 8.5% and borrowing on average $320,800,...
Death Duties an untimely distortion to wealth gap debate
With the recent Piketty inspired discussions of inheritance tax, this is a timely piece by Carrie Stoddart-Smith. She curates the neat Ellipsister blog in Christchurch, NZ. Follow her on twitter. I was reading Martyn Bradbury’s post Generation X have been betrayed by...
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