Latest News & Commentary
Can the Senate address housing affordability
By Catherine Cashmore Reposted from Macrobusiness In the final hours of Federal Parliament for 2013, Labor Senator Jan McLucas succeeded in establishing an inquiry by the Economics References Committee, in addressing Australia’s growing housing affordability crisis,...
Kohler condemns expensive land
Alan Kohler is out this morning on Business Spectator with a big swipe at Conservative state governments. Yes, that is conservative with a capital ‘C’. He sees at last the destruction the cost of land is wreaking from Port Hedland to Hobart. The high price of land in...
The mystery of unearned income
As published today on Truthout The wealth gap is dividing society at an astonishing rate as the lessons from the Great Recession are helicoptered away. QE3 has worked for Wall St but little else. Over 30 nations are facing the shock and awe of property bubbles as the...
Companies spy a way to exploit tenants
By Philip Soos and Paul Egan Reposted from Business Spectator Suspend disbelief for a moment and imagine you are a residential landlord with a property for rent, seeking prospective tenants through a property manager. After advertising, it later comes to your...
Stamp Duty stifles labor mobility
The Productivity Commission is out with a major study that recommends ending Stamp Duty on conveyances in favor of a land value tax to avoid trapping people in their homes when better jobs beckon elsewhere. The Geographic Labor Mobility report examines the match...
Harnessing Monopoly to Finance Government
The Total Resource Rents of Australia report finds the complete removal of income, company and sales tax is possible by replacement with a tax on monopolies such as water trading, cyber squatting, taxi licenses and land. “Economists have for hundreds of years pointed...
Total Resource Rents of Australia
Major Findings The Total Resource Rents of Australia report finds: The influence of monopoly is 10 times greater than mainstream economists acknowledge. Economic rents are a significant component of the Australian economy, comprising 23.6% of GDP. Almost half of all...
Canberra’s Centenary and the Perennial Land Question
2013 Clyde Cameron Memorial Lecture Saturday 14th December 2pm-5pm Keynote Speaker: Mr. Jack Waterford A.M. University House Hall, 1 Balmain Crescent, ANU J.E. (Jack) Waterford is an Australian journalist and commentator who is now Editor-at-Large of The Canberra...
Listed Developer Englobo Holdings
Sharemarket-listed property developers hold 264,000 residential lots in their development pipeline - 19.3 years supply with a disclosed end value of $80 billion - in a year when they sold only 13,000 lots, according to analysis by Prosper Australia. The largest holder...
Australia’s FIRE Sector Propaganda Matrix
by Paul Egan In the cult science fiction Matrix movies, people live within a simulated reality created by artificially intelligent machines who feed from their life energy; a dream world that has enslaved humanity due to a blissful lack of awareness of the invisible...
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