Latest News & Commentary
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...
Land tax must kill negative gearing, Stamp Duty
There’s been a lot of debate around property taxation in Australia – significantly negative gearing, which allows an investor to use the short fall between interest repayments and other relevant expenditure, to lower their income tax.
LVT must replace NG, Stamp Duty
By Catherine Cashmore Follow Catherine on Twitter Cross-posted from Macrobusiness There’s been a lot of debate around property taxation in Australia; significantly negative gearing, which allows an investor to use the short fall between interest repayments and other...
The Housing Bubble and Lazy Land Use
As published in today's Online Opinion The beauty of the disinformation is staggering. As house prices accelerate 7.6% nationally, poor housing supply continues to be blamed for the housing crisis. Meanwhile, the sixth Speculative Vacancies report found over 64,000...
On the edge of realty (sic)
AHURI published Friday an important new research paper ‘The edges of home ownership’ about churn in the property market that deserves our close scrutiny and debate. Wood, Ong et al compare the UK and Australian experience of those leaving and reentering home ownership...
Global devaluation really protectionism for property speculators
Renegade Economists podcast 314 Recorded at 3CR November 13th, 2013 Subscribe to the podcast on itunes. Listen to this show David Collyer joins host Karl Fitzgerald to discuss the state of Australian housing market. In the process we consider global policy settings re...
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