Latest News & Commentary
H’infrastructure
The call for infrastructure spending to lift Australia’s productivity and efficiency widens and deepens every day. Around us, economic activity continues to weaken, particularly in construction. The call to spend big will soon be irresistible. The needs list is very...
A sore lesson from housing history
It is often said those who fail to understand the mistakes of the past are bound to repeat it. In one area, this holds spectacularly true: the residential real estate market. History has shown time and again the fortunes of Australians are closely linked to the...
Incoming! Everyone Duck! Incoming!
Everybody duck! A property spruiker has taken exception to Philip Soos’ panoramic chart pack of Australian property values. Cripes! Pete Wargent is an investment advisor and auto-publicist who operates toward the breathless end of the investment spectrum. His new book...
PCA wants to cost shift – onto you
Glen Byrnes, NSW Executive Director of the Property Council of Australia has a Fairfax op-ed out on the Fire Services Levy that has me seething. You will be too when you understand the filthy game he is playing. Victoria’s Fire Services Levy was a charge added to fire...
Privatisation = Disguised Corporate Taxation
Renegade Economists podcast 292 As broadcast on 3CR, Wed June 5th, 2013 Listen to the show Subscribe to the weekly podcast Dr Terry Dwyer (former Treasury economist) continues the investigation into monopoly theory, discussing wasteful competition in what were once...
Hello & Welcome Speech: Punch Lane Launch
Andy Moore, President of Prosper Australia. May 31st, 2013 We are here tonight for the launch of a new look and invigorated think tank – Prosper Australia’s new Punch Lane address – as we migrate closer to the corridors of power at the state legislature. Tonight we...
Data Hub
Prosper Australia sees free access to quality land price data as a major way to reduce information asymmetry between buyers and sellers. In other words, it is harder to fool people who know the market price and where it is trending. There are many private providers of...
Carrots for Baby Boomers
16 May 2013 MELBOURNE:- The federal budget initiative to omit conveyancing Stamp Duty for retirees down-sizing to a smaller home acknowledges just how destructive and behavior-distorting this vile tax is, says Prosper Australia. “This is a disgusting, economically...
Will no one fix our busted tax system?
15 May 2013 MELBOURNE:- Yesterday’s federal budget highlights again Australia’s unbalanced reliance on wage and salary taxation for government revenues, says Prosper Australia. “Taxation discourages. That is why we tax gambling, alcohol and tobacco. Unfortunately, it...
Everyone KNOWS
Land prices are falling across Australia. Yet the politico-housing complex strains at every sinew to hide this from first home buyers and jolly them into making a life-long commitment at the very worst time in eighty years. Problem is, the buyers know. They...
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