Latest News & Commentary
The Victorian branch of the Australian Property Institute Plumbs New Depths
by Bryan Kavanagh AAPI Today’s Victorian API news demonstrates the Australian Property Institute is at risk of losing its way: “Property taxes shoulder Vic budget The Victorian government is becoming addicted to property taxes, which will raise over $6 billion in...
Milton Friedman’s Economic Futurism
A 1999 recording where Friedman discusses the need for bitcoin and the use of Land Value Tax to counter the mobility of capital in the internet age. Bitcoin Explained from Duncan Elms on Vimeo.
Victorian First Home Grants ‘A Cruel Hoax’
28 April 2013 MELBOURNE: - Victoria’s new Treasurer Michael O’Brien taunts first home buyers with a cruel hoax today, announcing grants for new build and targeted stamp duty concessions. He confirmed their role as a patsy for every property-based parasite in...
Bad taxes blight our land
Last week I offered a solution to the blight caused by vacant or disused sites in central Melbourne. Everyone is diminished by landowners leaving valuable land unused while they agitate for rezoning profits. The Age’s Bruce Guthrie hopped into the discussion...
Political Economy Discounted by Constituent Interests
As published in the Economic Society of Victoria's Ceteris Paribus. “You have to ask, if those being duped are too naive to complain, and those profiteering are too valuable to upset, is housing affordability a problem for our politicians, or a gift?” asks Tohm Whitty...
On Solid Ground
On Solid Ground from Robert Schalkenbach Foundation on Vimeo. Our US colleagues at Work and Wealth boldly state: We propose to abolish all taxes save those on the value of land, irrespective of the value of the improvements, and the economic rent of other natural...
Doctoring the supply – the housing fix we are forced to ignore
As published in Online Opinion 18/04/2013 Owning a home is a fantasy without $70,000 in savings. This is simply not possible on an average wage. The debate heated up with Tom Whitty's statement ”You have to ask, if those being duped are too naive to complain, and...
Should we charge Land for vagrancy?
The Melbourne City Council has been urged to apply differential rates “to sites defined as vacant or derelict” by its Future of Melbourne committee. They name to shame the Savoy Tavern on Spencer Street, the Argus building on Latrobe Street and bare land at 567...
Prosper’s New Office
We are proud to announce our new office is up and running. We have moved to 2/22 Punch Lane, Melbourne, located at the Spring St end of Little Bourke St. The Shark Fin Inn is on the corner of Punch Lane and Little Bourke St. Parliament Station is nearest for train....
Land Bubble, Tax Bubble
by Bryan Kavanagh reposted from On-line Opinion I'm constantly told Australia's land prices are astronomically high because of our high rate of immigration and the shortage of supply of residential allotments So, it seems the price of a block of land has simply...
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