Latest News & Commentary
Dual incomes – capitalized or decapitated
photo credit: Amarand AgasiWestpac Chief Economist Ted Evans nailed his colors to the mast with his optimistic report ‘Australian housing: the bubble myth’. Evans forecasts steady prices for the next two years while household incomes rise 7 per cent pa, “setting a...
Why didn’t economists see Australia’s property bubble?
photo credit: h.koppdelaney By Philip Soos This article first appeared at www.theconversation.edu.au and is republished under Creative Commons. One aspect of housing and stock market bubbles continually repeats: the vast majority of economists either miss or deny...
Melbourne ‘Stale Stock’ hits 70,800
photo credit: Soon.17 September 2011 MELBOURNE:- Exponential growth in the number of unsold properties overhanging the Melbourne market continues, up 18 per cent in the last month alone. “In the last five months ‘Stale Stock’ in Melbourne postcodes 3000-3207 has...
Please, Please, Mr Premier!
photo credit: sky_mitchState Treasury’s brief to the incoming Baillieu Government, the Blue Book, urges tax reform to drive Victoria’s competitiveness. The Blue Book has apparently been leaked to The Age. It strongly recommends lowering the burden of state taxes,...
NSW Stamp Duty a foul and putrid mess
photo credit: dcmasterBarry O’Farrell was elected Premier of NSW in March this year. His first budget announced Tuesday raised a storm of protest – not over a realignment of government priorities to his conservative Coalition’s agenda, but on Stamp Duty. The previous...
Collecting the Ransom
Just buy me out. Why now? See more of Real Estate 4 Ransom including the trailer and new screening dates for Canberra, Hobart & Sydney. More soon.
Tax: It’s a Sin!
photo credit: cobaThe taxing of alcohol allows slimy politicians to pound their chests about the damage the drug causes and claim high moral authority for sweeping the money into Consolidated Revenue. Slimy? Yes! Governments say alcohol taxes are a policy tool – to...
Right of Reply – R4R in Fairfax
Our documentary was reviewed on Friday in Real Estate 4 Ransom by Age property journalist Chris Vedelago. It was the most read Domain article nationally over the weekend. We have received hundreds of emails from people eager to see the film. We are doing our best to...
House Prices falling at 9.5%: Don’t Buy Now!
photo credit: Lionoche1 September 2011 MELBOURNE:- The RP Data‐Rismark July Hedonic Home Value Index released yesterday confirms house prices are falling at an annualized 9.5 per cent. “The new downward trend in house prices is firmly established and will proceed...
Rethink that Fire Insurance Levy, Mr Premier
30 August 2011 MELBOURNE:- Massive hikes to the Fire Services Levy are a very poor way to fund bushfire preparations, says Prosper Australia. “While this move may appear sensible, if insurance premiums in fire-prone areas rise to the $1,000 mentioned in the...
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