Sometimes, through the smoke and fireworks of the national debate a political commentator sees the path forward and points the way. Today in the Australian Financial Review, Alan Mitchell takes a far-sighted approach to the crisis provoked by the Abbott government in...
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Death Duties an untimely distortion to wealth gap debate
With the recent Piketty inspired discussions of inheritance tax, this is a timely piece by Carrie Stoddart-Smith. She curates the neat Ellipsister blog in Christchurch, NZ. Follow her on twitter. I was reading Martyn Bradbury’s post Generation X have been betrayed by...
Our Interrelated Property Cycles – easy ‘windfall’ gains – but, what’s the Consequence?
There’s only one reason we have devastating house price booms and busts – the pre marker to any recession and economic disaster, and that is speculation induced in this case, through the privatisation of unearned gains.
WA shows tax reform leadership. Well, I hope so.
WA Treasurer Mike Nathan has heard the call from REIWA President David Airey to end Stamp Duty and fund this by removing exemptions from State Land Tax
Superannuation the next sacrificial lamb in failed infrastructure model
The continual reinforcement that new infrastructure can only financed by privatising the last remaining public assets is worth challenging. According to Infrastructure Australia and Joe Hockey, a fire sale here or there is all that is required for a mere $220 billion....
Australia’s Magic Pudding
The price of allowing FHBs to access superannuation creates some real winners: existing landowners, banks and the handful of buyers able to buy before the land-price jaws inevitably snap shut again. Everyone else loses – now and in retirement.
Australian property through foreign eyes
By Catherine Cashmore, a market analyst, journalist, and policy thinker, with extensive industry experience in all aspects relating to property. Follow Catherine on Twitter or via her Blog. I had the good fortune to meet two investors from Dallas Texas last week –...
People Power and Housing
By Catherine Cashmore, a market analyst, journalist, and policy thinker, with extensive industry experience in all aspects relating to property. Follow Catherine on Twitter or via her Blog. The protests that washed across major cities and towns a few days ago, covered...
Englobo IV: Land, Land, everywhere but not a place to sit
Victorian Planning Minister Matthew Guy has been out this week energetically pointing to fresh ‘land releases’ around Melbourne. Growth, or the illusion of growth, is a powerful sedative that buys contentment and political support. He will bang this drum hard. Plan...
Physiocrats – The Catalysts of Economic Thought
Cross Posted from Monmouth University The Physiocrats Ordell P. Olson Assistant Professor of Economics France, at the end of the seventeenth and into the eighteenth century, was gradually going bankrupt. Wars were depleting both the natural and human resources of the...