photo credit: Super Doily As published in yesterday's Online Opinion As if out of thin air, a magical 46 per cent more property was offered for sale in February than a year earlier. Like the heavens opening after a long drought, desperate first home owners must have...
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Delighted. And red-faced with anger
If anyone needed evidence that we live in a plutonomy, here it is. Australian citizens would be rioting in the street if they understood this conspiracy.
Wage-earners subsidise land owners – again
The Gillard government today announced a levy on income taxes to pay for the Queensland floods: half a per cent on incomes over $50,000, one per cent on incomes over $100,000
We wont listen to our own experts, how about a foreign one?
photo credit: Express Monorail Australians have a disturbing mind-set: we prefer foreign experts over our own. People like Steve Keen and Gavin Putland make waves overseas with their valuable commentary on The Great Australian Housing Bubble, but are ignored at home....
Grand Sale! Grand Sale! Grand Sale!
The Australian Government is about to sell real estate worth billions. It is a matter of critical economic importance that they get it right. Up for sale is radio spectrum for mobile phones and data signals for the next fifteen years. This is real estate as rare and...
Be bold, Mr Baillieu: abolish Stamp Duty and Payroll Tax
photo credit: djking To win the election, the new Victorian Premier Ted Baillieu pledged to phase in reductions in Stamp Duty by fifty per cent on real estate transactions under $600,000 for first home buyers. This is a very modest proposal. Mr Baillieu’s incoming...
Walter Burley Griffin and Canberra’s early history
Dr David Headon has put together a revealing document entitled 'Those Other Americans' to celebrate Canberra's early history and their upcoming 2013 centennial. This is a superb introductory document to Georgism (and Australia's early history), with many references to...
Will ninjas burst the Great Australian Housing Bubble?
photo credit: The Library of Congress Only when the tide goes out do you discover who's been swimming naked. Warren Buffett In the US housing bubble, banks and financiers gave a mortgage to anyone with a discernable pulse. NINJAs (No Income, No Job, no Assets) were...
Inequality in Western Europe
photo credit: papaija2008 Why the social-liberal model has failed. Niels Charlier of the Georgist Education Association of Western Australia. As published in the Progress Winter edition, 2010. Get your free copy here Over the past few decades, the wealth gap in...
Mr Presley has left the stadium.
photo credit: RR and Camera At the peak of his career Elvis Presley was so popular audiences would sit and clap at the end of the night, demanding encore after encore. They couldn’t get enough. The only way to end the demands and disperse the crowd was for him to...